Lawrence E. Kurzius
Net Worth
Last updated:
What is Lawrence E. Kurzius net worth?
The estimated net worth of Mr. Lawrence E. Kurzius is at least $185,710,756 as of 17 Jul 2024. He owns shares worth $13,814,557 as insider, has earned $29,876,199 from insider trading and has received compensation worth at least $142,020,000 in McCormick & Company, Incorporated.
What is the salary of Lawrence E. Kurzius?
Mr. Lawrence E. Kurzius salary is $7,890,000 per year as Chairman, Pres & Chief Executive Officer in McCormick & Company, Incorporated.
How old is Lawrence E. Kurzius?
Mr. Lawrence E. Kurzius is 67 years old, born in 1958.
What stocks does Lawrence E. Kurzius currently own?
As insider, Mr. Lawrence E. Kurzius owns shares in one company:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
McCormick & Company, Incorporated (MKC) | Chairman, Pres & Chief Executive Officer | 199,258 | $69.33 | $13,814,557 |
What does McCormick & Company, Incorporated do?
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.
Lawrence E. Kurzius insider trading
McCormick & Company, Incorporated
Mr. Lawrence E. Kurzius has made 15 insider trades between 2007-2024, according to the Form 4 filled with the SEC. Most recently he sold 25,000 units of MKC stock worth $1,875,000 on 17 Jul 2024.
The largest trade he's ever made was exercising 180,000 units of MKC stock on 31 Jan 2022. As of 17 Jul 2024 he still owns at least 199,258 units of MKC stock.
McCormick & Company, Incorporated key executives
McCormick & Company, Incorporated executives and other stock owners filed with the SEC:
- Mr. Brendan F. Foley (59) Pres of Global Consumer, Americas & Asia
- Mr. Jeffery D. Schwartz (55) Vice President, Gen. Counsel & Corporation Sec.
- Mr. Lawrence E. Kurzius (67) Chairman, Pres & Chief Executive Officer
- Mr. Malcolm S. Swift (65) Chief Admin. Officer & Pres of Global Flavor Solutions for EMEA
- Mr. Michael R. Smith (60) Executive Vice President & Chief Financial Officer