Michael R. Smith
Net Worth
Last updated:
What is Michael R. Smith net worth?
The estimated net worth of Mr. Michael R. Smith is at least $43,291,184 as of 15 Mar 2023. He owns shares worth $6,449,423 as insider, has earned $2,521,761 from insider trading and has received compensation worth at least $34,320,000 in McCormick & Company, Incorporated.
What is the salary of Michael R. Smith?
Mr. Michael R. Smith salary is $2,640,000 per year as Executive Vice President & Chief Financial Officer in McCormick & Company, Incorporated.
How old is Michael R. Smith?
Mr. Michael R. Smith is 60 years old, born in 1965.
What stocks does Michael R. Smith currently own?
As insider, Mr. Michael R. Smith owns shares in one company:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
McCormick & Company, Incorporated (MKC) | Executive Vice President & Chief Financial Officer | 93,025 | $69.33 | $6,449,423 |
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.
Michael R. Smith insider trading
McCormick & Company, Incorporated
Mr. Michael R. Smith has made 9 insider trades between 2012-2023, according to the Form 4 filled with the SEC.
The largest trade he's ever made was exercising 19,986 units of MKC stock on 20 Apr 2022. As of 15 Mar 2023 he still owns at least 93,025 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