McCormick & Company, Incorporated is a global leader in flavor. With $4.3 billion in annual sales, the company manufactures, markets and distributes spices, seasoning mixes, condiments and other flavorful products to the entire food industry – retail outlets, food manufacturers and foodservice businesses.
We operate in two business segments, consumer and industrial. Demand for flavor is More
|11/30/16||Lawrence Kurzius to succeed Alan Wilson as Chairman of the Board for McCormick; Gordon Stetz to retire from Board|
|SPARKS, Md., Nov. 30, 2016 /PRNewswire/ -- Alan D. Wilson, Executive Chairman of the Board of McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, yesterday announced that he will end his eight years of service as Chairman effective January 31, 2017. Mr. Wilson will continue to serve as a Board member and Senior Advisor for McCormick where he was employed for 23 years. Mr. Wilson retired as Chief Executive Officer in February of 2016 and continued to serve as Executive... |
|11/29/16||McCormick Announces Increase in Quarterly Dividend|
|SPARKS, Md., Nov. 29, 2016 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE: MKC) today declared an increase in the quarterly dividend from $0.43 to $0.47 per share on its common stocks, payable January 17, 2017 to shareholders of record December 30, 2016. This marks the 31st consecutive year that the Company has increased its quarterly dividend. At $0.47, the quarterly dividend is more than double the amount paid in 2007.
Lawrence E. Kurzius, President... |
|11/29/16||McCormick Announces Acquisition of Enrico Giotti SpA|
|SPARKS, Md., Nov. 29, 2016 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today announced that it has agreed to acquire 100% of the shares of Enrico Giotti SpA (Giotti), a leading Italian flavor manufacturer located in Florence, Italy.
Giotti is well known in the industry for its innovative beverage, sweet, savory and dairy flavor applications. Annual sales are approximately 53 million Euro (56 million U.S. dollars).
The acquisition of Giot... |
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