McCormick Appoints Brendan Foley To CEO Effective September 1; Lawrence Kurzius To Continue As Executive Chairman Of The Board
Portfolio Pulse from Benzinga Newsdesk
McCormick has announced the appointment of Brendan Foley as CEO, effective from September 1. The current CEO, Lawrence Kurzius, will continue as the Executive Chairman of the Board.
June 28, 2023 | 8:23 pm
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NEUTRAL IMPACT
McCormick's new CEO appointment may bring fresh perspectives and strategies to the company, potentially impacting its future performance.
CEO changes can have significant impacts on a company's direction and performance. While it's unclear how this will affect McCormick's stock in the short term, it's a development that investors should monitor closely.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100