Alan D. Wilson is the Chief Executive Officer of McCormick & Company, a role he has held since January 1, 2008. Under his leadership, McCormick has focused heavily on performance-based compensation, aligning executive pay with the company’s financial goals. In...
Alan D. Wilson is the Chief Executive Officer of McCormick & Company, a role he has held since January 1, 2008. Under his leadership, McCormick has focused heavily on performance-based compensation, aligning executive pay with the company’s financial goals. In recent years, his total compensation has fluctuated significantly, reaching up to $12.2 million in 2021 but dropping to approximately $1.2 million in 2023 due to unmet performance metrics. Alan's leadership style emphasizes accountability, and in 2023, he received no annual cash bonus as the company's performance did not meet benchmarks. His insider trading activity shows a robust confidence in McCormick, with his holdings peaking at around $56 million in mid-2020, before declining along with the company's stock price. Before becoming CEO, Alan served as the President and Chief Operating Officer, indicating a long history with the company. He chairs a committee ensuring executive officers maintain a keen interest in the company’s success through share ownership guidelines. Wilson is a strategic thinker in management but faces ongoing challenges with performance targets.