{"schema_version":"secwatch.filing_event.v1","accession":"0000063754-23-000027","form_type":"8-K","ticker":"MKC","cik":"0000063754","company_name":"MCCORMICK & CO INC","filed_at":"2023-06-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.927030+00:00","generated_at":"2026-06-13T15:50:25.890816+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"McCormick appoints Brendan Foley as CEO effective Sept 1, 2023; Kurzius becomes Executive Chairman","bullets":["Brendan Foley promoted to President & CEO, effective Sept 1, 2023; elected to Board immediately.","Lawrence Kurzius steps down as CEO but continues as Executive Chairman; comp unchanged through Nov 30, then $1.25M base, no bonus.","Foley base salary $1.1M, target bonus 150% of base (max 300%); to participate in long-term equity plan.","Under Kurzius, sales grew >50%, market cap >2x, acquisitions of Frank's RedHot, French's, Cholula, FONA."],"urls":{"canonical":"https://secwatch.observer/filing/0000063754-23-000027","json":"https://secwatch.observer/filing/0000063754-23-000027.json","markdown":"https://secwatch.observer/filing/0000063754-23-000027.md","text":"https://secwatch.observer/filing/0000063754-23-000027.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/63754/000006375423000027/0000063754-23-000027-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/63754/000006375423000027/mkc-20230627.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T15:50:25.890816+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"202d9aa87e","claim":"Brendan M. Foley was elected as director at MCCORMICK & CO INC.","evidence_excerpt":"In addition, on June 27, 2023, the Board voted to increase its size from eleven to twelve members and elected Mr. Foley as a director with immediate effect.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/63754/000006375423000027/0000063754-23-000027-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"director"}],"fact_type":"executive_change"},{"claim_id":"7b0d1bf5e9","claim":"Brendan M. Foley was appointed as President and Chief Executive Officer at MCCORMICK & CO INC.","evidence_excerpt":"On June 27, 2023, the Board of Directors (the “Board”) of McCormick & Company, Incorporated (“McCormick”) appointed Brendan M. Foley as President and Chief Executive Officer of McCormick effective September 1, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/63754/000006375423000027/0000063754-23-000027-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"b0c33e1962","claim":"Lawrence E. Kurzius changed role as Executive Chairman of the Board at MCCORMICK & CO INC.","evidence_excerpt":"Mr. Foley will replace Lawrence E. Kurzius who will step down from his role as Chief Executive Officer effective September 1, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/63754/000006375423000027/0000063754-23-000027-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"stepped down as CEO, will continue as Executive Chairman"},{"label":"Role","value":"Executive Chairman of the Board"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}