McCormick ($MKC) replaces EY with KPMG as auditor over independence issue tied to Unilever deal

McCormick's audit committee dismissed Ernst & Young as independent auditor due to anticipated independence issues after the closing of the Unilever foods business acquisition announced March 31. KPMG was approved as the new auditor for the fiscal year ending November 30, 2027. EY's audit reports for fiscal 2024 and 2025 were unqualified, and there were no disagreements or reportable events.