Michael R. Smith, insider at McCormick & Company, Incorporated

Michael R. Smith Insider Information

Provided by Tagnifi.

Mike Smith is Executive Vice President and Chief Financial Officer of McCormick & Company, Inc. In this role, he leads Controllership, Financial Accounting and Reporting, Tax, Treasury, Investor Relations, Financial Planning and Analysis, Global Business Improvement, Corporate Development, Risk and Internal Audit for the company. He is also a member of McCormick’s Management Committee and Investment Committee.

 

Mr. Smith joined McCormick in 1991 and assumed his current role in 2016. Previously, he served as Senior Vice President Corporate Finance, Senior Vice President Capital Markets & Chief Financial Officer for North America, Chief Financial Officer and Vice President Finance for EMEA, Vice President Treasury and Investor Relations, Vice President Finance and Administration for U.S. Consumer Products, Vice President Finance for the U.S. Industrial Group, Director of Corporate Accounting, Corporate Financial Planning Manager and Plant Controller for McCormick’s Hunt Valley, Md.-based manufacturing facility.

Prior to joining McCormick, Mr. Smith began his career in public accounting at Coopers and Lybrand.

Mr. Smith graduated summa cum laude from the University of Notre Dame with a BBA degree in Accountancy. He is a CPA and a member of the American Institute of Certified Public Accountants and the Maryland Association of Certified Public Accountants.

He serves on the boards of several not-for-profit groups, including Catholic Charities of the Archdiocese of Baltimore and the University of Maryland St. Joseph Medical Center. He is also a member of the Board of Directors of MillerKnoll, Inc.

What is Michael R. Smith's net worth?

The estimated net worth of Michael R. Smith is at least $8.60 million as of April 20th, 2022. Mr. Smith owns 93,025 shares of McCormick & Company, Incorporated stock worth more than $8,602,022 as of August 17th. This net worth estimate does not reflect any other assets that Mr. Smith may own. Additionally, Mr. Smith receives an annual salary of $1,980,000.00 as CFO at McCormick & Company, Incorporated. Learn More about Michael R. Smith's net worth.

How old is Michael R. Smith?

Mr. Smith is currently 57 years old. There are 4 older executives and no younger executives at McCormick & Company, Incorporated. The oldest executive at McCormick & Company, Incorporated is Mr. Lawrence E. Kurzius, Chairman & CEO, who is 64 years old. Learn More on Michael R. Smith's age.

What is Michael R. Smith's salary?

As the CFO of McCormick & Company, Incorporated, Mr. Smith earned a total compensation package of $4,183,548.00 in 2021. Mr. Smith earned a salary of $709,423.00, stock awards of $1,100,008.00, options awards of $1,100,003.00, non-equity compensation of $1,063,808.00, and other compensation of $210,306.00.There are 2 executives that earn more than Mr. Smith. The highest earning executive at McCormick & Company, Incorporated is Mr. Lawrence E. Kurzius, Chairman & CEO, who commands a salary of $4,620,000.00 per year. Learn More on Michael R. Smith's salary.

How do I contact Michael R. Smith?

The corporate mailing address for Mr. Smith 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 Michael R. Smith's contact information.

Has Michael R. Smith been buying or selling shares of McCormick & Company, Incorporated?

Michael R. Smith has not been actively trading shares of McCormick & Company, Incorporated during the past quarter. Most recently, Michael R. Smith sold 19,986 shares of the business's stock in a transaction on Wednesday, April 20th. The shares were sold at an average price of $104.04, for a transaction totalling $2,079,343.44. Following the completion of the sale, the chief financial officer now directly owns 93,025 shares of the company's stock, valued at $9,678,321. Learn More on Michael R. Smith's 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 209,272 shares worth more than $20,624,543.72. The most recent insider tranaction occured on June, 29th when Director Margaret M V Preston sold 10,580 shares worth more than $893,375.20. 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 6/29/2022.

Michael R. Smith Insider Trading History at McCormick & Company, Incorporated

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
4/20/2022Sell19,986$104.04$2,079,343.4493,025View SEC Filing Icon  
7/1/2020Sell8,400$180.10$1,512,840.0037,977View SEC Filing Icon  
7/3/2019Sell9,100$160.84$1,463,644.0030,453View SEC Filing Icon  
4/10/2019Sell9,200$154.49$1,421,308.0030,553View SEC Filing Icon  
10/30/2018Sell7,200$142.59$1,026,648.0023,959View SEC Filing Icon  
7/9/2018Sell8,000$119.90$959,200.0022,759View SEC Filing Icon  
1/30/2018Sell2,575$107.96$277,997.0017,312View SEC Filing Icon  
9/29/2017Sell5,500$102.60$564,300.0019,248View SEC Filing Icon  
See Full Table

Michael R. Smith Buying and Selling Activity at McCormick & Company, Incorporated

This chart shows Michael R Smith'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: $92.47
Low: $91.63
High: $92.97

50 Day Range

MA: $85.49
Low: $80.95
High: $91.85

2 Week Range

Now: $92.47
Low: $77.85
High: $107.35

Volume

822,097 shs

Average Volume

1,022,551 shs

Market Capitalization

$24.81 billion

P/E Ratio

36.55

Dividend Yield

1.61%

Beta

0.5