McCormick Management
Management criteria checks 4/4
McCormick's CEO is Brendan Foley, appointed in Jun 2022, has a tenure of 1.58 years. total yearly compensation is $3.15M, comprised of 27% salary and 73% bonuses, including company stock and options. directly owns 0.034% of the company’s shares, worth MX$104.99M. The average tenure of the management team and the board of directors is 2.2 years and 8.8 years respectively.
Key information
Brendan Foley
Chief executive officer
US$3.2m
Total compensation
CEO salary percentage | 27.0% |
CEO tenure | 1.6yrs |
CEO ownership | 0.03% |
Management average tenure | 2.2yrs |
Board average tenure | 8.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Aug 31 2023 | n/a | n/a | US$647m |
May 31 2023 | n/a | n/a | US$700m |
Feb 28 2023 | n/a | n/a | US$666m |
Nov 30 2022 | US$3m | US$852k | US$682m |
Aug 31 2022 | n/a | n/a | US$694m |
May 31 2022 | n/a | n/a | US$683m |
Feb 28 2022 | n/a | n/a | US$748m |
Nov 30 2021 | US$4m | US$790k | US$755m |
Aug 31 2021 | n/a | n/a | US$759m |
May 31 2021 | n/a | n/a | US$752m |
Feb 28 2021 | n/a | n/a | US$765m |
Nov 30 2020 | US$7m | US$758k | US$747m |
Aug 31 2020 | n/a | n/a | US$760m |
May 31 2020 | n/a | n/a | US$746m |
Feb 29 2020 | n/a | n/a | US$699m |
Nov 30 2019 | US$4m | US$723k | US$703m |
Aug 31 2019 | n/a | n/a | US$703m |
May 31 2019 | n/a | n/a | US$685m |
Feb 28 2019 | n/a | n/a | US$659m |
Nov 30 2018 | US$6m | US$676k | US$933m |
Aug 31 2018 | n/a | n/a | US$895m |
May 31 2018 | n/a | n/a | US$830m |
Feb 28 2018 | n/a | n/a | US$807m |
Nov 30 2017 | US$3m | US$595k | US$477m |
Compensation vs Market: Brendan's total compensation ($USD3.15M) is below average for companies of similar size in the MX market ($USD5.72M).
Compensation vs Earnings: Brendan's compensation has been consistent with company performance over the past year.
CEO
Brendan Foley (57 yo)
1.6yrs
Tenure
US$3,154,603
Compensation
Mr. Brendan M. Foley serves as President of McCormick & Company, Incorporated since June 01, 2022 and serves as its Chief Executive Officer since September 1, 2023. He was Chief Operating Officer of McCorm...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairman of the Board | 8.2yrs | US$10.43m | 0.089% $ 270.7m | |
President | 1.6yrs | US$3.15m | 0.034% $ 105.0m | |
Executive VP & CFO | 7.3yrs | US$3.28m | 0.038% $ 117.2m | |
VP, General Counsel & Corporate Secretary | 9.1yrs | US$2.40m | 0.021% $ 63.2m | |
Vice President of Investor Relations | no data | no data | no data | |
Vice President of Corporate Communications | 13yrs | no data | no data | |
Chief Human Relations Officer | 1.1yrs | no data | 0.00037% $ 1.1m | |
Chief Growth Officer | less than a year | no data | 0.0010% $ 3.1m | |
President of Europe & Middle East and Africa (EMEA) | 2yrs | no data | 0.00093% $ 2.8m | |
President of Americas | no data | no data | 0.0011% $ 3.4m | |
VP & Treasurer | 12.2yrs | no data | no data | |
VP & Controller | 2.4yrs | no data | 0.00086% $ 2.6m |
2.2yrs
Average Tenure
57yo
Average Age
Experienced Management: MKC *'s management team is considered experienced (2.2 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairman of the Board | 8.2yrs | US$10.43m | 0.089% $ 270.7m | |
President | less than a year | US$3.15m | 0.034% $ 105.0m | |
Lead Independent Director | 17yrs | US$275.09k | 0.016% $ 49.4m | |
Independent Director | 27yrs | US$265.09k | 0.038% $ 115.2m | |
Independent Director | 7yrs | US$250.09k | 0.0035% $ 10.8m | |
Independent Director | 20.3yrs | US$250.09k | 0.039% $ 119.7m | |
Independent Director | 6.7yrs | US$270.09k | 0.0034% $ 10.5m | |
Independent Director | 11.3yrs | US$250.09k | 0.011% $ 32.9m | |
Independent Director | 13.7yrs | US$250.09k | 0.0092% $ 28.0m | |
Independent Director | 8.7yrs | US$270.09k | 0.0035% $ 10.6m | |
Independent Director | 9yrs | US$250.09k | 0.0052% $ 16.0m | |
Independent Director | 4yrs | US$250.09k | 0.0015% $ 4.5m |
8.8yrs
Average Tenure
65.5yo
Average Age
Experienced Board: MKC *'s board of directors are considered experienced (8.8 years average tenure).