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McCormick Announces Kasey Jenkins' Plan to Retire

1. Kasey Jenkins, Chief Growth Officer, to retire in early 2026. 2. She has been with McCormick for 32 years, holding various leadership roles. 3. Jenkins played a key role in strategic growth and financial performance improvements. 4. Her retirement might impact McCormick's strategic direction and leadership continuity. 5. Transition of her responsibilities will occur throughout 2025 to senior leaders.

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FAQ

Why Neutral?

While Jenkins contributed significantly, her departure is not immediately detrimental. Historical transitions in leadership (e.g., CFO changes) have shown temporary stability.

How important is it?

The retirement of a key executive like Jenkins can influence investor confidence. Despite her strong contributions, the impact on financial performance might take time to manifest.

Why Long Term?

Leadership changes can affect company strategy over time but require adaptation. Evidence from similar companies suggests gradual acclimation to new leaders may stabilize performance.

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HUNT VALLEY, Md., May 21, 2025

/PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today announced that Kasey Jenkins, Chief Growth Officer, will retire in early 2026.

Over the balance of 2025, Ms. Jenkins will transition her responsibilities to several of the Company's senior leaders.

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