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Breaking News

News: McCormick Names President/CEO

October 8, 2007

October 1, 2007/Sparks, Md./Business Wire -- Robert J. Lawless, chairman and chief executive officer of McCormick & Company, announced that the board of directors has elected Alan D. Wilson president and chief executive officer of the company effective January 1, 2008, and a member of the board of directors effective November 27, 2007. Wilson joined the company in 1993 and was named president and chief operating officer in December 2006. Lawless also announced his plans to retire from the company on January 1, 2008, and to continue to serve as chairman of the board.

Commented Lawless, "Organizational leaders have many opportunities and challenges in today's business environment, but one of the most important is the legacy of leadership. Alan brings to this role a great diversity of experience in general management and supply chain. He has been involved in key aspects of McCormick's international and domestic operations. He has demonstrated leadership in each position he has held and is respected throughout the company for his ability to set direction, make the right decisions and manage complexity. Alan is well prepared to become CEO of this organization, and I am committed to providing a smooth transition to ensure the continued success of McCormick."

During his 14-year career, Wilson has served as president, Tubed Products, Inc., president, McCormick Canada and president - North American Consumer Foods and Supply Chain. Each of these businesses grew in sales and profitability under his management. In addition, Wilson was instrumental in the development of the spice revitalization program that is being rolled out in the U.S. and the execution of a restructuring program that is on-track to generate $50 million of cost savings. He currently serves on the Chairman's Advisory Council of the Grocery Manufacturers Association.

"Bob Lawless has been a great leader for this company, and I am honored to follow in his footsteps," commented Wilson. "McCormick is well-positioned for global growth with a strong, experienced management team. I am looking forward to working with our board of directors, the leadership team and all of our employees to take us to the next level."

From the October 8, 2007, Prepared Foods e-Flash

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