McCormick & Co appoints new directors, reports $6.7B sales

By Chris Stiles • Thursday, January 22 04:14 • Permanent Link

McCormick & Company, a global leader in flavor, has announced the appointment of Gavin Hattersley and Rick Dierker to its Board of Directors. Hattersley, the retired President and CEO of Molson Coors Beverage Company, brings over 35 years of leadership experience in the global consumer packaged goods and beverage industries. Dierker, the President and CEO of Church & Dwight Co., Inc., a leading consumer products company with $6.1 billion in annual revenue, has extensive experience in corporate finance, operations, and strategic leadership.

The company also announced the retirement of two long-serving directors, Tony Vernon and Maritza Montiel, who will not stand for election at the Annual Meeting of Stockholders in April 2026.

In financial terms, McCormick & Company reported annual sales of over $6.7 billion across 150 countries and territories. The company operates in two segments, Consumer and Flavor Solutions, and its most popular brands include McCormick, French’s, Frank’s RedHot, Stubb’s, and OLD BAY, among others.

The appointments of Hattersley and Dierker reflect McCormick’s ongoing board refreshment process, aiming to maintain a balanced mix of skills, experiences, and perspectives aligned with its strategic priorities and governance practices. This move comes as the company continues to advance its global leadership in flavor and execute its long-term strategy. Following these announcements, the company's shares moved -2.42%, and are now trading at a price of $67.04. Check out the company's full 8-K submission here.

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