McCormick dismisses EY over expected SEC independence issue after Unilever foods deal
MKC•McCormick will replace Ernst & Young with KPMG as auditor, citing expected SEC independence issues tied to its pending acquisition of Unilever’s foods business.
1. Auditor transition
EY’s dismissal takes effect when McCormick files its annual Form 10-K for the fiscal year ended Nov. 30, 2026. KPMG was selected as successor auditor for the fiscal year ending Nov. 30, 2027, effective when EY’s dismissal becomes effective. EY issued clean audit opinions for fiscal 2024 and 2025, with no disagreements or reportable events disclosed.
