The estimated Net Worth of Margaret M V Preston is at least $12.3 million dollars as of 30 January 2024. Ms. Preston owns over 10,000 units of McCormick & Co stock worth over $8,445,653 and over the last 21 years she sold MKC stock worth over $3,614,766. In addition, she makes $250,070 as Independent Director at McCormick & Co.
Margaret has made over 40 trades of the McCormick & Co stock since 2007, according to the Form 4 filled with the SEC. Most recently she exercised 10,000 units of MKC stock worth $355,500 on 30 January 2024.
The largest trade she's ever made was selling 10,580 units of McCormick & Co stock on 29 June 2022 worth over $893,375. On average, Margaret trades about 418 units every 15 days since 2004. As of 30 January 2024 she still owns at least 102,260 units of McCormick & Co stock.
You can see the complete history of Ms. Preston stock trades at the bottom of the page.
Margaret M. V. Preston serves as Independent Director of the Company. Ms. Preston’s qualifications include (i) senior executive experience at a publicly traded multinational company, (ii) strategic leadership at a large, complex, organization, (iii) a high level of financial literacy, and (iv) experience in mergers and acquisitions. Ms. Preston’s past service as the Global Chief Financial Officer of Deutsche Bank, Private Wealth Management and as a Managing Director and Regional Executive of US Trust, Bank of America Private Wealth Management, and as a Managing Director of TD Bank Private Wealth Management afforded her the opportunity to provide financial oversight and strategic leadership and direction to those organizations, until her retirement in 2019. As Treasurer of Alex. Brown Incorporated, Ms. Preston provided direction in the development of a collateral management system for margin loan management, and her role at US Trust included responsibility for the management of compliance and risk at the Private Wealth Management group for over $20 billion of assets under management at that organization. Ms. Preston has a well-developed experience in mergers and acquisitions, and the integration of acquired businesses, in consequence of her work, first at Alex. Brown as a Merger & Acquisition Manager, and subsequent work on the integration of the Bankers Trust Company and Alex. Brown businesses into Deutsche Bank, and the integration of Merrill Lynch operations into the Bank of America Private Wealth Management platform.
As the Independent Director of McCormick & Co, the total compensation of Margaret Preston at McCormick & Co is $250,070. There are 14 executives at McCormick & Co getting paid more, with Lawrence Kurzius having the highest compensation of $12,769,200.
Margaret Preston is 62, she's been the Independent Director of McCormick & Co since 2003. There are 6 older and 13 younger executives at McCormick & Co. The oldest executive at McCormick & Co., Inc. is Freeman Hrabowski, 69, who is the Independent Director.
Margaret's mailing address filed with the SEC is 1 CARRIER PLACE, , FARMINGTON, CT, 06032.
Over the last 22 years, insiders at McCormick & Co have traded over $24,374,146 worth of McCormick & Co stock and bought 16,310 units worth $773,834 . The most active insiders traders include Alan D Wilson, Robert J Lawless et Lawrence Erik Kurzius. On average, McCormick & Co executives and independent directors trade stock every 17 days with the average trade being worth of $1,493,062. The most recent stock trade was executed by Maritza Gomez Montiel on 15 August 2024, trading 9,816 units of MKC stock currently worth $484,027.
mccormick & company, incorporated (nyse: mkc) is a global leader in flavor and one of the most respected and familiar names in the industry. in business for more than 125 years, mccormick manufactures, markets and distributes spices, seasoning mixes, condiments and other flavorful products to the entire food industry—retail outlets, food manufacturers and food service businesses. the mccormick name represents a trusted source of flavor in millions of kitchens around the globe—in homes and in restaurants. partnerships with farmers and suppliers around the world allow us to provide great-tasting, quality spices with year-over-year consistency that you can trust. no exceptions. our herbs and spices come from 40 different countries, while our brands reach consumers in more than 135 countries and territories. our passion for quality is matched only by our commitment to an innovative and energetic company culture. at mccormick, we believe in respect, recognition, inclusion and collaborat
McCormick & Co executives and other stock owners filed with the SEC include: