McCormick execs see pay skyrocket in 2018 after overseeing record growth


McCormick & Co. Inc. CEO Lawrence Kurzius received a 64 percent increase in compensation last year as the company experienced record increases in profit and sales from the acquisition of RB Foods.

Kurzius's pay totaled $14.8 million in 2018, up from $9 million the prior year, according to McCormick's proxy statement filed Thursday with the U.S. Securities and Exchange Commission. The majority of his compensation came from $8.6 million in stock awards, including a one-time award of $6 million which…

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