The company said its board on June 25, 2024 appointed Marcos Gabriel as Executive Vice President and Chief Financial Officer, effective December 1, 2024, replacing Michael R. Smith.

1. 01

   The company said its board on June 25, 2024 appointed Marcos Gabriel as Executive Vice President and Chief Financial Officer, effective December 1, 2024, replacing Michael R. Smith.

2. 02

   The company said Michael R. Smith will step down as Chief Financial Officer effective September 1, 2016, December 1, 2024, continue as Executive Vice President to assist with the transition, and retire on February 28, 2025.

3. 03

   The company said Marcos Gabriel, 53 years old, joined McCormick in 2017 and has held roles including Chief Transformation Officer and Senior Vice President, Global Finance and Capital Markets, and in his new role will lead the global finance organization and global business services team.

4. 04

   The company said Marcos Gabriel's annual base salary will be $650,000 effective December 1, 2024, with a target annual cash incentive of 80% of his base salary and a maximum of 160%.

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Original filing

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