Brendan Foley Named New Chairman of the Board for McCormick & Company
Brendan Foley to Succeed Lawrence Kurzius
In a significant shift in leadership, Brendan Foley has been appointed as the new Chairman of the Board for McCormick & Company, effective January 1, 2025. This transition will follow the tenure of Lawrence E. Kurzius, who announced he would conclude his role as Chairman on December 31, 2024, after an exceptional eight-year leadership period. While this marks the end of Kurzius's chairmanship, he will remain a member of the Board after 22 years with the company.
Kurzius expressed confidence in the organization's future during this transition. He emphasized that this change aligns with the company's succession plans and his personal retirement goals. “The Board has a highly experienced team of executives with a deep understanding of the consumer products industry, and I am excited to see how they will continue to drive performance going forward,” Kurzius stated.
Brendan Foley is no stranger to McCormick; he has served as its President and Chief Executive Officer since September 2023 and was previously deeply involved in the company’s management, being part of the top executive leadership team since 2015. Foley has held various roles, including President of different divisions in North America and globally, and his extensive experience within McCormick uniquely positions him for this new leadership challenge.
Upon his elevation to Chairman, Foley paid tribute to Kurzius, stating, “Lawrence has been a transformational leader and a great mentor. We owe much of our innovative strategies and growth-oriented vision to his guidance.” Foley acknowledges the company’s solid performance under Kurzius’s leadership and vows to continue pushing the boundaries of flavor and consumer satisfaction.
McCormick & Company stands as a global leader in flavor, boasting over $6.5 billion in annual sales across 150 countries. The company’s extensive product line includes renowned brands like McCormick, French's, and Frank's RedHot, which cater to retail, food manufacturers, and foodservice businesses.
Established in 1889, and headquartered in Hunt Valley, Maryland, McCormick is driven by strong core values and aims to unify people worldwide through flavorful experiences. The company envisions a future where healthy, sustainable, and delicious flavors coalesce.
As Brendan Foley steps into the role of Chairman, he is poised to maintain the company’s momentum, ensuring McCormick continues to enjoy growth and innovation. Whether managing operations or steering the company towards new strategic initiatives, Foley's leadership is likely to reinforce McCormick's status in the food industry, bolstering its commitment to flavor and consumer engagement. The transition reflects stability at the helm of one of the most recognized names in the flavoring business, promising an exciting new chapter for McCormick & Company.