Lawrence Erik Kurzius net worth and biography

Lawrence Kurzius Biography and Net Worth

Lawrence Kurzius is Chairman, President, and CEO of McCormick & Company. Since joining McCormick in 2003, Mr. Kurzius has held many executive management roles, including: President – U.S. Consumer Foods; President – Europe, Middle East and Africa; President - International Businesses; President – Global Consumer and Chief Administrative Officer; and President and Chief Operating Officer. Mr. Kurzius was promoted to CEO in February 2016. He was also elected to the company’s Board of Directors in November 2015 and Chairman of the Board in 2016.

Mr. Kurzius joined McCormick through the acquisition of Zatarain’s, where he spent 12 years and was President and CEO. Prior to his work at Zatarain’s, he also served as 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 Bachelor of Science degree in Economics.

Mr. Kurzius serves on the boards of multiple industry and not-for-profit groups, including: The Business Round Table, Consumer Brands Association, Consumer Goods Forum, The National Association of Manufacturers, the Greater Baltimore Committee, and the National Sporting Library & Museum. He is also a member of the Board of Directors of Elanco Animal Health, Inc.

What is Lawrence Erik Kurzius' net worth?

The estimated net worth of Lawrence Erik Kurzius is at least $9.81 million as of October 30th, 2018. Mr. Kurzius owns 114,459 shares of McCormick & Company, Incorporated stock worth more than $9,812,570 as of December 2nd. This net worth evaluation does not reflect any other assets that Mr. Kurzius may own. Additionally, Mr. Kurzius receives a salary of $4,620,000.00 as CEO at McCormick & Company, Incorporated. Learn More about Lawrence Erik Kurzius' net worth.

How old is Lawrence Erik Kurzius?

Mr. Kurzius is currently 64 years old. There are 5 older executives and no younger executives at McCormick & Company, Incorporated. Learn More on Lawrence Erik Kurzius' age.

What is Lawrence Erik Kurzius' salary?

As the CEO of McCormick & Company, Incorporated, Mr. Kurzius earned a total compensation package of $12,718,656.00 in 2021. Mr. Kurzius earned a salary of $1,250,000.00, stock awards of $4,050,045.00, options awards of $4,050,014.00, non-equity compensation of $2,751,229.00, and other compensation of $617,368.00. Learn More on Lawrence Erik Kurzius' salary.

How do I contact Lawrence Erik Kurzius?

The corporate mailing address for Mr. Kurzius and other McCormick & Company, Incorporated executives is 24 Schilling Road Suite 1, Hunt Valley MD, 21031. McCormick & Company, Incorporated can also be reached via phone at (410) 771-7301 and via email at [email protected] Learn More on Lawrence Erik Kurzius' contact information.

Has Lawrence Erik Kurzius been buying or selling shares of McCormick & Company, Incorporated?

Within the last three months, Lawrence Erik Kurzius has sold $372,050.00 in McCormick & Company, Incorporated stock. Most recently, Lawrence Erik Kurzius sold 5,000 shares of the business's stock in a transaction on Monday, October 24th. The shares were sold at an average price of $74.41, for a transaction totalling $372,050.00. Learn More on Lawrence Erik Kurzius' trading history.

Who are McCormick & Company, Incorporated's active insiders?

McCormick & Company, Incorporated's insider roster includes Brendan Foley (Insider), Freeman Hrabowski, III (Director), Lawrence Kurzius (CEO), Patricia Little (Director), Michael Mangan (Director), Lisa Manzone (VP), Maritza Montiel (Director), Margaret Preston (Director), Michael Smith (CFO), Malcolm Swift (Insider), and Jacques Tapiero (Director). Learn More on McCormick & Company, Incorporated's active insiders.

Are insiders buying or selling shares of McCormick & Company, Incorporated?

In the last twelve months, insiders at the sold shares 9 times. They sold a total of 215,160 shares worth more than $21,042,790.00. The most recent insider tranaction occured on November, 10th when Director Michael D Mangan sold 5,000 shares worth more than $410,000.00. Insiders at McCormick & Company, Incorporated own 15.9 % of the company. Learn More about insider trades at McCormick & Company, Incorporated.

Information on this page was last updated on 11/10/2022.

Lawrence Erik Kurzius Insider Trading History at McCormick & Company, Incorporated

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
10/24/2022Sell5,000$74.41$372,050.00View SEC Filing Icon  
1/31/2022Sell90,000$100.09$9,008,100.00View SEC Filing Icon  
1/28/2022Sell8,400$98.00$823,200.00View SEC Filing Icon  
10/30/2018Sell51,300$142.01$7,285,113.00114,459View SEC Filing Icon  
8/18/2014Sell65,300$69.01$4,506,353.00View SEC Filing Icon  
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Lawrence Erik Kurzius Buying and Selling Activity at McCormick & Company, Incorporated

This chart shows Lawrence Erik Kurzius's buying and selling at McCormick & Company, Incorporated by year and by quarter.

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McCormick & Company, Incorporated Company Overview

McCormick & Company, Incorporated logo
McCormick & Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates in two segments, Consumer and Flavor Solutions. The Consumer segment offers spices, herbs, and seasonings, as well as condiments and sauces, and desserts. This segment markets its products under the McCormick, French's, Frank's RedHot, Lawry's Cholula Hot Sauce, Gourmet Garden, Club House, and OLD BAY brands in the Americas; Ducros, Schwartz, Kamis, and Drogheria & Alimentari, and Vahiné brands in Europe, the Middle East, and Africa; McCormick and DaQiao brands in China; and McCormick, Aeroplane, and Gourmet Garden brands in Australia, as well as markets regional and ethnic brands, such as Zatarain's, Stubb's, Thai Kitchen, and Simply Asia. It also supplies its products under the private labels. This segment serves retailers comprising grocery, mass merchandise, warehouse clubs, discount and drug stores, and e-commerce retailers directly and indirectly through distributors and wholesale foodservice suppliers. The Flavor Solutions segment offers seasoning blends, spices and herbs, condiments, coating systems, and compound flavors to multinational food manufacturers and foodservice customers. It serves foodservice customers directly and indirectly through distributors. The company was founded in 1889 and is headquartered in Hunt Valley, Maryland.
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Today's Range

Now: $85.73
Low: $84.98
High: $86.53

50 Day Range

MA: $78.20
Low: $71.27
High: $86.12

2 Week Range

Now: $85.73
Low: $71.19
High: $107.35

Volume

1,171,098 shs

Average Volume

1,349,137 shs

Market Capitalization

$22.99 billion

P/E Ratio

33.49

Dividend Yield

1.74%

Beta

0.6