Cindy Hoots
On May 19, 2026, the Board of the McCormick & Company, Incorporated (the “Company”) appointed Cindy Hoots to the Board of the Company with effect from June 1, 2026
Highest-materiality recent filing
McCormick secures $2B term loan for Unilever foods acquisition; 3-year maturity, floating rate
Borrows up to $2.0B under term loan facility; Citibank, Goldman Sachs, Morgan Stanley as arrangers.
Andrew Foust transitions from President Americas to Chief Integration Officer for McCormick's combination with Unilever PLC's foods business.
McCormick agrees to acquire Unilever Foods; Unilever shareholders to own ~55% of combined company
Transaction structured as Reverse Morris Trust: Unilever spins off Foods business into SpinCo, then merges into McCormick.
Unilever will spin off foods business into SpinCo, then merge into McCormick; existing MKC shareholders retain ~35%.
McCormick Q1: adj. EPS $0.66 (+10%); net sales +16.7% on Mexico acquisition; FY outlook reaffirmed
Net sales +16.7% to $1.87B; organic sales +1.2%; McCormick de Mexico acquisition contributed 12.4%.
McCormick reports FY2025 adj. EPS $3.00, raises dividend 7%, guides FY2026 EPS $3.05-$3.13
Q4 adj. EPS $0.86 vs $0.80 YoY; FY2025 adj. EPS $3.00 vs $2.95; reported EPS $2.93.
McCormick completes $750M acquisition of controlling 75% stake in McCormick de Mexico
Increased ownership from 50% to 75% by acquiring 25% from Grupo Herdez for $750 million.
McCormick Q3 adjusted EPS $0.85 (+2.4% YoY); cuts FY2025 profit outlook on tariffs, commodity costs
Net sales +3% to $1.725B; organic +2% volume-led; Consumer segment net sales +4% to $973M.
McCormick to acquire 25% stake in McCormick de Mexico for $750M, raising ownership to 75%
Acquires additional 25% interest in McCormick de Mexico from Grupo Herdez for $750M, increasing ownership to 75%.
McCormick Q2: adj EPS $0.69 flat YoY, volume-led sales growth, reaffirms FY2025 outlook
Net sales +1% to $1.66B, organic +2% driven by volume; Consumer segment +3%, Flavor Solutions flat.
On May 19, 2026, the Board of the McCormick & Company, Incorporated (the “Company”) appointed Cindy Hoots to the Board of the Company with effect from June 1, 2026
Max materiality 1.00 · Median 0.60 · Most common event earnings