Alan D. Wilson, McCormick & Co.'s executive chairman of the board, will step down on Jan. 31, the Sparks-based spice and flavorings company announced Wednesday.
He'll be succeeded as chairman by McCormick 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 advisor 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. "Under Lawrence's leadership, we have a great team of executives with relevant food industry experience and a lot of talent. I am confident that this group is highly motivated to build upon our success in the years ahead."
Kurzius joined McCormick in 2007 when it acquired Zatarain's, where he had been CEO.
"We are grateful to Alan for his strong leadership and values," Kurzius said in a statement. "He set a focus on growth, performance and people that continues today and is driving strong financial results and superior return for our shareholders. I look forward to continuing this momentum and growing McCormick's position as a global leader in flavor."
McCormick also announced that Gordon M. Stetz, an executive vice president who is retiring on Dec. 31, also will step down from the board.