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McCormick & Co Inc. (NYSE:MKC) has disclosed the upcoming retirement of board member Patricia Little. The announcement was made in a recent SEC filing, stating that Little will not seek re-election at the company’s next annual stockholders’ meeting scheduled for March 26, 2025. Little has communicated her intention to the Nominating and Corporate Governance Committee of the Board of Directors, with her service concluding at the aforementioned meeting.
Patricia Little’s departure marks a change in the composition of McCormick’s Board as the company prepares for its annual meeting. The filing did not specify reasons for Little’s retirement or who might succeed her position on the board. The news comes as part of a routine disclosure in compliance with the Securities Exchange Act of 1934.
McCormick, known for its spices, seasoning mixes, and condiments, operates within the food manufacturing sector and is headquartered in Hunt Valley, Maryland. The company has a history dating back to 1889 and has grown to become a global leader in flavor.
The information regarding this board transition is based on the company’s SEC filing and serves to inform shareholders and the public of the latest corporate governance developments within McCormick & Co. The company continues to operate under the leadership of its current executives and board members until the upcoming stockholders’ meeting, where further updates are expected.
Investors and stakeholders in McCormick & Co can anticipate the company’s next steps in board member selection and corporate strategy following Patricia Little’s retirement. The company’s stock, traded on the New York Stock Exchange, remains a notable component of the food preparations and kindred products industry.
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