MKC · Mccormick & Co Inc

$54.68 +0.23 (+0.42%)

Market Cap

$14.24B

268.85M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Brendan M. Foley	Chairman, President and Chief Executive Officer	$1,139,084	—	$8,600,105	—	$720,130	$372,262	$10,831,581
Jeffery D. Schwartz	Vice President, General Counsel and Secretary	$683,846	—	$1,850,102	—	$236,946	$174,939	$2,950,272
Marcos Gabriel	Executive Vice President and Chief Financial Officer	$650,000	—	$1,700,074	—	$236,340	$152,903	$2,739,317
Andrew Foust	President, Americas	$634,615	—	$1,300,123	—	$206,505	$179,193	$2,320,436
Sarah J. Piper	Chief Human Relations Officer	$569,519	—	$1,000,065	—	$185,840	$171,555	$1,927,175

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Brendan M. Foley	Chairman, President and Chief Executive Officer	$1,146,538	—	$3,750,020	$3,750,011	$1,843,050	$360,002	$10,849,622
Lawrence Kurzius	Former Executive Chairman	$1,298,077	—	—	$4,750,010	—	$469,225	$6,657,928
Michael Smith	Former Executive Vice President and Chief Financial Officer	$822,115	—	$1,350,044	$2,350,013	$893,600	$254,189	$6,040,748
Jeffery D. Schwartz	Vice President, General Counsel and Secretary	$688,846	—	$900,008	$900,011	$636,132	$189,507	$3,385,852
Andrew Foust	President, Americas	$588,461	—	$500,033	$500,010	$493,788	$164,368	$2,275,038
Sarah J. Piper	Chief Human Relations Officer	$547,308	—	$425,038	$425,008	$491,480	$157,209	$2,058,418

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Lawrence Kurzius	Former Executive Chairman	$1,250,000	—	$4,300,085	$4,300,015	$2,591,250	$160,784	$12,602,133
Brendan M. Foley	Chairman, President and Chief Executive Officer	$953,558	—	$1,200,028	$1,200,010	$1,720,590	$138,988	$5,213,172
Michael Smith	Former Executive Vice President and Chief Financial Officer	$768,846	—	$1,200,028	$1,200,010	$1,071,050	$117,960	$4,357,893
Jeffery D. Schwartz	Vice President, General Counsel and Secretary	$642,692	—	$850,027	$850,007	$763,555	$93,382	$3,199,663
Sarah J. Piper	Chief Human Relations Officer	$473,308	—	$375,062	$375,003	$459,515	$93,992	$1,776,880

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Lawrence Kurzius	Former Executive Chairman	$1,250,000	—	$4,300,055	$4,300,024	$103,292	$472,664	$10,426,035
Michael Smith	Former Executive Vice President and Chief Financial Officer	$741,346	—	$1,150,047	$1,150,018	$41,317	$197,986	$3,280,713
Brendan M. Foley	Chairman, President and Chief Executive Officer	$851,827	—	$1,000,067	$1,000,020	$99,679	$203,010	$3,154,602
Jeffery D. Schwartz	Vice President, General Counsel and Secretary	$623,077	—	$800,036	$800,007	$29,500	$150,301	$2,402,921
Malcolm Swift	President, Global Flavor Solutions and Chief Administrative Officer	$614,958	—	$800,036	$800,007	$55,799	$79,421	$2,350,221

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Lawrence Kurzius	Executive Chairman	$1,250,000	—	$4,050,045	$4,050,014	$2,751,229	$617,368	$12,718,656
Michael Smith	Executive Vice President and Chief Financial Officer	$709,423	—	$1,100,008	$1,100,003	$1,063,808	$210,306	$4,183,548
Brendan M. Foley	President and Chief Executive Officer	$789,615	—	$950,040	$950,001	$991,164	$232,212	$3,913,033
Malcolm Swift	President, Global Flavor Solutions and Chief Administrative Officer	$655,392	—	$750,022	$750,006	$1,203,399	$90,183	$3,520,717
Jeffery D. Schwartz	Vice President, General Counsel and Secretary Malcolm Swift Executive Vice President, Global Flavor Solutions and Chief Administrative Officer	$592,692	—	$750,022	$750,006	$760,806	$147,921	$3,001,448

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Lawrence Kurzius	Chairman and Chief Executive Officer	$1,250,000	—	$4,800,152	$6,600,025	$6,004,270	$639,238	$19,546,334
Brendan M. Foley	President and Chief Operating Officer	$757,885	—	$1,275,157	$2,625,019	$2,105,608	$181,406	$6,945,074
Michael Smith	Executive Vice President and Chief Financial Officer	$662,692	—	$1,200,156	$2,600,028	$1,734,615	$242,304	$6,917,032
Malcolm Swift	President, Global Flavor Solutions and Chief Administrative Officer	$622,067	—	$975,118	$1,825,025	$1,555,062	$82,563	$5,113,688
Jeffery D. Schwartz	Vice President, General Counsel and Secretary	$549,615	—	$750,248	$1,750,024	$1,112,556	$122,868	$4,328,449

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Lawrence Kurzius	Chairman, President and Chief Executive Officer	$1,250,000	—	$4,500,216	$1,500,010	$4,572,938	$343,851	$12,769,184
Michael Smith	Executive Vice President and Chief Financial Officer	$609,231	—	$1,125,164	$375,016	$1,155,507	$194,704	$4,635,711
Brendan M. Foley	President, Global Consumer, Americas and Asia	$722,885	—	$1,200,134	$400,023	$1,416,585	$161,426	$3,901,053
Malcolm Swift	President, Global Flavor Solutions, EMEA and Chief Administrative Officer	$563,737	—	$900,246	$300,024	$1,181,454	$76,842	$3,227,701
Jeffery D. Schwartz	Vice President, General Counsel and Secretary	$509,231	—	$600,067	$200,025	$842,463	$107,308	$2,325,430

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Lawrence Kurzius	Chairman, President and Chief Executive Officer	$1,163,462	—	$8,600,172	$1,300,012	$3,446,013	$326,767	$14,836,426
Brendan M. Foley	President, Global Consumer, Americas and Asia	$675,769	—	$3,561,738	$350,013	$1,074,840	$142,029	$5,804,389
Michael Smith	Executive Vice President and Chief Financial Officer	$552,692	—	$3,500,128	$250,015	$680,673	$178,269	$5,161,777
Jeffery D. Schwartz	Vice President, General Counsel and Secretary	$456,154	—	$1,350,240	$175,006	$693,377	$91,756	$2,766,533
Malcolm Swift	President, Global Flavor Solutions, EMEA and Chief Administrative Officer	$513,726	—	$500,056	$250,015	$1,133,501	$96,314	$2,493,612

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Lawrence Kurzius	Chairman, President and Chief Executive Officer	$965,385	—	$1,206,000	$2,250,012	$2,771,125	$250,624	$9,048,299
Michael Smith	Executive Vice President and Chief Financial Officer	$513,077	—	$782,500	$375,005	$715,280	$146,841	$2,963,316
Brendan M. Foley	President, Global Consumer, Americas and Asia	$595,384	—	$300,000	$600,008	$916,357	$127,926	$2,539,675
Malcolm Swift	President, Global Flavor Solutions, EMEA and Chief Administrative Officer	$500,166	—	$250,000	$500,001	$1,037,654	$102,217	$2,418,831
Jeffery D. Schwartz	Vice President, General Counsel and Secretary	$419,616	—	$175,000	$350,016	$567,249	$93,599	$1,651,004

Executive changes

Person	Role	Change	Effective	Filed
Cindy Hoots	Board of Directors of McCormick	Appointed	2026-06-01	2026-05-26
Patrick Davis	Interim President Americas	Appointed	2026-04-15	2026-04-17
Andrew Foust	Chief Integration Officer	Appointed	2026-04-15	2026-04-17
Julie Giese	Vice President & Controller, and the Company's Principal Accounting Officer	Appointed	2026-04-01	2026-03-18
Gavin Hattersley	Board of Directors	Appointed	2026-02-01	2026-01-21
Richard Dierker	Board of Directors	Appointed	2026-02-01	2026-01-21
W. Anthony Vernon	Board of Directors	Retired	—	2026-01-21
Maritza G. Montiel	Board of Directors	Retired	—	2026-01-21
Brendan M. Foley	Chairman of the Board of Directors	Appointed	2025-01-01	2024-11-25
Lawrence E. Kurzius	Executive Chairman of the Board	Retired	2024-12-31	2024-11-25
Marcos Gabriel	Executive Vice President and Chief Financial Officer	Appointed	2024-12-01	2024-06-26
Valarie Sheppard	Board of Directors	Appointed	2024-06-01	2024-05-21
Terry Thomas	Board of Directors	Appointed	2024-01-23	2024-01-23
Brendan M. Foley	director	Appointed	2023-06-27	2023-06-28
Brendan M. Foley	President and Chief Executive Officer	Appointed	2023-09-01	2023-06-28
Malcolm Swift	President Global Flavor Solutions and Chief Administrative Officer	Retired	2023-11-30	2023-05-17

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