BNET Industries
Market Cap:$4.2B
Last Fiscal Year Sales:$2.9B
- Public
- US
Dow Jones Description
McCormick is a global leader in the manufacture, marketing and distribution of spices, herbs, seasonings, specialty foods and flavors to the entire food industry. From our first products in 1889 to the innovative spices, seasonings and flavorings we now offer, McCormick has always brought our customers and consumers the best ingredients and expertise available. Through the years, our company has grown in accordance with certain core values and beliefs. We conduct our business ethically in a manner driven by our respect for our industry, our employees, our communities where we live and work and our environment. It is a recipe for success that has served us since 1889.
Chairman, President & CEO
Alan D. WilsonNumber of Employees 7,500
Peer Companies
NAICS Code Spice and Extract Manufacturing: 311942
Recent Events
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McCormick Q3 Profit Up, Tops View; Narrows FY09 EPS Forecast - Update
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McCormick Net Rises; 3Com Net Plunges 91%
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Reportlinker Adds Gluten-Free Food and Beverage Market: Trends and Developments Worldwide, 2nd Edition, The Report
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McCormick earnings drop to $50.7 million
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McCormick Q2 Profit Declines 5%, Yet Tops View By Penny; Reaffirms FY09 Outlook - Update
News & Analysis
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mccormick & co. inc. - All News and Analysis
Mccormick's Short Base Well Above Sector Average
Seeking Alpha
- 2009-09-25
Jessica Johnson submits: The short interest as measured by Percent Shares Outstanding On Loan for Mccormick & Co Inc MKC has risen 7.23% over the past week and now stands at 5.86%. This is down 2.4% from the 52 week high hit on September 18, 2009. When compared...
McCormick & Company, Incorporated Q3 2009 Earnings Call Transcript
Seeking Alpha
- 2009-09-24
Question-and-Answer Session Operator Operator Instructions Your first question comes from the line of Chris Growe - Stifel Nicolaus Chris Growe - Stifel Nicolaus I just had two questions for you, the first one just as I was looking at SG&A and it being down so...
McCormick & Company F2Q09 (Qtr End 5/31/09) Earnings Call Transcript
Seeking Alpha
- 2009-06-25
McCormick & Company, Incorporated MKC F2Q09 Earnings Call June 25, 2009 8:30 am ET
McCormick & Company F2Q09 (Qtr End 5/31/09) Earnings Call Transcript
Seeking Alpha
- 2009-06-25
Question-and-Answer Session Operator Operator Instructions Thank you. Our first question this morning is from the line of Eric [Sarota], Consumer Edge. Eric Sarota - Consumer Edge Good morning, guys. Hello? Operator It appears we’ve lost Mr. Sarota’s line, gentlemen. Our next question is from the line of...
McCormick: Spicy Returns from a Conservative Stock
Seeking Alpha
- 2009-04-30
Paul Price submits: McCormick & Company MKC April 28, 2009 close: $28.92 52-week range: $28.08 (Apr. 16, 2009) - $42.06 (Aug. 6, 2008) Dividend = $0.24 quarterly = 3.32% current yield McCormick is a leader in the manufacture, sales and distribution of spices, seasonings, flavorings etc. to both...
McCormick - Attractive Stock for Dividend Investors
Seeking Alpha
- 2009-03-30
David Van Knapp submits: Summary: McCormick MKC is a good company trading at a good price. It has a strong market position and is executing well. It has a current dividend yield of 3.3 percent, has raised its dividend for more than 20 years, and there is nothing on the...
McCormick & Company, Incorporated Q4 2008 Earnings Call Transcript
Seeking Alpha
- 2009-01-28
Question-and-Answer Session Operator Operator Instructions Your first question comes from the line of Ken Goldman – JPMorgan Ken Goldman – JPMorgan On your confidence level in the amount of pricing you’re going to get in currency this year and I’m wondering how much have you locked...
Dividend Increases: McCormick & Co. and Becton Dickinson
Seeking Alpha
- 2008-11-26
David I. Templeton submits: Both McCormick & Co. MKC and Becton Dickinson BDX announced increases in their quarterly dividends on Tuesday.McCormick & Co. by David I. Templeton
McCormick & Company, Incorporated F3Q08 (Qtr End 08/31/08) Earnings Call Transcript
Seeking Alpha
- 2008-09-25
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Jonathan Feeney – Wachovia Securities. Jonathan Feeney – Wachovia Securities Do you have a cross company volume number excluding Lawry’s, excluding acquisitions and divestitures? Gordon Stetz The total company volume for the quarter ?x’ acquisitions and divestitures was down about...
Food Makers Scrimp on Ingredients in an Effort to Fatten Profits
Seeking Alpha
- 2008-08-25
Trader Mark submits: In 2007 we wrote how food companies, in an effort to "trick" the masses, were keeping prices flat while reducing the size of their boxes. (No inflation that way, right?) Now from the Wall Street Journal, we see the next iteration of that - wholesale substitution or...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Charles T. Langmead | President, U S Indus Group |
| Erik Kurzius Lawrence | President, Europe, Middle |
| Lawrence E. Kurzius | President, International Operations |
| Malcolm Swift | President, Europe, Middle East and Africa |
| Mark T. Timbie | President, Consumer Food, North America |
| Francis A. Contino | Cfo & Executive Vice President, Strategic Planning |
| Gordon M. Stetz | Executive Vice President & Chief Financial Officer |
| Jeryl Wolfe | CIO & Vice President Supply Chain |
| Karen D. Weatherholtz | Senior Vice President |
| Robert W. Skelton | General Counsel, Secretary & Senior Vice President |
| Cecile K. Perich | Vice President, Hr |
| Joyce Brooks | Vice President Investor Relations |
| Kenneth H. Kelly | Vice President & Controller |
| W. Geoffrey Carpenter | Vice President, General Counsel & Secretary |
| Margaret M. Preston | Managing Director |
| John McCormick | Director, Corp Communications |
| Laurie Harrsen | Director, Consumer Comm |
| Andrew Foust | Assoc Product Manager |
| Dina Clark | Manager, Marketing |
| Kenneth A. Kelly | Senior Vice President & Controller |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Alan D. Wilson | Chairman, President & CEO |
| James T. Brady | Chairman |
| Barry H. Beracha | Board of Directors |
| Edward S. Dunn Jr. | Board of Directors |
| Freeman A. Hrabowski | Board of Directors |
| George A. Roche | Board of Directors |
| J. Michael Fitzpatrick | Board of Directors |
| John P. Bilbrey | Board of Directors |
| Joseph W. McGrath | Board of Directors |
| Michael D. Mangan | Board of Directors |
| Robert Davey | Board of Directors |
| Robert J. Lawless | Board of Directors |
| William E. Stevens | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | Chairman, President & CEO | Current |
| McCormick & Company, Incorporated | Director of Procurement | Current |
| Procter & Gamble | Former | |
| McCormick & Company, Incorporated | Board of Directors | Former |
| The University of Tennessee | BS Degree In Communications | Former |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | President, U S Indus Group | Current |
| McCormick & Company, Incorporated | Board of Directors | Current |
| Loyola College in Maryland | BA Degree In Business | Former |
| The Johns Hopkins University | Mas Degree | Former |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | President, Europe, Middle | Current |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | President, International Operations | Current |
| McCormick & Company, Incorporated | Board of Directors | Current |
| Zatarain's Brands, Inc. | Chief Executive Officer | Former |
| Zatarain's Brands, Inc. | President | Former |
| Princeton University | Former |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | President, Europe, Middle East and Africa | Current |
| McCormick & Company, Incorporated | Vice President, Consumer Group , Europe, Middle East and Africa | Former |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | President, Consumer Food, North America | Current |
| McCormick & Company, Incorporated | Board of Directors | Current |
| Columbia University | MBA Degree | Former |
| Rutgers University | BS Degree | Former |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | Cfo & Executive Vice President, Strategic Planning | Current |
| McCormick & Company, Incorporated | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | Executive Vice President & Chief Financial Officer | Current |
| Phi Beta Kappa | Board of Directors | Current |
| Macpa | Board of Directors | Current |
| McCormick & Company, Incorporated | Board of Directors | Current |
| Beta Gamma Sigma | Board of Directors | Current |
| Port Discovery | Board of Directors | Current |
| University of Michigan | MBA | Former |
| Bucknell University | Former |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | CIO & Vice President Supply Chain | Current |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | Senior Vice President | Current |
| McCormick & Company, Incorporated | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | General Counsel, Secretary & Senior Vice President | Current |
| McCormick & Company, Incorporated | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | Vice President, Hr | Current |
| McCormick & Company, Incorporated | Board of Directors | Current |
| The Johns Hopkins University | MBA | Former |
| Indiana University of Pennsylvania | BS Degree In Education | Former |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | Vice President Investor Relations | Current |
| McCormick & Company, Incorporated | Assistant Treasurer | Former |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | Vice President & Controller | Current |
| McCormick & Company, Incorporated | Board of Directors | Current |
Geoff Carpenter is Vice President, General Counsel and Secretary. Mr. Carpenter was appointed to his current position in December 2008. After joining the Company's Legal staff in 1984, Mr. Carpenter became Associate General Counsel and Associate Secretary in 1996. He is an Emeritus member of McCormick's Multiple Management Board. Born in Frankfurt, Germany, Mr. Carpenter is a graduate of Duke University, received his law degree from The University of Virginia and an MBA from The Johns Hopkins University.
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | Vice President, General Counsel & Secretary | Current |
| McCormick & Company, Incorporated | Board of Directors | Current |
| McCormick & Company, Incorporated | Assoc General Counsel & Assistant Secretary | Former |
| Duke University | Former |
Margaret M.V. Preston is a Managing Director and Market Executive with US Trust, Bank of America Private Wealth Management an affiliate of Bank of America Corporation and a commercial relationship exists between Bank of America Corporation and McCormick. However, the Board has determined that the commercial relationship is not material for the following reasons: (1) McCormick has no commercial relationship with Bank of America Private Wealth Management; (2) the payments made by McCormick to Bank of America Corporation and its affiliates are substantially less than 2% of the consolidated gross revenues of Bank of America Corporation; (3) Ms. Preston is not an officer of Bank of America Corporation and does not participate in the negotiation of the commercial transactions on behalf of Bank of America Corporation; and (4) the services provided by Bank of America Corporation to McCormick are readily available from other banking institutions. For these reasons, the Board has concluded that Mr. Bilbrey and Ms. Preston have no direct or indirect material relationship with McCormick that would preclude a determination of independence.
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | Managing Director | Current |
| McCormick & Company, Incorporated | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | Director, Corp Communications | Current |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | Director, Consumer Comm | Current |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | Assoc Product Manager | Current |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | Manager, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | Senior Vice President & Controller | Current |
| Maryland Association of Cpas, Inc. | Board of Directors | Current |
| Loyola College in Maryland | MBA | Former |
| Loyola College in Maryland | BA Degree In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| The Pepsi Bottling Group, Inc. | Board of Directors | Current |
| McCormick & Company, Incorporated | Board of Directors | Current |
| Earthgrains | CEO | Former |
| Sara Lee Bakery Group | Chief Executive Officer | Former |
| Sara Lee Corporation | President | Former |
| Sara Lee Corporation | Executive Vice President | Former |
| Sara Lee Bakery Group | Officer | Former |
| Metal Container Corporation | Chairman | Former |
| Earthgrains | Chairman | Former |
| Saint Louis University | Chairman of the Board | Former |
| The Pepsi Bottling Group, Inc. | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| McCormick & Company, Incorporated | Board of Directors | Current |
Executive News
-
McCormick earnings drop to $50.7 million
-
McCormick & Company Q2 net income down
-
BRIEF: McCormick reports second quarter earnings drop
-
McCormick Q2 Profit Declines 5%, Yet Tops View By Penny; Reaffirms FY09 Outlook - Update
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Glass Door
McCormick & Company
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