| CEO Name | Lawrence Kurzius |
| Nationality | United States |
| Net Worth Estimation | $120 million |
Lawrence Kurzius, current CEO and Chairman of McCormick & Company, Inc., has an estimated net worth of around $120 million due to substantial earnings from executive compensation, stock ownership, and long-term incentives tied to the company's strong financial performance. His leadership role overseeing global spice and flavor operations contributes to significant stock awards and bonuses, further boosting his total wealth.
Lawrence Kurzius, CEO of McCormick For Chefs (McCormick & Company, Inc.), has an estimated net worth of $120,000,000, which is 1100% higher than the minimum and 1400% higher than the maximum CEO net worth estimations for the foodservice business category. His financial standing significantly surpasses typical peers in the industry.
Business Category: Foodservice
Minimum Net Worth (estimation): 10000000 USD
Maximum Net Worth (estimation): 8000000 USD
Lawrence Kurzius Performance in McCormick For Chefs (McCormick & Company, Inc.)
Lawrence Kurzius, CEO of McCormick & Company, Inc., demonstrates strategic leadership emphasizing innovation and global expansion. His decision-making integrates data-driven insights and sustainable practices, enhancing product portfolios for McCormick For Chefs. Under his guidance, the company has achieved robust financial performance and market share growth, strengthening its position in the flavor solutions industry.
Latest News
McCormick & Company CEO Brendan Foley Leads Strong Growth Amid Tariff Challenges
McCormick & Company, Inc., with Brendan Foley as CEO since September 2023, has reported consistent volume-led sales growth over five consecutive quarters despite rising tariff costs that reached $140 million in 2025. Foley highlighted ongoing efforts in cost savings, alternative sourcing, and strategic pricing to offset the tariff impact while maintaining product innovation and expanded distribution in a challenging economic environment.
Source: http://www.prnewswire.com/news-releases/mccormick-reports-third-quarter-performance-reaffirms-strong-sales-growth-and-updates-2025-profitability-outlook-302576872.html