McCormick executive Kasey Jenkins set to retire in early 2026

HUNT VALLEY, Md. - McCormick & Company, Incorporated (NYSE: MKC), known for its spices and flavors, today announced the planned retirement of its Chief Growth Officer, Kasey Jenkins, set for early 2026. Jenkins, who has been with the company for over three decades, will spend the remainder of 2025 transitioning her duties to other senior leaders within the organization.

Jenkins’s career at McCormick began in 1993 as a Financial Analyst. She climbed the ranks, taking on roles with increasing responsibility in various departments, including Corporate Finance and Supply Chain Finance. In 2015, she was appointed Vice President and Chief Financial Officer for North America. Two years later, she took on the role of Vice President, Investor Relations, before expanding her responsibilities in 2022 to include Corporate Strategy, Corporate Sustainability, and Corporate Development. She has been a member of McCormick’s Management Committee since 2023.

During her tenure, Jenkins has been credited with enhancing the capabilities of Global Finance and driving performance improvements in partnership with the Global Supply Chain. As CFO of North America, she played a key role in restructuring the organization to a regional framework. Her efforts in Investor Relations and strategic development have been acknowledged as contributing to the company’s shareholder value creation, reflected in its 15% return on equity and stable financial health score according to InvestingPro metrics.

Brendan M. Foley, McCormick’s Chairman, President, and CEO, praised Jenkins for her collaborative leadership and strategic contributions to the company, stating that her "deep knowledge of the business and strong growth-oriented mindset will be greatly missed."

Jenkins holds a Bachelor of Science degree in Accounting and Management Information Systems from Loyola University of Maryland and is a Certified Public Accountant. She is also actively involved in her community, serving on the Board for the Ronald McDonald House in Maryland.

McCormick & Company, with a history dating back to 1889, operates in over 150 countries and territories and is committed to uniting the world through flavor. The company envisions a global community where healthy, sustainable, and delicious go hand in hand.

This announcement is based on a press release statement from McCormick & Company.

In other recent news, McCormick & Co Inc held its Annual Meeting of Stockholders, where shareholders approved executive compensation and elected eleven directors to the board. Ernst & Young LLP was ratified as the independent auditor for the upcoming fiscal year. Bernstein analysts maintained an Outperform rating on McCormick, raising the stock price target to $101, citing a potential reformulation trend in the U.S. packaged foods industry. This trend, noted by McCormick’s management, involves reducing artificial additives and could benefit the company. Meanwhile, Argus analysts downgraded McCormick’s stock from Buy to Hold, expressing concerns over increased costs and weakened restaurant foot traffic affecting earnings growth. Despite this, Argus maintains a positive long-term view due to McCormick’s cost control measures. TD Cowen adjusted its price target for McCormick to $90, acknowledging robust volume growth but noting that earnings fell short of expectations. The firm anticipates that McCormick’s Continuous Cost Improvement program will enhance gross margins, supporting future profit growth.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.