|Lawless to Retire as Chairman of the Board; Wilson to Succeed|
“I advised the Board of Directors of
“In 1998 when the Board asked me to assume the position of Chairman we faced a number of challenges. Since that time the Company has accomplished a great deal and is well positioned for continued growth. We have a new team of executive leaders who have been developed and promoted from within. I consider our succession planning process at the executive level a key part of my legacy and an essential part of success for any organization in these challenging times.
“Over the next few months I will work closely with the Board and
Mr. Lawless was employed by McCormick for over 30 years prior to his retirement as CEO last January. He remained Chairman of the Board of Directors following his retirement and has provided advice and support to Mr. Wilson.
During his 15-year career with McCormick, Mr. Wilson has served as President of several major business units and was Chief Operating Officer prior to being appointed Chief Executive Officer last January.
“Bob has been both a strong mentor and a good friend,” commented Mr. Wilson. “I am deeply indebted to Bob for his guidance and leadership.”