McCormick & Co Inc. Announces Board and Executive Compensation Changes
Ticker: MKC-V · Form: 8-K · Filed: Nov 25, 2024 · CIK: 63754
| Field | Detail |
|---|---|
| Company | Mccormick & CO INC (MKC-V) |
| Form Type | 8-K |
| Filed Date | Nov 25, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-changes
Related Tickers: MKC
TL;DR
McCormick's board is shuffling, exec pay is changing. Watch this space.
AI Summary
McCormick & Co Inc. announced on November 19, 2024, changes in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and the election of new directors, alongside updates to compensatory plans for key executives.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing primarily concerns routine corporate governance and executive compensation matters, which typically carry a low inherent risk.
Key Players & Entities
- McCormick & Co Inc. (company) — Registrant
- November 19, 2024 (date) — Date of earliest event reported
FAQ
What specific roles have departed or been newly appointed within McCormick & Co Inc.'s executive team?
The filing indicates the departure of certain officers and the election of new directors, but does not specify the exact roles or names in this section.
What are the key changes in the compensatory arrangements for McCormick & Co Inc.'s officers?
The filing mentions updates to compensatory arrangements for certain officers, but the specific details of these changes are not provided in the initial summary.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this filing occurred on November 19, 2024.
What is the principal executive office address for McCormick & Co Inc.?
The principal executive offices are located at 24 Schilling Road, Hunt Valley, Maryland 21031.
Under which section of the Securities Exchange Act of 1934 is this 8-K report filed?
This report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 553 words · 2 min read · ~2 pages · Grade level 10.3 · Accepted 2024-11-25 08:19:39
Filing Documents
- mkc-20241119.htm (8-K) — 30KB
- brendanfoleytosucceedlaw.htm (EX-99.1) — 5KB
- brendanfoleytosucceedlaw001.jpg (GRAPHIC) — 221KB
- brendanfoleytosucceedlaw002.jpg (GRAPHIC) — 137KB
- 0000063754-24-000068.txt ( ) — 695KB
- mkc-20241119.xsd (EX-101.SCH) — 2KB
- mkc-20241119_def.xml (EX-101.DEF) — 16KB
- mkc-20241119_lab.xml (EX-101.LAB) — 28KB
- mkc-20241119_pre.xml (EX-101.PRE) — 16KB
- mkc-20241119_htm.xml (XML) — 4KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Press r elease dated November 25, 2024 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document). Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. McCORMICK & COMPANY, INCORPORATED November 25, 2024 By: /s/ Jeffery D. Schwartz Jeffery D. Schwartz Vice President, General Counsel & Secretary