Bob Lawless’ retirement as Chief Executive Officer concluded a 30-year career as an active McCormick employee in which he brought a boundless energy to each goal he pursued. Over the past 11 years as President and CEO, he led the transformation of the Company solidifying its position as an industry leader and a global company on the move.
    Bob’s global travels gave him the opportunity to interact with thousands of McCormick employees worldwide. It was through such regular contact with the vast employee population that he communicated his passion to grow McCormick. The regular employee interaction also confirmed to him that measures to contemporize the business be made in harmony with the Shared Values and culture of this unique company. The results have been impressive.
    He drove initiatives that brought the Company’s commitment to innovation to new levels. Technologically, the Company made tremendous strides under Bob’s leadership. His approach to acquisitions brought resounding success as companies purchased under Bob’s tenure were assimilated seamlessly and brought the desired return. His support of building brands and serving customers on a global basis met with repeated success. As a result, recognition from industry

groups and major customers was a regular occurrence during Bob’s tenure.
    And stockholders enjoyed the benefits of the Lawless years as well. Since 1996, the stock price has tripled and the quarterly dividend is now $0.22 up from $0.07 per share.
    Bob’s impact over the years went beyond the walls of McCormick. His spirit of community service inspired many McCormick employees to follow his lead and volunteer helping those less fortunate. McCormick has a tradition of charitable giving, and Bob was a committed steward of that legacy during his years as Company leader.
    During Bob Lawless’ time with McCormick, he has lived the Company’s Shared Values and leaves a lasting impact on the business. Bob, we’ve enjoyed The Journey. Thanks and best wishes from the entire McCormick family.