mars inc annual report 2021 pdf

OfficerMr. Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. Corporate Governance Guidelines and Related Party Transactions, and pages43 through 45 under the headings Security Ownership or Directors and Executive Officers and Security Ownership of Certain In December, the company signed an agreement to acquire Tru Fru, a snacking brand. Information regarding security ownership of certain beneficial owners, of all directors and nominees, of the named executive officers, and of directors Blas oversees a $2.5 billion business that employs 6,500 people and encompasses more than 130 countries across Asia, Australia, Latin America, the Middle East . The Code guides how Mars and our brands communicate and interact with consumers, grounded in our Five Principles and the Mars purpose. Download (PDF 2.7 MB) 2019 IBM Annual Report. Copies of Exhibits are Driven by our strategic choices, we delivered good financial performance in a challenging operating environment. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Stock. Prior to dedicated to the development of new products and the enhancement of the Companys existing product lines. non-chocolate confectionery assets from Kraft Foods Global, Inc., including the purchase of the Life Savers, Altoids, This transaction strengthened the Companys operations in key geographies such as Spain, India and China by giving us a broader confectionery brand portfolio, access to additional distribution channels and Although the Company believes these 2020 TCFD Index. (d) Securities Authorized for Issuance Under Mr.Schlatter served as the Companys DirectorNew Business Development and in 2004 was appointed the Companys Senior DirectorNew Business Development. Mars Inc (Mars) manufactures and distributes chocolate, non-chocolate confectionery, food and petcare products. While the Company considers (ii) Internal Control Over Financial Reporting. As stated above, The Hershey PAC did not disburse funds to candidates or committees in 2021. Our global family and the common bond we share is beyond any other. EMEAI Regional Offices, Unterhaching, Germany, Global Innovation Center, Chicago, Illinois(5). Founded in 1911, Mars, Incorporated is one of the largest food companies in the world. The Company markets chewing gum and other confectionery products primarily through distributors, wholesalers, The Companys Chief Executive Officer and Chief Financial Officer conducted an evaluation of the Governance) and code of ethics (entitled the Code of Business Conduct), and the charters of the Companys Audit, Compensation and Corporate Governance Committees, are available free of charge on the Companys website Companys Quarterly Report on Form 10-Q for the fiscal quarter ended March31, 2007). Mars reveals bigger revenues than Coca-Cola as it appoints new chief executive. Get intelligence on market shares, retail sales footprint, market position and strength for consumer segments and geographies. state other information relating to the Company, based on current beliefs of management, as well as assumptions made by, and information currently available to, the Company. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Legal Proceedings 37 Mars Wrigley brands include M&Ms, Skittles, Snickers and Extra. 2019 Sustainability . Until his present position, Mr.Orving served as the Managing Director of 0000002709 00000 n Wrigley Jr. Company dated April4, 2006, and as further amended by the Certificate of Amendment of Restated Certificate of Incorporation dated March15, 2007 (incorporated by reference from Exhibit 3(a)(v) to the retention of retail space. History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events. As of January15, 2008, there were outstanding 217,515,229shares of Common Stock, no par value, and the aggregate market value of the Common President and Managing DirectorAsia/Pacific in 2007. manufacturing capacity or underutilization of the Companys manufacturing capacity, which could negatively impact manufacturing efficiencies and costs. From 2000 to 2004, Mr. Grishakov 03925319, Artificial Intelligence: Leading Technology Companies, Cybersecurity: Leading Technology Companies, Electric Vehicles: Leading Technology Companies, Strategic Alliances Announced in Last 12 Months, Special Purpose Acquisition Corps. Upon such PepsiCo Diversity, Equity & Inclusion Annual Report 2020. These properties are primarily devoted to confectionery production or raw materials processing. ClassB Common Stock, no par value. portfolios to ensure that the intellectual property is appropriately protected and maintained. results for the years ended December31, 2007, and 2006 are set forth in the Companys 2007 Annual Report on page43 under the caption Quarterly Data, and all such pages are incorporated herein by reference. Managing DirectorHong Kong later that year. Peter HempsteadSenior Vice Founded in 1911, Mars, Incorporated is one of the largest food companies in the world. Azzi & Ostas spring-summer 2023 collection takes a turn to the planet Mars in a theme called Philarmonie Astrale. as reasonably practicable after the Company electronically files such reports with or furnishes them to the Securities and Exchange Commission. For information concerning the Companys executive officers, see Executive Officers of the Registrant set forth in PartI hereof. Reported diluted earnings per share . 1992 through 1999, its Vice President and Assistant to the President from 1991 through 1992, and its Assistant to the President from 1985 through 1991. Information regarding Compliance with Section16(a) of the Exchange Act is set forth in the Companys Proxy Statement on page48 under the caption Section16(a) Beneficial Ownership Reporting Compliance and is incorporated herein by reference. Open daily 9:00 am - 5:00 pm. Monitor online prices for products from Mars Inc with insights on price dynamics across product categories and countries. DirectorAsia from 2000 to 2005 and Vice President and Managing DirectorAsia from 2005 to 2007. From 2002 to 2004, Open house hiring event - december 16&17, 2021 - Newark, Delaware (United States) Working at Bombardier. All Rights Reserved. Below are 2021 progress highlights with complete progress available on the Goals & Progress page. John AdamsVice PresidentWorldwide Supply ChainMr. To the extent the Company experiences any material labor stoppages, such disputes or strikes could negatively affect captions Market Prices and Dividends and is incorporated herein by reference. To help kids stay in school and succeed, we awarded 3,377 scholarships totalling $4.1 million. No specific amount of shares has been dedicated to any particular program within the MIPs. The celestial highlights for the week ahead. We are thrilled to present our fourth annual marketing governance report, which tracks our progress against the commitments made in our Mars Global Marketing Code for Human Food ('theCode'). and those listed from time to time in the Companys filings with the Securities and Exchange Commission and the risk factors or uncertainties listed herein or listed in any document incorporated by reference herein. Mars Food Nutrition Criteria The Mars Food Nutrition Criteria sets stretching, industry leading targets to reformulate and enhance our products to create healthier meals. Wrigley, Jr. served as the Companys Chairman of the Board, President and Chief Executive Officer thereunto duly authorized. endstream endobj 71 0 obj <> endobj 72 0 obj <> endobj 73 0 obj <> endobj 74 0 obj <>stream forward-looking statements within the meaning of Section27A of the Securities Act and Section21 E of the Exchange Act. of Stockholders. MARS PETCARE BETTER CITIES FOR PETS 2020 REPORT | 2020, MARS OR AFFILIATES. worldwide. outstanding 216,858,217 shares of Common Stock, no par value, and the aggregate market value of the Common Stock (based upon the closing price of the stock on the New York Stock Exchange on June30, 2007)held by non-affiliates was In 2005, the Company acquired certain 0000435720 00000 n . 0000406493 00000 n in the Companys 2007 Annual Report on page48 and is incorporated herein by reference. December31, 2007. from 2004 until 2006 when he was appointed Executive Chairman and Chairman of the Board of Directors. Carol KnightVice PresidentScientific and Regulatory AffairsDr. cookies 2020 SASB Index. 0000406073 00000 n recognized brand in a growing region. 87 0 obj <>stream Government regulations with respect to import Wrigley products are sold in over 180 countries and, in the over 110years since Wrigley Authorized Signatory and Chief Accounting Officer. Northwestern Flavors, LLC, a domestic wholly-owned materials filed by the Company with the Securities and Exchange Commission are available at the Public Reference Room at 100 F Street, NE, Washington,D.C. 20549. The Companys principal business remains manufacturing and marketing chewing gum and other confectionery products Also, the Company maintains primarily leased branch sales offices and warehouse facilities in the United States and abroad. to carry out the Companys business. KW[Eiu~v]qO)ncUq;No7zsnKoz $}gn XICC_PROFILE HLino mntrRGB XYZ 1 acspMSFT IEC sRGB -HP cprt P 3desc lwtpt bkpt rXYZ gXYZ , bXYZ @ dmnd T pdmdd vued L view $lumi meas $tech 0 rTRC. R)`10(El)L 7v00pLZ8P ~ kp02U80'0260a0C#{1f 2e North AmericaThese operations manufacture and market gum and other confectionery products in the U.S. and Canada. Beneficial Owners. Information regarding director independence is hereby incorporated by reference from pages 8 through 9 of the Companys Proxy Statement under the heading Director Independence., Information regarding principal accountant fees and services is incorporated by reference from the Companys Proxy Statement on page47 under the heading Service Fees Paid to the Independent Registered or leased warehousing facilities. Its business operations span across the Americas, Asia-Pacific, Europe, and the Middle-East. The aggregate market value of the voting and non-voting stock held by non-affiliates of the Registrant, as of March 26, 2021, the last business day of the Registrant's most recently completed second fiscal quarter, was approximately $ 2,021,360,000,000.Solely for purposes of this disclosure, shares of common stock held by executive officers and directors of the Registrant as of such date . Today the company operates four business segments: Petcare, Food, Mars Wrigley, and Mars Edge. The report contains financial data for this period, as well as data since the Fund became operational. Or, at least, an odd arrangement of features that looks an awful lot like a cartoon bear, or maybe a cuddly teddy when viewed from orbit. The closing price of the Companys Common Stock on the New York Stock Exchange on January 15, Financial Information About Foreign and Domestic Operations, Information concerning the Companys operations in different geographic areas for the years ended December31, 2007, 2006 and 2005 is hereby incorporated by reference from the Companys 2007 Annual 0000450751 00000 n In 2007, chewing gum and other confectionery products were manufactured in three factories in the UnitedStates and sixteen factories in other countries. not attached hereto, but the Registrant will furnish then upon request and upon payment to the Registrant of a fee in the amount of $20.00 representing reproduction and handling costs. Incentive Plan and 20,000,000 shares are authorized under the 2007 Management Incentive Plan. calling the Securities and Exchange Commission at 1-800-SEC-0330. PresidentManaging DirectorRussiaMaxim Grishakov was elected Vice President and Managing DirectorRussia in 2007. Descriptions of the various programs under the MIPs are, with. Mars Inc makes some of the most popular candies in the world, including Snickers, M&Ms, Milky Way . Intensely private chocolate and pet care company shows $45bn sales as Poul Weihrauch succeeds Grant Reid. AmericaMs. Access more premium companies when you subscribe to Explorer, Contact the team or request a demo to find out how our data can drive your business forward, Access in-depth analysis, premium industry data, predictive signals, and more on, Transportation, Infrastructure and Logistics, Top 10 Food Companies in Europe in 2020 by Retail Product Sales, Top 10 Food Companies in the US in 2020 by Retail Product Sales, Top 10 Food Companies in the World in 2020 by Retail Product Sales, Top 10 Consumer Packaged Goods Companies in Europe in 2020 by Retail Product Sales, Subscribe to Company Analytics & gain access to premium industry data & analytics, Subscribe to Company Analytics for access to more products & services data, Dive into past operations, including product releases, deals, acquisitions & more, Benchmark the company against the market with exclusive information on key competitors, Vice President - Global Corporate Research and Development; Chief Scientific Officer, Gain more insight into company management & employee structure with Company Analytics, GlobalData Plc 2023 | Registered Office: John Carpenter House, John Carpenter Street, London, EC4Y 0AN, UK | Registered in England No. Henderson was elected Vice PresidentCorporate Communications in 2006. Data may be intentionally delayed pursuant to supplier requirements. See Key findings include that consumers around the world are snacking: Daily - Snacking is a staple: 71% of consumers snack at least twice a day. 2020 Green Bond Report. Report on pages76 and 77, under the caption Segment Information, and on pages 34 through 37 under the caption Results of Operations., Information regarding the Companys annual reports on Form10-K, quarterly reports on Skip to main content . law, the Company undertakes no obligation to update, amend or clarify forward-looking statements, whether as a result of new information, future events, or otherwise. duties, tariffs, taxes and environmental controls, both in and outside the United States, could negatively impact the Companys costs and ability to compete in domestic or foreign marketplaces. Meet Americas Best Midsize Employers 2023, Want Happier Paydays? 0000406515 00000 n There was no change in the Companys internal control over financial reporting during the Made by Mars Made by Mars Associates at Mars are everyday heroes. privately-held Spanish conglomerate. This annual report provides a brief description of the major operations initiated with SFERA funds for the 12-month period ending 31 December 2021. Disclosure about market risk is set forth on pages 40 and 41 of the Companys 2007 Annual Report under the heading Market Risk and is incorporated herein by reference. Governmental regulations. y[Wvq%mu Z P.sw,?[yb} GP020tI7ivukO1"e_t 8>3} uodcUELI,JEOI ,cUSG-OeR0U|9\2|OOT,3H+j^Mdz-Q{$p0^TY{$bQ53h:-o[%-4^_f? OfficerDr. You can also browse our annually audited financials. Trumps team reportedly turned over the latest batch of documents and the aides laptop to the Justice Department in December and January. Add this topic to your myFT Digest for news straight to your inbox, Worlds largest confectionery maker on track to double the value of sales in developing countries in five years, The food industry veteran has been a key figure in diversifying the group and making the private company a little less opaque, Candy and pet food group is in its 111th year of business, Intensely private chocolate and pet care company shows $45bn sales as Poul Weihrauch succeeds Grant Reid, Confectioners including Mars and Hershey accused of trying to circumvent living income premium, Rice range will be renamed Bens Original, Former CFO of groups petcare unit claims board member stamped on his foot when he left for JAB, Consumer companies forced to rethink stereotypes in wake of protests, Lawsuit is unwelcome headache for investment vehicle of Germanys billionaire Reimann family, US lawsuit alleges former Mars executive shared planning documents and financial results, The Mars chairman has a formula to give the private family group a wider say on public issues, Deal values snacks group with $700m in annual sales at $4bn, Confectionery group pushes further into pet care business as chocolate sales stall, Grant Reid says failure to hit Paris targets will be catastrophic for the planet, US launch for Maltesers is a bet on growing demand for bite-sized chocolate, Group highlights risk of high tariffs if UK does not get a good trade deal with EU, VCA acquisition will build groups presence in animal hospitals and laboratories, Full merger with chewing gum maker comes as US confectionery market faces slow growth, Third-generation leader expanded the family company around the world, The global president of Mars foods wants to change the script on food labelling and healthy eating, Leading multinationals want access to single market for British arms, Strawberry iced doggy treats are on the menu with wheatgrass, quinoa and wild venison, Voluntary recall covers brands made at Netherlands plant, including Snickers and Milky Way, Russian far-right fighter claims border stunt exposes Putins weakness, Germany and Italy stall EU ban on combustion engines, Germany seeks to buy Leopard tanks from Switzerland, Something is boiling: Turkish football fans tackle Erdoan, Three-day weekends and more time for love: Chinas elite dream up policies for Xi, Saudi owner of Londons most expensive house sued over alleged unpaid private jet bills, Panic station at Fox News: how the Murdochs agonised over Trumps loss, UK housing market braced for make-or-break spring, Harrods chief shrugs off recession fears because rich get richer. Saveliev was elected Group Vice President and Managing DirectorEast/South Europe in 2007. In 2001, Mr.Petrovich was elected Vice PresidentPeople, Learning I$RI$I%)$IJI$RI$ dq!IIm,t!I$JRI$IJ'I%R'I%SI'In8% IT$"I:P8VII4% IT$$Od~nQr,wdw~(G{IiH__y=$9$IJI$RI:JY$LN $%poow/`;J/h!?*d&TJ]IS\ =vL/qKrl lOWHRiB{J'%I=OI*E.IM~ F^'t0PG!p~Vl? ;5kOa?^P7GB>n hK% Assuming all shares of outstanding Assuming all shares of outstanding ClassB Common Stock were converted into Common Stock, the aggregate market value of Common Stock held by #lB3p`#a`tvD;}r 0ZQIAi)Z ~GU*B'w)&5$ u%&W}E>jv3Wj].N!5Ir+hv ~q ($BxJGOm|~* pK7zdcA%pU[f$Ou]^F=Y`beivxu#pwf_L{r1^#6i= J-"]j{},`5T&OOIH s 2'oswZP>Qp< %iRO>j:*dz0nm~ |l `mR FkVc/<2li'Qk tOpcK:r]oM7X-==/t Qn4 Outcome of integrating acquired businesses. Mars, Incorporated (Mars) is a privately-held company, primarily engaged in the manufacture and sale of . 2020 Sustainability Report Summary. In 2021, we celebrated our history, our culture and the enduring purpose that guides Roche's next . Information regarding directors and nominees for directorship is set forth in the Companys Proxy Statement on pages5 through 7 under the caption Election of ClassIII Directors and is %%EOF In at December31, 2007, and 2006 and for each of the three years in the period ended December31, 2007, are set forth in the Companys 2007 Annual Report on pages47 through 77, and selected unaudited quarterly data-consolidated includes some office and warehouse facilities. definition of accelerated filer and large accelerated filer in Rule12b-2 of the Exchange Act. When you're ready click build report to download the PDF. Mitchell was elected Vice PresidentWorldwide Procurement and Chief Procurement Officer in 2006 with responsibility for the Companys global As of June30, 2007, there were Corporate Governance and Nominating Committee are set forth in the Companys Proxy Statement on pages8 through 14 under the caption Corporate Governance and is incorporated herein by reference. Data incorporated by reference from the Companys Annual Report: Consolidated statement of earnings for the years ended December31, 2007, 2006 and 2005, Consolidated balance sheet as of December31, 2006 and 2007, Consolidated statement of cash flows for the years ended December31, 2007, 2006 and 2005, Consolidated statement of stockholders equity for the years ended December31, 2007, 2006 and 2005, Accounting policies and notes to consolidated financial statements, Consolidated financial statement schedule for the years ended December31, 2007, 2006 and 2005 ScheduleII Valuation and manufacturers. Information relating to the cost incurred by the Company for research and development in each of the last three fiscal years is set forth

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