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    Brendan M. Foley

    Chairman, President, and CEO at McCormick & Company Inc
    Board
    Since January 1, 2025
    Age
    59 years
    Tenure
    Joined MKC in 2014 and advanced through roles including President of U.S. Consumer Foods, North America, Global Consumer and Americas, Global Consumer, Americas & Asia, then served as President/COO, later President and CEO from September 2023 to December 2024 before assuming the role of Chairman, President, and CEO in January 2025.

    Also at McCormick & Company Inc

    JDS
    Jeffery D. Schwartz
    Vice President, General Counsel & Secretary

    About

    Brendan M. Foley has established a distinguished career in the food industry, demonstrating progressive leadership at MKC over more than a decade. He initiated his journey at the company in 2014 and quickly rose through the ranks, taking on multiple key roles that underscored his ability to drive strategic initiatives and operational excellence.

    In his varied roles, he managed critical functions across consumer divisions in North America, the Americas, and Asia, reflecting a breadth of expertise in both domestic and international markets. His work involved steering the business through complex market dynamics and contributing significantly to MKC’s strategic growth.

    Recently, after serving as President and CEO, he transitioned to the role of Chairman, President, and CEO in January 2025, where he continues to shape the company’s long-term strategy and global leadership. Despite a limited public record of his educational background and personal details, his professional achievements offer a comprehensive view of his commitment to the company’s success.

    $MKC Performance Under Brendan M. Foley

    Past Roles

    Organization Role Date Range Details
    McCormick & Company President and Chief Executive Officer September 2023 to December 2024 N/A
    McCormick & Company Chief Operating Officer and President 2022 to 2023 N/A
    McCormick & Company President, Global Consumer, Americas & Asia 2020 to 2022 N/A
    McCormick & Company President, Global Consumer and Americas 2017 to 2020 N/A
    McCormick & Company President, Global Consumer and North America 2016 to 2017 N/A
    McCormick & Company President, North America 2015 to 2016 N/A
    McCormick & Company President, U.S. Consumer Foods Division 2014 to 2015 N/A
    H.J. Heinz Co. President, North American Zone 2013 to 2014 N/A
    H.J. Heinz Co. President, U.S. Consumer Products 2012 to 2013 N/A
    H.J. Heinz Co. President, U.S. Food Service 2008 to 2012 N/A

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$1,100,000 AnnualEffective September 1, 2023; unchanged for 2024
    Executive Auto Allowance$22,846 AnnualN/A
    Executive Benefit Allowance$17,654 AnnualN/A
    Executive Financial Counseling Program$16,402 AnnualN/A
    Excess Liability Policy (Annual Premiums)$1,069 AnnualN/A
    Employer Matching Funds under McCormick 401(k) Plan$17,250 AnnualN/A
    Company Contributions to Deferred Compensation Accounts$200,162 AnnualIncludes match into the Non-Qualified Retirement Savings Plan of $125,895 and a Profit Sharing component of $74,268
    Profit Sharing$84,618 AnnualN/A

    Performance Compensation

    Data from  FY 2024

    Annual Incentive Opportunity

    MetricValueDetails
    Base Salary$1,100,000 Effective April 1, 2024
    Target Incentive150% of Base Salary ($1,650,000) Incentive based on pre-set performance metrics
    Threshold30% of Target ($495,000) Minimum performance requirement
    Maximum200% of Target ($3,300,000) Cap on incentive payout

    Performance Metrics & Weightings

    Performance MetricWeightDetails
    Adjusted EPS70% Calculated on a constant currency basis; approximately 0.3% higher growth
    Global McCormick Profit21% Measures global profitability
    Global Sales Volume Growth4.5% Focused on growth in sales volume
    Global Net Sales4.5% Measures overall net sales growth

    Equity Awards

    ComponentValueVesting ScheduleAdditional Details
    Stock Options199,894 options Ratably over 3 years (2024-2026) Exercise Price: $76.03 per share ; Grant Date: March 27, 2024
    PSUsThreshold: 14,401, Target: 57,604, Maximum: 172,812 shares Performance cycle FY2024-FY2026 Grant Date Fair Value: $3,750,020 ; Grant Date (PSUs): December 1, 2023