People: McCormick & Company Inc (MKC)

MKC on New York Consolidated

72.98USD
17 Dec 2014
Price Change (% chg)

$1.10 (+1.53%)
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$71.88
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Volume
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$74.75
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Summary

Name Age Since Current Position

Alan Wilson

56 2009 Chairman of the Board, President, Chief Executive Officer

Gordon Stetz

53 2011 Chief Financial Officer, Executive Vice President, Director

Brendan Foley

2014 President - U.S. Consumer

Michael Smith

2014 Senior Vice President Finance - Capital Markets & Chief Financial Officer, North America

Lawrence Kurzius

55 2013 Chief Administrative Officer, President - Global Consumer Business

Jeffery Schwartz

2014 Vice President, General Counsel and Corporate Secretary

Michael Mangan

57 2009 Lead Independent Director

John Bilbrey

57 2005 Independent Director

J. Michael Fitzpatrick

67 2001 Independent Director

Freeman Hrabowski

63 1997 Independent Director

Patricia Little

53 2010 Independent Director

Margaret Preston

56 2003 Independent Director

William Stevens

71 1988 Independent Director

Jacques Tapiero

55 2012 Independent Director

Joyce Brooks

Vice President - Investor Relations

Biographies

Name Description

Alan Wilson

Mr. Alan D. Wilson is Chairman of the Board, President, Chief Executive Officer of McCormick & Company Inc. Mr. Wilson serves as the Chairman (since 2009), President (since 2007), and Chief Executive Officer (since 2008) of McCormick. He has also served in a variety of other roles with the Company, thereby gaining an understanding of the different aspects of the Company’s operations and the food industry. Prior to assuming his present duties, Mr. Wilson was (a) responsible for the Company’s supply chain (1993 to 1996), (b) President of the Company’s Tubed Products’ plastic tubes business (1996 to 1998), which was sold in 2003, (c) President of the McCormick Canada consumer and industrial products business (from 1998 to 2001), (d) Vice President and General Manager – Sales & Marketing of the Company’s U.S. Consumer Products Division (from 2001 to 2003), (e) President of the Company’s U.S. Consumer Foods group (2003 to 2005), and (f) President of the Company’s North American Consumer Foods group and Supply Chain (from 2005 to 2006). Prior to joining McCormick, Mr. Wilson worked for nine years at Procter & Gamble. In these various roles, Mr. Wilson developed a broad knowledge of the Company’s markets – both domestic and foreign, and consumer and industrial - and had senior level responsibility for strategic planning and leadership with respect to these businesses. In his present role, Mr. Wilson is responsible for the strategic leadership of the Company.

Gordon Stetz

Mr. Gordon M. Stetz, Jr., is Chief Financial Officer, Executive Vice President, Director of McCormick & Company Inc. He became Director of the Company on January 25, 2011. He has been Executive Vice President & Chief Financial Officer of the Company since since 2007. In that role, Mr. Stetz has oversight responsibility for all aspects of the finance function, including financial reporting, accounting, internal controls and financial systems, the identification of enterprise risks, capital planning, and the performance of the organization’s public accountants. He has also served in a variety of other roles within the Company, thereby gaining an understanding of the different facets of the Company’s operations and the food industry generally. Prior to assuming his present duties, Mr. Stetz was (a) Vice President–Acquisitions and Financial Planning (1998 to 2002), (b) Vice President – Finance and Administration at the Company’s U.S. Consumer Products Division (2002 to 2005), and (c) Chief Financial Officer & Vice President–Finance for the Europe, Middle East, and Africa region (2005 to 2007). In these various roles, Mr. Stetz developed a broad knowledge of the Company’s business, markets and customers – both in the United States and internationally.

Brendan Foley

Mr. Brendan Foley has been appointed as President - U.S. Consumer of the company., effective June 2, 2014. Mr. Foley will have responsibility for Sales, Marketing, R&D, Finance, Manufacturing, Supply Chain and Human Resources for the business unit with iconic brands including McCormick, OLD BAY, Lawry's and Zatarain's. Foley comes to McCormick from H. J. Heinz, where he worked for more than 15 years. In his most recent role, he served as the Zone President for Heinz North America. He also served as President for the U.S. Consumer Products business at Heinz, as well as President of the U.S. Foodservice business and held leadership roles in marketing and brand management across a wide portfolio of products. Prior to joining Heinz, Mr. Foley worked in marketing for General Mills and Ketchum Advertising-Chicago. He holds a Bachelor of Science degree from Miami University of Ohio. He brings a tremendous amount of industry experience and a people oriented leadership style to McCormick. Mr. Foley will be an important driver of future growth for the Company.

Michael Smith

Mr. Michael R. Smith is Senior Vice President Finance - Capital Markets & Chief Financial Officer, North America pf McCormick & Company, Incorporated. In this role, Mr. Smith will have oversight of Investor Relations, Treasury and serve as the CFO of the newly formed North American Leadership Team. He will join the team in its focus on North American alignment and strategy for growth, performance and people. Joyce Brooks, Vice President of Investor Relations and Bob Conrad, Vice President Treasurer will report directly to Mr. Smith. Additionally, he will oversee the financial management of our U.S. Consumer, U.S. Industrial and Canadian Business Units. Laird Creighton, Vice President Finance & Administration for U.S. Consumer, Tony Imbraguglio, Vice President Finance & Strategic Planning for U.S. Industrial and Andrew Johnston, Vice President Finance & CFO for Canada. Mr. Smith joined McCormick in 1991 and has held multiple roles of increasing responsibility, including the Director of Corporate Accounting, Vice President of Finance for U.S. Industrial, Vice President of Finance and Administration for U.S. Consumer, Vice President Treasury & Investor Relations and most recently, CFO and Vice President Finance Europe, Middle East and Africa. Prior to McCormick, Mr. Smith began his career in public accounting with Coopers & Lybrand. He is a CPA and earned a BBA Accountancy from the University of Notre Dame. Additionally, Mr. Smith served as an Executive Multiple Management Board (MMB) sponsor and Regional MMB mentor. Mr. Smith's leadership and contributions will be important to McCormick's future growth.

Lawrence Kurzius

Mr. Lawrence E. Kurzius has been appointed as the Chief Administrative Officer, President - Global Consumer Business of McCormick & Company Inc., effective July 1, 2013. He joined McCormick in 2003 with the acquisition of Zatarain's, where he was President and CEO. He has also served as President of the US Consumer Products business, and President of Europe, Middle East and Africa (EMEA). Prior to joining Zatarain's, Mr. Kurzius was a marketing executive with the Quaker Oats Company and Mars Inc.'s Uncle Ben's Company. Mr. Kurzius graduated magna cum laude from Princeton University with a degree in economics. He is a trustee of Jacksonville University and a director of the Baltimore Council on Foreign Affairs. He is a former director of the Federal Reserve Bank of Atlanta'sNew Orleans Branch.

Jeffery Schwartz

Jeffery D. Schwartz is Vice President, General Counsel and Corporate Secretary of Company., effective December 1, 2014. Mr. Schwartz joined McCormick in 2008 and became Associate General Counsel in 2011. Prior to McCormick, he worked in private practice for the law firms of Jones Day and Akin, Gump, Strauss, Hauer and Feld where he gained valuable legal experience in Washington DC and Moscow, Russia. Mr. Schwartz earned his Bachelor's degree in Mechanical Engineering from North Dakota State University, an MBA from the University of Wisconsin-LaCrosse and his law degree from American University's Washington College of Law. Mr. Schwartz has been heavily involved in McCormick's Mergers and Acquisitions work for the past six years with important roles in the Kamis S.A., Eastern Condiments Private Ltd., Koohinoor Foods Ltd. and Wuhan Asia-Pacific Condiments Co. Ltd. acquisitions. He also serves as the Secretary for the Audit Committee and works closely with our Technical and Engineering teams on McCormick patents. Mr. Schwartz is an Emeritus member of the Global Multiple Management Board (MMB), McCormick's acclaimed professional development program.

Michael Mangan

Mr. Michael D. Mangan is Lead Independent Director of McCormick & Company Inc. Mr. Mangan served as the President of the Worldwide Power Tools and Accessories (WPTA) group of The Black & Decker Corporation until its acquisition in 2010 by The Stanley Works. In that role he provided strategic leadership of the WPTA group, and had oversight over the consumer marketing activities of that group in the international consumer marketplace. Service as President of the WPTA group, and past service as the Chief Financial Officer of The Black & Decker Corporation, broadened Mr. Mangan’s international experience and provided an understanding of the company’s key international markets. Service as the Chief Financial Officer of The Black & Decker Corporation, and prior service as the Executive Vice President & Chief Financial Officer of The Ryland Group, Inc., included responsibilities for overseeing the performance of those companies’ public accountants in the preparation, auditing and evaluation of financial statements, business planning, corporate finance and investments, internal controls, and information systems. The McCormick Board of Directors has determined that Mr. Mangan is an “audit committee financial expert” under the rules of the SEC.

John Bilbrey

Mr. John P. Bilbrey is an Independent Director of McCormick & Company Inc. Mr. Bilbrey currently serves as President and Chief Executive Officer of The Hershey Company, which is a publicly traded multinational company. He previously served as the Executive Vice President and Chief Operating Officer of that company from 2010 to 2011; as the President of Hershey North America (from 2007 to 2010); and as President of Hershey International (from 2003 to 2007). Mr. Bilbrey has over 34 years of consumer products marketing experience, both domestically and internationally, including past service with Procter & Gamble, Mission Foods, and Groupe Danone. He previously lived and worked outside the United States (including the Middle East, North Africa, and Asia), for over 8 years, and his business responsibilities have taken him to over 50 countries.

J. Michael Fitzpatrick

Dr. J. Michael Fitzpatrick is an Independent Director of McCormick & Company Inc. Dr. Fitzpatrick currently serves as a director of Hilex Poly Co. LLC, a privately held company. He was formerly the Chairman and President of Citadel Plastics Holdings, Inc., a privately held company, and formerly served as the President and Chief Operating Officer at Rohm and Haas, which was a public multinational company until its acquisition by Dow Chemical, where he served for over 30 years. Dr. Fitzpatrick’s international experience with Rohm and Haas included service in marketing and business management roles in Brazil and Italy, service in general and regional management positions in Mexico and the United Kingdom, and global responsibility for various Rohm and Haas businesses from 1999 to 2005. He has experience both at Citadel Plastics and at Rohm and Haas in overseeing the performance of public accountants in the preparation, auditing and evaluation of financial statements, and has served as a member of the audit committee of the board of directors of Carpenter Technology Corporation. The McCormick Board of Directors has determined that Dr. Fitzpatrick is an “audit committee financial expert” under the rules of the SEC. Service with Rohm and Haas and Citadel Plastics has involved Dr. Fitzpatrick in over 45 acquisitions, dispositions, and joint ventures.

Freeman Hrabowski

Dr. Freeman A. Hrabowski, III, Ph.D., is an Independent Director of McCormick & Company Inc. Dr. Hrabowski has served as the President of the University of Maryland, Baltimore County (UMBC) since 1992, and his strategic leadership of that organization has been widely recognized. In 2008, he was named one of America’s Best Leaders by U.S. News & World Report, which in each of the last four years has ranked UMBC the number one “Up and Coming” university in the nation. In 2009, Time Magazine named him one of America’s 10 Best College Presidents, and, in 2012, named him as one of the Top 100 Most Influential People. In 2011, he received the Carnegie Corporation of New York’s Academic Leadership Award, recognized by many as being one of the nation’s highest awards among higher education leaders. His career has been devoted to education and to helping students become future leaders in science, technology, and engineering, with a special emphasis on minority and underrepresented groups. Dr. Hrabowski’s governmental experience includes working closely with the National Institutes of Health, the National Academy of Sciences, the National Science Foundation, and the U.S. Department of Education, as well as various agencies of the State of Maryland.

Patricia Little

Ms. Patricia A. Little is Independent Director of McCormick & Company Inc. Ms. Little’s current service as the Executive Vice President & Chief Financial Officer of Kelly Services, Inc. requires management of an internationally-based financial organization. Responsibilities include the oversight of internal controls and financial systems on an international basis, the identification of enterprise risks, the oversight of the performance of the organization’s public accountants in the preparation, auditing and evaluation of financial statements, and capital planning for Kelly Services. As Executive Vice President & Chief Financial Officer, she regularly interacts with the audit committee of the board of directors of that company. Ms. Little’s service at the Ford Motor Company as its general auditor included responsibilities for managing that company’s global internal audit function and required that Ms. Little identify and implement opportunities for cost savings and improved processes. As was true of her service with the Ford Motor Company, her position at Kelly Services requires travel to, and a detailed understanding of, her company’s international operations and the local legal and accounting requirements bearing on her area of oversight.

Margaret Preston

Ms. Margaret M. V. Preston is an Independent Director of McCormick & Company Inc. Ms. Preston’s past service as the Global Chief Financial Officer of Deutsche Bank, Private Wealth Management, and her current service as a Managing Director and Regional Executive of US Trust, Bank of America Private Wealth Management, has afforded to Ms. Preston the opportunity to provide financial oversight and strategic leadership and direction to those organizations. As Treasurer of Alex. Brown Incorporated, Ms. Preston provided direction in the development of a collateral management system for margin loan management, and her role at US Trust includes responsibility for the management of compliance and risk at the Private Wealth Management group for over $20 billion of assets under management at that organization. Ms. Preston has a well-developed experience in mergers and acquisitions, and the integration of acquired businesses, in consequence of her work, first at Alex. Brown as a Merger & Acquisition Manager, and subsequent work on the integration of the Bankers Trust Company and Alex. Brown businesses into Deutsche Bank, and the integration of Merrill Lynch operations into the Bank of America Private Wealth Management platform.

William Stevens

Mr. William E. Stevens is Independent Director of McCormick & Company Inc. Mr. Stevens’ business experience includes service as the President and Chief Operating Officer of Chromalloy American Corporation (1982 – 1985); Executive Vice President and Chief Financial Officer of The Black & Decker Corporation (1986 to 1988); President and Chief Executive Officer of United Industries Corp. (1989 to 1996); and service with private equity investment firms, including BBI Group where he has served as Chairman from 2000 to the present time. In these roles, he has had a broad exposure to international businesses, consumer products marketing, strategy formulation and implementation, and strategic restructuring turnarounds. At The Black & Decker Corporation, he provided financial oversight, and was responsible for financial reporting and the development and maintenance of internal controls. His experience in aligning executive compensation and incentives with organizational strategy and performance has been further refined through his service as Chair of the Compensation Committee of the Board of Directors at McCormick, and as a former member of the compensation committee of the board of directors at The Earthgrains Company.

Jacques Tapiero

Mr. Jacques Tapiero is Independent Director of McCormick & Company Inc. Mr. Tapiero serves as Senior Vice President and President, Emerging Markets of Eli Lilly and Company, the Indianapolis, Indiana-based global pharmaceutical company (2009 to present). He is also a member of the Executive Committee of that company. The Emerging Markets Business Unit is focused on many of the world’s fastest growing markets, such as China, Russia, Brazil, Mexico, South Korea and Turkey, and Mr. Tapiero is responsible for Lilly’s business in more than 70 countries. Prior to assuming his present duties, Mr. Tapiero held the position of President of the Intercontinental Region for Lilly, with operations in Asia, Australia, Africa, the Middle East, Canada, Latin America and Russia (2004 to 2009). He also served as President and General Manager of Lilly France (2000 to 2004); President and General Manager of Eli Lilly do Brasil Ltd (1995 to 1999); and Managing Director of Lilly Sweden (1993 to 1995). Mr. Tapiero joined Lilly in 1983 as a financial analyst, and has held several financial management, sales and marketing management positions in the United States, Switzerland and France. Mr. Tapiero is a member of the Thunderbird Global Council.

Joyce Brooks

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