McCormick audit chair to resign from board Nov. 30

MCCORMICK & CO INC (MKC) reported planned board and audit committee changes.

Rhea-AI Filing Summary

MCCORMICK & CO INC (MKC) reported planned board and audit committee changes. On August 25, 2026, director Anne Bramman, who serves as Chair of the Audit Committee, informed the Board she intends to resign due to her new role as Executive Vice President and Chief Financial Officer of Best Buy Co., Inc.

Bramman will step down as Audit Committee Chair effective September 1, 2026, but will remain a director and committee member until her resignation from the Board becomes effective on November 30, 2026, supporting an orderly transition. Valarie Sheppard, currently a member of the Board and Audit Committee, will become Audit Committee Chair effective September 1, 2026. The company states that Bramman’s resignation is not due to any disagreement regarding operations, policies, or practices.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Key Figures

Notice of intent to resign date: August 25, 2026 Audit Committee Chair change date: September 1, 2026 Board resignation effective date: November 30, 2026

3 metrics

Notice of intent to resign date August 25, 2026 Date Anne Bramman informed the Board of her intent to resign

Audit Committee Chair change date September 1, 2026 Effective date Bramman steps down as Audit Committee Chair and Valarie Sheppard assumes the role

Board resignation effective date November 30, 2026 Date Anne Bramman’s resignation from the Board becomes effective

Key Terms

Audit Committee, Emerging growth company, Executive Vice President, Chief Financial Officer

4 terms

Audit Committee financial

"Chair of the Audit Committee of the Board, informed the Board"

A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.

Emerging growth company regulatory

"405 of this chapter) or Rule 12b-2 of the Securities Exchange Act... Emerging growth company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

Executive Vice President financial

"her recent appointment as Executive Vice President and Chief Financial Officer"

An executive vice president is a high-ranking leader within a company who oversees major parts of its operations or strategies. Think of them as senior managers responsible for important areas, similar to a vice principal in a school hierarchy. Their role matters to investors because they help guide the company's success and decision-making at the top level.

Chief Financial Officer financial

"appointment as Executive Vice President and Chief Financial Officer of Best Buy Co., Inc."

A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What board change did MKC disclose regarding Anne Bramman?

McCormick & Company disclosed that Anne Bramman intends to resign from its Board of Directors, stepping down as Audit Committee Chair on September 1, 2026 and resigning from the Board effective November 30, 2026, due to her new executive role at Best Buy Co., Inc.

When does Anne Bramman’s resignation from MKC’s Board become effective?

Anne Bramman’s resignation from McCormick & Company’s Board becomes effective on November 30, 2026. She will step down as Audit Committee Chair effective September 1, 2026 but remain a director and Audit Committee member until her resignation date.

Who will chair McCormick (MKC)’s Audit Committee after September 1, 2026?

Valarie Sheppard, currently a member of McCormick & Company’s Board and Audit Committee, will assume the role of Chair of the Audit Committee effective September 1, 2026, following Anne Bramman stepping down from the chair role.

Why is Anne Bramman resigning from MKC’s Board of Directors?

Anne Bramman is resigning from McCormick & Company’s Board due to her recent appointment as Executive Vice President and Chief Financial Officer of Best Buy Co., Inc. and the time commitments required by that position, according to the company’s disclosure.

Did MKC report any disagreement related to Anne Bramman’s resignation?

McCormick & Company stated that Anne Bramman’s resignation is not due to any disagreement with the company on matters relating to its operations, policies, or practices, indicating a non-contentious departure.

What item of Form 8-K did MKC use to report this board change?

McCormick & Company reported the board and audit committee changes under Item 5.02 of Form 8-K, which covers departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.

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Available on EDGAR 08/28/2026 - 04:17 PM EDT Accepted by SEC EDGAR 08/28/2026 - 04:16 PM EDT Learn about SEC filing dates

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the SECURITIES EXCHANGE ACT OF 1934

_______________________

Date of Report (Date of earliest event reported):

August 25, 2026

McCormick & Co Inc.

(Exact name of registrant as specified in its charter)

Maryland			001-14920			52-0408290
(State or other jurisdiction			(Commission			(IRS Employer
of incorporation)			File Number)			Identification No.)
24 Schilling Road			Suite 1
Hunt Valley			Maryland			21031
			(Address of principal executive offices)			(Zip Code)

Registrant's telephone number, including area code: 410 771-7301

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b).

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c).

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Stock			MKC-V			New York Stock Exchange
Common Stock Non-Voting			MKC			New York Stock Exchange

Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 25, 2026, Anne Bramnan, a member of the Board of Directors (the “Board”) of McCormick & Company, Incorporated (the “Company”) and the Chair of the Audit Committee of the Board, informed the Board that she intends to resign from the Board. Ms. Bramman’s decision to resign from the Company’s Board is due to her recent appointment as Executive Vice President and Chief Financial Officer of Best Buy Co., Inc. (NYSE:BBY) and the time commitments which such position will require. To support an orderly transition, Ms. Bramman will step down as Chair of the Audit Committee effective September 1, 2026, but will remain a member of the Board and Audit Committee until she resigns from the Board effective November 30, 2026. Valarie Sheppard, current member of the Board and Audit Committee will assume the role of Chair of the Audit Committee effective September 1, 2026. Ms. Bramman’s resignation is not due to any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			McCORMICK & COMPANY, INCORPORATED
Date: August 28, 2026			By:						/s/    Jeffery D. Schwartz
									Jeffery D. Schwartz
									Vice President, General Counsel & Secretary

Filing Exhibits & Attachments

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