McCormick's Trading Volume Surges 104.84% to $321 Million, Ranked 290th Despite Stock Price Decline

On May 22, 2025, McCormick's trading volume reached $321 million, marking a 104.84% increase from the previous day. This surge placed McCormick at the 290th position in the day's trading volume rankings. However, the stock price of McCormick (MKC) fell by 1.70%, marking the fourth consecutive day of decline, with a total decrease of 5.42% over the past four days.

McCormick & Company, Incorporated, a global leader in flavor, announced that Kasey Jenkins, the Chief Growth Officer, will retire in early 2026. Jenkins, who has been with the company for 32 years, will transition her responsibilities to several senior leaders over the remainder of 2025. Her career at McCormick began in 1993 as a Financial Analyst in U.S. Consumer and progressed through various leadership roles in Corporate Finance, Flavor Solutions, and Supply Chain Finance. In 2015, she became Vice President and Chief Financial Officer (CFO) for North America, followed by Vice President, Investor Relations in 2017. Since 2022, her responsibilities expanded to include Corporate Strategy, Corporate Sustainability, and Corporate Development. She has been a Chief Growth Officer and a member of McCormick's Management Committee since 2023.

Brendan M. Foley, Chairman, President, and Chief Executive Officer for McCormick & Company, praised Jenkins for her collaborative leadership and strategic foresight. He highlighted her significant contributions to the company, including enhancing the capabilities of Global Finance, driving performance improvements, and elevating the Investor Relations program. Foley also noted that Jenkins' 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 actively involved in the community and currently serves on the Board for the Ronald McDonald House in Maryland.