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McCormick & Company Names Brendan Foley as President and Chief Executive Officer; Michael D. Mangan and Lawrence E. Kurzius Comment

McCormick & Company Names Brendan Foley as President and Chief Executive Officer; Michael D. Mangan and Lawrence E. Kurzius Comment


HUNT VALLEY, MD
Friday, June 30th, 2023

Did someone say new CEO? McCormick & Company did, announcing that Brendan Foley has been promoted to Chief Executive Officer, effective September 1. Foley was also elected to the Board of Directors, effective immediately.

Brendan Foley, Incoming President and Chief Executive Officer, McCormick & Company"I'd like to personally thank Lawrence [E. Kurzius] for his mentorship and continued service to McCormick," said Foley. "I am truly honored and excited about the opportunity to lead this great company with its rich and very promising future. As a global leader in flavor, we are well-positioned to drive growth and shareholder value by meeting the growing global demand for high-quality, sustainable, healthy, and delicious products. Ensuring McCormick remains a great place to work and grow for our employees and maintaining our performance continuity are top priorities."

Foley has been a key leader for McCormick for over nine years, serving as a member of the Management Committee, the company's highest executive leadership team, since 2015, a press release explained. His prior roles include President, U.S. Consumer; President, North America; President, Global Consumer, Americas, and Asia; and most recently, President and Chief Operating Officer. During his tenure, he led the successful integration of McCormick's recent acquisitions, as well as the realignment of its Americas region to deliver scale, drive significant cost reductions, and increase commercial focus on growth and innovation.

Brendan Foley has been promoted to Chief Executive Officer of McCormick & Company, effective September 1

Current Chairman and CEO Lawrence E. Kurzius will continue to serve as Executive Chairman of the Board.

Lawrence E. Kurzius, Executive Chairman, McCormick & Company"At McCormick, we are the flavor category leader from end-to-end for our customers and consumers, and I am extremely proud of what we've accomplished," said Kurzius. "This required a true team effort; our management team is comprised of the best talent in the industry, and I am particularly excited to see my successor Brendan Foley leading the business forward. With his passion for McCormick and elevation of our commercial growth plans and execution, Brendan has a proven track record of delivering results as a leader. Moreover, he understands the importance of continuing our growth while ensuring we do the right things for people, communities, and the planet. Under Brendan's leadership, I am confident McCormick will build upon our success, and I look forward to supporting our future growth in my role as Chairman."

More information on this strategic transition is available here.

And more industry news is on the way to the pages of DMN!

McCormick & Company
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