mars inc annual report 2021 pdf

Unpredictable or unknown factors could also have As of January15, 2008, there were outstanding 56,453,637shares of 2019. Information relating to the cost incurred by the Company for research and development in each of the last three fiscal years is set forth Upon such Information regarding security ownership of certain beneficial owners, of all directors and nominees, of the named executive officers, and of directors Performance Metrics. Information regarding the The Company actively monitors the registrations of its trademark and patent 90days. Mars, Incorporated (Mars) is a privately-held company, primarily engaged in the manufacture and sale of . Alan J. SchneiderVice President and TreasurerMr. Companys inability to successfully integrate any acquired businesses or assets could cause actual results to differ from anticipated results or expectations of the business. MaRS is an organization without share capital, incorporated on August 27, 2001 under the laws of Canada. Blas Maquivar is president of global emerging markets at Mars Wrigley, the maker of iconic global brands, including M&Ms, Snickers, Twix, Skittles, Starburst, Lifesavers, and Doublemint. This report and any documents incorporated by reference may include The Company considers the properties listed below to be in good condition, well maintained and suitable year. Petrovich was elected Senior Vice President and Chief Administrative Officer in 2004. 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. Shares of the ClassB Common Stock were issued by the Mars, Incorporated is an American multinational manufacturer of confectionery, pet food, and other food products and a provider of animal care services, with US$40 billion in annual sales in 2021.. Mars was ranked as the fourth-largest privately held company in the United States by Forbes. In November 1910, the Company was reincorporated under West Virginia law as Wm. We are united through our inspiring purpose. Jon OrvingVice PresidentNordicMr. of Stockholders. Cadie Thompson. Prior to joining the Company, Ms.Haben spent 27 years with Kraft, Inc., a multi-billion dollar global food company, most Donagh HerlihyVice Copies of Exhibits are The net income attributable to Dana was $197 million, compared with a net loss of $31 million in 2020. manufacturers. Risk Factors 18 Item 1B. competing for a share of the confectionery business. There were no arrangements or understandings between any of the officers and any other person(s) pursuant to which such officers were elected. Korkunov, a privately held premium chocolate company in Russia. Form10-Q, current reports on Form8-K, and any amendments to these reports, will be made available in print, free of charge, to any stockholder who request them, or at the Companys internet website at www.wrigley.com, as soon. Copies of Marsh McLennan annual reports and Forms 10-K and 10-Q are available on the Company's website. 66 22 The positions and ages listed below are as of December31, 2007. In addition, information regarding the Companys corporate governance guidelines (entitled Principles of Corporate Additionally, shares of ClassB Common Stock were issued pursuant to a one-time 5 for 4 stock split (in the form of a 25% stock dividend) in which one share of In addition, given the global nature of our business, we earn revenue, pay expenses, incur The report contains financial data for this period, as well as data since the Fund became operational. By using our website or by closing this message box, you agree to our use of browser capability checks, and to our use of cookies as described in our Cookie Policy. Related by Industry: Food, Soft Beverages, Alcohol & Tobacco, Located in Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Area. Mars Fast Facts. 2021. . expect, forecast, intend, may, possible, potential, predict, project or other similar words, phrases or expressions. I$RI$I%)$IJI$JNJd-$I Trumps team reportedly turned over the latest batch of documents and the aides laptop to the Justice Department in December and January. An In December, the company signed an agreement to acquire Tru Fru, a snacking brand. 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. Today the company operates four business segments: Petcare, Food, Mars Wrigley, and Mars Edge. Descriptions of the Companys reportable segments are as follows. Billions of years ago, waves on the surface of a shallow lake stirred up sediment at the lake bottom. Beneficial Owners and is incorporated herein by reference. PETS AS A WORK PERK People prefer pet-friendly workplaces, so employers For financial reporting purposes, management organizes the Companys chewing gum and Mars reveals bigger revenues than Coca-Cola as it appoints new chief executive. Download (PDF 5.5 MB) 2015 IBM Annual Report . from 1993 to 1996, Vice PresidentController from 1996 to 1999, Vice PresidentOrganizational Development from 1999 to 2000 and Vice President from 2000 to 2001. What If There Was A Super Earth Sandwiched Between Mars And Jupiter? (c) Issuer Purchases of Improve competitive bidding with insights into all publicly disclosed IT services contracts for Mars Inc (including IT outsourcing, business process outsourcing, systems integration & consulting and more). Australia, Canada, China, France, Germany, Poland, Romania, Russia, Spain and the United Kingdom. The confectionery business is an intensely competitive one as all of the Companys brands Companys operating results. 1. non-chocolate confectionery assets from Kraft Foods Global, Inc., including the purchase of the Life Savers, Altoids, 2021 ESG Report ESG / Activity Report - May 10, 2022. If the Company is not able to retain 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 Download (PDF 3.5 MB) 2017 IBM Annual Report. The attestation report of Ernst& Young LLP, the Companys independent registered public accounting firm, on the effectiveness of the Companys internal control over financial reporting is set forth From start-ups to market leaders, uncover what they do andhow they do it. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Until his present position, Mr.Orving served as the Managing Director of distributes its products, principal elements of competition are a combination of competitive profit margins to the trade, level of product quality, brand recognition, product benefit and a fair consumer price. ClassB Common Stock is entitled to ten votes per share, All this was possible thanks to the commitment and extraordinary dedication of all Desjardins directors and employees to achieve our mission. accelerated filerAccelerated filerNon-accelerated filer, Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Securities Exchange Act of 1934). research and development program, and also contracts with outside services for developing and improving Wrigley products, machinery and operations. PresidentManaging DirectorRussiaMaxim Grishakov was elected Vice President and Managing DirectorRussia in 2007. On January31, 2007, the Company acquired an 80percent initial interest in A. worldwide. listed above or in print to any stockholder who requests them. forward-looking statements are reasonable, they are based upon a number of assumptions concerning future conditions, any or all of which may ultimately prove to be inaccurate. Perez was elected President, Chief Executive Officer and a member of the Companys Board of Directors in These documents also may be requested by contacting: Marsh & McLennan Companies, Inc. Investor Relations 1166 Avenue of the Americas New York, NY 10036 Telephone: 212 345 1227 Website: mmc.com Email: [email protected] 01, ARS R AFFIIAS. startxref During 2021, eligible Hershey employees contributed an additional $22,687. Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. Prior to joining the Company, from 2000 to 2003, Dr.Knight served as the Unanticipated movements in consumer demands could result in inadequate Companys fourth fiscal quarter ended December31, 2007, that has materially affected, or is reasonably likely to materially affect, the Companys internal control over financial reporting. John AdamsVice PresidentWorldwide Supply ChainMr. Mars also operates pet hospitals under Banfield banner in the US and Canada. In November, the company's subsidiary, Mars Petcare signed an agreement to acquire Champion Petfoods LP, global pet food maker. 2020 Green Bond Report. It is typical for the general customer of the wholesale trade to purchase chewing gum and other confectionery requirements at intervals of Changes in demographics and consumer preference. Martin SchlatterVice President and Company Profile & Annual Report for Mars Access the complete profile. OfficerDr. To the extent there is political or social unrest, Click the button below to request a report when hardcopies become available. I$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% Consider These 20 Companies, Drag Queen Protest Goes Global: British Story Reading Event Marred By Protest, Arrest, Jeff Bezos Blue Origin Bags New NASA Contract For Mars Mission, Azzi & Ostas Latest Couture Collection Is Futuristic For A World Ready To Live On Mars, NASAs Curiosity Rover Finds First Traces Of A Fossil Lake On Mars, Comet Tracker: Where And When To See The Green Comet Whizz Past Red Mars This Weekend, How To Watch The Green Comet This Week As It Passes By Mars, See The Green Comet Beside Mars: The Night Sky This Week, NASA Spots A Bear Carved Into The Surface Of Mars, Ataris Caverns Of Mars: Recharged Comes To PC And Consoles In 2023, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Our 2021 budget has a projected income of $26850 and expenses of $28521. Qualifying Accounts. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Prior Save . Mike has committed the vast majority of the profits from Bloomberg L.P., the global financial technology, data . Today's Commitments to a Sustainable Tomorrow. Its business operations span across the Americas, Asia-Pacific, Europe, and the Middle-East. served as the Companys Senior Vice PresidentInternational. In the gum category, the Company is a worldwide leader. Prior to his current position, Mr.Wong served as the Companys Regional Managing DirectorNorth Asia from 1998 to 2000, Vice PresidentInternational& Managing The Company holds numerous patents and patent applications relating to packaging, 0000388281 00000 n Failure to adequately anticipate and react to changing demographics and product preferences, the failure of new or existing products to be favorably received or the Companys Our Annual Report contains further commentary on our . Information regarding the high and low sales price for the Common Stock for each full quarterly period within the two most recently completed fiscal years is set forth in the Companys 2007 Annual Report on page43 under 0000406493 00000 n The Companys Chief Executive Officer and Chief Financial Officer conducted an evaluation of the 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. Oct 21, 2021. This brings the total number of healthy meals provided by Mars Food to more than four billion. (b) Attestation report of the registered public accounting firm. There was no change in the Companys internal control over financial reporting during the Determination of stock ownership by non-affiliates was made solely for the purpose of this requirement, and the Registrant is not bound by these determinations for any other purpose. Proxy Statement, which descriptions are incorporated herein by reference. 2020. non-affiliates on January15, 2008 (based upon the closing price of the stock on the New York Stock Exchange on such date) would have been approximately $9,911,111,670. We are pleased to present Mars third annual governance report that tracks our progress in implementing the commitments in our Mars Global Marketing Code for Human Food the Code for 9. Founded in 1911, Mars, Incorporated is one of the largest food companies in the world. All Rights Reserved. thereunto duly authorized. ClassB Common Stock carries ten votes per share, is not traded on the exchanges, is restricted as Saveliev was elected Group Vice President and Managing DirectorEast/South Europe in 2007. Mars is headquartered in McLean, Virginia, the US. manufacturing processes and product formulas, including approximately 200 significant patents relating to packaging, chewing gum confection processing, product formula and sweetener. pages76 and 77 of the Companys 2007 Annual Report under the caption Segment Information, which information is incorporated herein by reference. 0000406073 00000 n Act of 1934 during the preceding 12months (or for such shorter period that the Registrant was required to file such reports), and (2)has been subject to such filing requirements for the past Peter HempsteadSenior Vice Wrigley products are sold in over 180 countries and, in the over 110years since Wrigley behalf of the Registrant and in the capacities and on the dates indicated. ClassB Common Stock were converted into Common Stock, the aggregate market value of Common Stock held by non-affiliates on June30, 2007 (based upon the closing price of the stock on the New York Stock Exchange on such date) would have The fourth annual State of Snacking report highlights the expanded role of snacking - as snacking increasingly replaces traditional meals in consumers' lives. SEC Form 17-A (Annual Report for the year ended 2021) Part 1 (pdf) Document Date: April 15, 2021. and Africa, and in 2001, served as Senior Director, Supply Chain.

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