Michael R.  Smith net worth and biography

Michael Smith Biography and Net Worth

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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 $282,978.50 as of June 13th, 2024. Mr. Smith owns 3,500 shares of McCormick & Company, Incorporated stock worth more than $282,979 as of March 27th. This net worth estimate does not reflect any other assets that Mr. Smith may own. Additionally, Mr. Smith receives an annual salary of $1,960,000.00 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 59 years old. There are 7 older executives and no younger executives at McCormick & Company, Incorporated. The oldest executive at McCormick & Company, Incorporated is Mr. Lawrence E. Kurzius, Executive Chairman of the Board, who is 66 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 earns $1,960,000.00 per year. There are 2 executives that earn more than Mr. Smith. The highest earning executive at McCormick & Company, Incorporated is Mr. Lawrence E. Kurzius, Executive Chairman of the Board, who commands a salary of $4,000,000.00 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 kasey_jenkins@mccormick.com. 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 last ninety days. 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), Jeffery Schwartz (VP), 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 11 times. They sold a total of 184,550 shares worth more than $13,890,890.98. The most recent insider tranaction occured on February, 13th when Director Margaret M V Preston sold 28,092 shares worth more than $2,163,926.76. Insiders at McCormick & Company, Incorporated own 23.8% of the company. Learn More about insider trades at McCormick & Company, Incorporated.

Information on this page was last updated on 2/13/2025.

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

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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.

Skip ChartChart Data in Insider Trading History Table
2022202320242025$0bought$0soldQ1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1-$2M-$1M$0$1M$2MTotal Insider BuyingTotal Insider Selling

McCormick & Company, Incorporated Company Overview

McCormick & Company, Incorporated logo
McCormick & Co., Inc. engages in the manufacturing, marketing, and distribution of spices, seasoning mixes, condiments, and other flavorful products to retail outlets, food manufacturers, and foodservice businesses. It operates through the Consumer and Flavor Solutions segments. The Consumer segment sells spices, seasonings, condiments, and sauces. The Flavor Solutions segment includes seasoning blends, spices and herbs, condiments, coating systems, and compound flavors. The company was founded by Willoughby M. McCormick in 1889 and is headquartered in Baltimore, MD.
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Today's Range

Now: $80.85
Low: $79.67
High: $81.39

50 Day Range

MA: $78.93
Low: $73.19
High: $84.73

2 Week Range

Now: $80.85
Low: $66.88
High: $86.24

Volume

2,775,733 shs

Average Volume

1,814,872 shs

Market Capitalization

$21.68 billion

P/E Ratio

27.59

Dividend Yield

2.23%

Beta

0.71