McCormick CEO to suc­ceed Wil­son as chair

Baltimore Sun - - AROUND THE REGION - — Bal­ti­more Sun staff — Natalie Sher­man — Sarah Gantz

Alan D. Wil­son, McCormick & Co.’s executive chair­man of the board, will step down Jan. 31, the Sparks-based spice and fla­vor­ings com­pany an­nounced Wed­nes­day. He’ll be suc­ceeded as chair­man by Pres­i­dent and CEO Lawrence E. Kurz­ius, who as­sumed the CEO post from Wil­son ear­lier this year. McCormick’s board chair for eight years, Wil­son will con­tinue to serve as a direc­tor and se­nior ad­viser for the com­pany. “Tran­si­tion­ing the role of Chair­man of the Board for McCormick is con­sis­tent with the Board’s suc­ces­sion plan at the executive level and is also con­sis­tent with my per­sonal plans,” Wil­son said in a state­ment. Kurz­ius joined McCormick in 2007 when it ac­quired Zatarain’s, where he had been CEO. McCormick also an­nounced that Gor­don M. Stetz, an executive vice pres­i­dent who is re­tir­ing Dec. 31, will step down from the board. tran­si­tion was dis­closed in a lay­off no­tice Kenco filed with state this month. Ten­nessee-based Kenco said in the no­tice that it plans to lay off115 work­ers at the 521Chelsea Road ware­house by Jan. 22, but that al­most all of them would re­ceive em­ploy­ment of­fers from Ry­der. Most em­ploy­ers are re­quired by fed­eral law to file so-called WARN no­tices with states in ad­vance of ma­jor lay­offs. “This is sim­ply a trans­fer in ware­hous­ing/ lo­gis­tics ser­vice from one provider (Kenco) to an­other,” said Kenco spokesman Bill Fahren­wald of James Street As­so­ciates in a state­ment. Ry­der, head­quar­tered in Mi­ami, could not be reached for com­ment Wed­nes­day. Elec­trolux is a Swedish home ap­pli­ance man­u­fac­turer best known for its vac­uum clean­ers. the Food and Drug Ad­min­is­tra­tion clears the way for Lupin to be­gin mar­ket­ing the drug. Ear­lier in Novem­ber, Lupin launched a generic drug to treat the symp­toms of menopause. The com­pany’s generic ver­sion of Ortho-Cy­clen, birth con­trol pills by Janssen Phar­ma­ceu­ti­cals Inc., also re­ceived ap­proval in Novem­ber.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.