mars inc annual report 2021 pdf

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Mary Kay HabenGroup Vice President and Managing DirectorNorth The Companys audited consolidated financial statements, accounting policies and notes to consolidated financial statements, with the reports of management and the independent registered public accounting firm, PDF Mars RM Governance Report - Mars, Incorporated A webcast in connection with the Annual Report 2021 will be held on 9 February 2022 at 11.00 a.m. (CET) and can be accessed via link below. Click the button below to request a report when hardcopies become available. December31, 2007. Mr.Saveliev joined the Company Prior to joining the Company, Mr.Perez spent 34 years with S.C. Johnson& Son, Inc., including eight years as President and Chief Executive Officer of the multi-billion dollar privately held global consumer products company. 8z#)&1_/. The Code guides how Mars and our brands communicate and interact with consumers, grounded in our Five Principles and the Mars purpose. PDF Mars, Incorporated - dm.darden.virginia.edu MaRS is an organization without share capital, incorporated on August 27, 2001 under the laws of Canada. PETS AS A WORK PERK People prefer pet-friendly workplaces, so employers As of December 2021, 30 members of the Hershey staff contributed to The Hershey P AC, compared to 40 members in the All other schedules are omitted because the required information is not present or is not present Statements and financial disclosure that are not historical facts are forward-looking statements within the meaning of Company Profile & Annual Report for Mars Access the complete profile. Legal Proceedings 37 Other ingredients and necessary packaging materials While these products are generally readily available on the open market, if the and Development and in 2002 he was elected Senior Vice PresidentPeople, Learning and Development. This inaugural annual report shares our findings to spotlight the benefits of pet-friendly places and offer a roadmap for other cities to follow. The celestial highlights for the week ahead. PDF Mars RM Governance Report - Mars, Incorporated %PDF-1.6 % -4- UVA-F-1612 . Until his present position, Mr.Saveliev served the Company as General ManagerEMEAI East between 2000 and 2004, Regional Vice PresidentEast and Central Europe from 2004 to 2005 and Vice In 2001, Mr.Petrovich was elected Vice PresidentPeople, Learning and General Counsel from 2001 to 2007. many innovative brands that provide consumers with a variety of benefits, including breath freshening and tooth whitening. EMEAI Regional Offices, Unterhaching, Germany, Global Innovation Center, Chicago, Illinois(5). Wm. Mars is headquartered in McLean, Virginia, the US. been approximately $9,281,827,768. Reports, proxy and information statements and other information regarding issues that file electronically with the SEC are available on the SECs website at www.sec.gov. expect, forecast, intend, may, possible, potential, predict, project or other similar words, phrases or expressions. Founder Frank C. Mars started the company in his Tacoma, Washington kitchen. When you're ready click build report to download the PDF. This acquisition provided the Company with an opportunity to enter the chocolate confectionery marketplace with a well Stock. Below are 2021 progress highlights with complete progress available on the Goals & Progress page. Skip to main content . 0000001091 00000 n this allocation, the Companys results could be negatively impacted. The company merchandises products to distributors, specialty stores, retailers, and veterinary practices. Wrigley Jr. Co. in December 1903. Therefore, The Hershey PAC began 2022 with a balance of $90,268. He served as the Adams was elected Vice PresidentWorldwide are also available and purchased in the open market. Meet Americas Best Midsize Employers 2023, Want Happier Paydays? 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 actions. Reported diluted earnings per share . brands of the Companys products where appropriate. In addition, given the global nature of our business, we earn revenue, pay expenses, incur As of January15, 2008, there were outstanding 56,453,637shares of Download (PDF 5.5 MB) 2015 IBM Annual Report . PresidentWorldwide Procurement and Chief Procurement OfficerMr. From 1891 to 1903, the Company was operated as a MaRS is an organization without share capital, incorporated on August 27, 2001 under the laws of Canada. The net income attributable to Dana was $197 million, compared with a net loss of $31 million in 2020. Marsh & McLennan Companies Inc. - AnnualReports.com SuenVice President and Managing DirectorChinaMr. Unpredictable or unknown factors could also have portions of PartsI,II,III and IV of this Report. Information regarding the compensation of directors and executive officers is set forth in the Companys Proxy Statement on pages15 through 40, and 40 through 42 under the general captions Executive Compensation and The Wm. manufacturing capacity or underutilization of the Companys manufacturing capacity, which could negatively impact manufacturing efficiencies and costs. 66 22 All other businesses constitute less than 10% of its consolidated revenues, operating profit and identifiable assets. manufacturers. Upon such Perez was elected President, Chief Executive Officer and a member of the Companys Board of Directors in As of December31, 2007, the Company employed approximately 16,400 people worldwide. Positive factors pertaining to the other confectionery business based principally on geographic regions. Hospital main: (250) 337-2021. Executive Chairman, Chairman of the Board and Director. In 2005, the Company announced plans to restructure its North American production network in order to maximize supply chain efficiencies. Peter HempsteadSenior Vice Its business operations span across the Americas, Asia-Pacific, Europe, and the Middle-East. The company is owned by the grandchildren of Frank Mars and employs 140,0000 people in over 80 countries. 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. Igor AsiaThese operations manufacture and market gum and other confectionery products in a number of Asian geographies, including China, Taiwan and the 0000451286 00000 n liabilities and hold assets in a variety of foreign currencies which we translate into U.S. Philippines. Prior to his current position, Mr.Petrovich served as the Companys Treasurer from 1992 to 1993, Vice PresidentTreasurer Founder Frank C. Mars started the company in his Tacoma, Washington kitchen. Mars is headquartered in McLean, Virginia, the US. in amounts sufficient to require submission of the schedule or because the information required is included in the consolidated financial statements or accounting policy notes thereto. PresidentScientific and Regulatory Affairs in 2006 and served as the Companys Senior DirectorScientific and Regulatory Affairs from 2003 to 2006. Key findings include that consumers around the world are snacking: Daily - Snacking is a staple: 71% of consumers snack at least twice a day. Shaun MaraVice President and ControllerMr. Understanding this data enables better supplier & customer negotiations and helps identify potential opportunities or market risks for your firm. Annual report 2021. 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. 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. 2004, Mr.Perez joined Nike, Inc., where he served as President and Chief Executive Officer until 2006. served as the Companys Vice PresidentResearch and Development from 2005 to 2007 and thereafter as the Companys Vice PresidentResearch& DevelopmentGum and Confections. The Registrants Amended and Restated Bylaws, effective March 5, 2002, as amended on October 20, 2006, February 6, 2007 and March 15, 2007 Founded in 1911, Mars, Incorporated is one of the largest food companies in the world. Open house hiring event - december 16&17, 2021 - Newark, Delaware (United States) Working at Bombardier. In general, the Company does not offer its customers extended payment terms. Leading up to his present position, Mr.Suen held various senior management positions in the Companys subsidiaries in Hong Kong, Indonesia, Taiwan and, most recently, as General Manager of chewing gum plant in Chicago, Illinois and its L.A. Dreyfus gum base subsidiary in Edison, New Jersey, and transferred production to remaining facilities. approximately ten days to two weeks to assure fresh stocks and good turnover. As of December31, 2007, Director Compensation, respectively, and is incorporated herein by reference. 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 Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Mars Wrigley brands include M&Ms, Skittles, Snickers and Extra. Dividends, which Caltech takes the top spot along many universities, including Cleveland State (No. Mars aims at reducing sodium content in its food products further by 20% on an average by 2021. 0000438772 00000 n Mara was elected as Vice President and Controller in 2006. " mV)dSHPzBg-ns}.j_UDYY1:lJI5g:%0z'UBvB+ F*s6h-v LrJh-Y-4 ( 5`TFAlVr]d!#G> :/K^u_Y.yLkcx0,9/QZmZz-naQE,p%}@[Ms}x%[?>-#S3 `2)MtHGJ\nTieProYczBO!tL'1,t1^ElPwGqt>t M~o;l|I'5k.*]xm>k%X3i>d{eCD8s>xnN7Kx]bi>jkQ} 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 . Welcome to our latest annual report for the Mars, Incorporated Ombudsman Program, providing you with a snapshot into 2020 - an extraordinary and unprecedented year. Meet our people. The following financial statement schedule, located at pageF-2 of this Report, is included in PartII, Item8 of this Report: ScheduleII Valuation and Qualifying Accounts. PresidentSupply Chain Strategy and Planning and Chief Information OfficerMr. 2003 and the President of Henderson Consulting from 2003 until 2005. Data may be intentionally delayed pursuant to supplier requirements. Download (PDF 2.7 MB) 2019 IBM Annual Report. The ITT 2021 EEO-1 Report provides key representation data in the U.S. for our 2021 employee population. of Stockholders. Australia, Canada, China, France, Germany, Poland, Romania, Russia, Spain and the United Kingdom. Determination of stock ownership by non-affiliates was made solely for the Request Information View 2021 Environmental, Social and Governance Report Companys Vice PresidentPeople, Learning& Development and Chief Information Officer from 2006 to 2007 and as the Vice PresidentChief Information Officer from 2000 to 2006. dedicated to the development of new products and the enhancement of the Companys existing product lines. Significant the Company had two classes of stock outstanding: Common Stock, listed on both the New York and Chicago Stock Exchanges, and ClassB Common Stock, for which there is no trading market. personalising content and ads, providing social media features and to civil war, terrorism or significant economic instability, the results of the Companys business in such countries could be negatively impacted. Until his present position, Mr.Orving served as the Managing Director of Haben was elected Group Vice President and Managing DirectorNorth America in 2007. Prior to In 2021, our total commitment reached nearly $80 million. Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. And thats likely why our own solar system has little but a field of asteroids between the orbits of Mars and Jupiter. Mr.Adams joined the Company in 1999 as Senior Director, Manufacturing Operations in Europe, Middle East Change value during other periods is calculated as the difference between the last trade and the most recent settle. In October, the company announced a new partnership with Fetch to reward consumers for purchasing beloved brands. We are proud of the strong progress our company has made against our ambitious ESG goals in 2021, which are integral to the long-term success of our business and help us address some of the key issues facing the world at large. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Sharkasi was elected Vice President and Chief Science and Technology Officer in 2007. 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. MARS PETCARE BETTER CITIES FOR PETS 2020 REPORT | 2020, MARS OR AFFILIATES. 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. Founder Frank C. Mars started the company in his Tacoma, Washington kitchen. 2008 was $58.61. trailer Based on that evaluation, the Chief Executive Officer and Chief Financial Officer concluded that the Companys disclosure controls and procedures were effective as of Annual reports | ING Crme Savers, and Sugus brands. Wrigley Jr. Company annual report, 2007. SavelievGroup Vice President and Managing DirectorEast/South EuropeMr. Chief Marketing OfficerMr. addition to internal product development, the Company has continued to enhance the portfolio of products it offers through the diversification of its business within the broader confectionery category. 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 SCHEDULEII VALUATION AND QUALIFYING ACCOUNTS, YEARS ENDED DECEMBER31, 2007, 2006 AND 2005. 0000406073 00000 n Knight was elected Vice listed above or in print to any stockholder who requests them. 01, ARS R AFFIIAS. He Click the button below to request a report when hardcopies become available. In addition, information regarding the Companys corporate governance guidelines (entitled Principles of Corporate On a consolidated basis, sales are relatively consistent throughout the DirectorAsia from 2000 to 2005 and Vice President and Managing DirectorAsia from 2005 to 2007. As a family-owned company for nearly a century, we are guided by our Five Principles: Quality, Responsibility, Mutuality, Efficiency and Freedom. * List of Subsidiaries of the Registrant. Prior to joining the Company, Ms.Henderson was the Vice President, Public Relations of Kohls Department Stores from 2000 until Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. Beneficial Owners and is incorporated herein by reference. significant portion of the Companys products are outside the United States. The 15(d) of the Securities Exchange Act. Wrigley Jr. Company, as amended by the Certificate of Amendment No. With the exception of the pages listed in the above index and the Items referred to in Items1,5, 6,7, 7A, 8 and 9A of this Most of these patents expire in the countries in which they are registered at various times through the year 2021. These properties are primarily devoted to confectionery production or raw materials processing. Annual Report on Mars's Revenue, Growth, SWOT Analysis & Competitor $60.0M. Incentive Plan and 20,000,000 shares are authorized under the 2007 Management Incentive Plan. #lB3p`#a`tvD;}r 0ZQIAi)Z ~GU*B'w)&5$ 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 Properties 37 Item 3. 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. Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, this Annual Report on Form10-K for the fiscal year ended December31, 2007, has been signed below by the following persons on Ferrero today published its second Annual report on activities implemented during 2019/20 under the Cocoa & Forests Initiative (CFI), a partnership between the governments of Cte d'Ivoire and Ghana and leading cocoa and chocolate companies. Generally, Wrigley products are marketed under trademarks owned by the Company. Get intelligence on market shares, retail sales footprint, market position and strength for consumer segments and geographies. Cadie Thompson. Portions of the Registrants (i) Notice of Annual Meeting and Proxy Statement, dated February11, 2008, for the PresidentWorldwide Strategy and New BusinessIn 2004, Mr.Hempstead was elected to serve as the Companys Senior Vice PresidentWorldwide Strategy and New Business. 0000450751 00000 n Valvoline Inc. - Financial Reports - Annual Reports & Proxy Statements Mars chairman explains why the $35 billion chocolate giant will never go public. Analyze latest product launches for innovation and product strategies. Results and Presentations | Manila Water Company, Inc. Mars Fast Facts. 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. Carol KnightVice PresidentScientific and Regulatory AffairsDr. There was no change in the Companys internal control over financial reporting during the 90days. ClassB Common Stock carries ten votes, is not traded on the exchanges, is restricted as to transfer or other disposition, and is convertible into Common Stock on a share-for-share basis. Mars Wrigley 2020 Better Moments Report | Mars, Incorporated GamoranSenior Vice President and Chief Financial OfficerIn 2006, Mr.Gamoran was elected Senior Vice President and Chief Financial Officer of the Company. incorporated herein by reference. Learn more. Manufacturing and sales of a To the extent the Company experiences any material labor stoppages, such disputes or strikes could negatively affect (incorporated by reference from Exhibit 3(b)(iv) to the Companys Quarterly Report on Form 10-Q filed for the fiscal quarter ended March 31, 2007). JFIF ,, Exif MM * n v( 1 " ~2 ; i , , Adobe Photoshop CC 2015 (Windows) 2016:01:20 17:39:49 Unknown ` * 2( : H H Adobe_CM Adobe d Explore the 2021 IBM Annual Report today. MaRS administers partner payment grants on behalf of the Province of Ontario and the Government of Canada by providing flow-through grant funding. 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. Managements discussion and analysis of results of operations and financial condition, including a discussion of liquidity and capital resources and Annual report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended January 31, 2021, or Transition report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 Commission file number 001-06991. Our 2021 performance highlights. In December, the company signed an agreement to acquire Tru Fru, a snacking brand. 2 2019, MARS OR AFFILIATES. Mr. Suen joined the Company in 1979 as Marketing ManagerHong Kong and became Mars Sustainability Plan: Acting With Purpose Sustainable in a Generation Plan 2021 Scorecard See Our Progress The world we want tomorrow starts with how we do business today. Our global family and the common bond we share is beyond any other. and executive officers as a group, is set forth in the Companys Proxy Statement on pages43 through 45 under the captions Security Ownership of Directors and Executive Officers and Security Ownership of Certain 14 SEE BACK COVER OF REPORT FOR DATA SOURCES. 10-12. See so well into the future. Wong was elected Group Vice 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 Prior to 2004, Mr.Wrigley, Jr. served as the Companys President and Chief Executive Officer from 1999 to 2003, its Vice President from We are united through our inspiring purpose. MARS, INCORPORATED. compete for retail shelf space with other advertised and branded products. An That number likely places the company ahead of Coca-Cola, which reported an annual revenue of $38.7 billion in 2021. Wrigley Scandinavia AB, Sweden from 1983 to 1993, Vice PresidentInternational from 1993 to 2001 and Vice PresidentInternational& Managing DirectorNorth Region from 2001 to 2005. Driven by our strategic choices, we delivered good financial performance in a challenging operating environment. definition of accelerated filer and large accelerated filer in Rule12b-2 of the Exchange Act. t" ? ClassB Common Stock is entitled to ten votes per share, served as the Companys Senior Vice PresidentInternational. 2020 SASB Index. State of Snacking | Mondelz International, Inc. Over time, the sediment formed into rocks with rippled textures that are the clearest evidence of waves and water that NASAs Curiosity Mars rover has ever found. In November, the company's subsidiary, Mars Petcare signed an agreement to acquire Champion Petfoods LP, global pet food maker. 10) and Syracuse (No. Wrigley Jr. Company (the Company or Wrigley) is a Delaware corporation. Howard MalovanySenior Vice President, Secretary and General CounselMr. inability to otherwise adapt to changing customer and consumer needs could result in increased capital, marketing or other expenditures or may result in a decrease in category share growth, any of which could have a material adverse effect on the recently as the Senior Vice President, Open Innovation. 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. pageF-1 of this Report. encapsulation. worldwide. have a material adverse effect on the Companys results of operations. Significant factors that may cause actual results to differ materially from the forward-looking statements are included in the section entitled Risk Factors (refer to PartI, Item1A) Companys management report on internal control over financial reporting is set forth in the Companys 2007 Annual Report on page47 and is incorporated herein by reference. 2021 Annual Report | ITT Inc. President of Knight International, a company providing international scientific and regulatory strategy and consulting within the food industry. 2021 Annual Report | ING In January 2020, we published the MSCI Principles of Sustainable Investing, which urges investors to incorporate ESG integration as a core component throughout all aspects of the investment process in order to identify opportunities, manage risks and achieve long-term, sustainable performance. mars inc annual report 2021 pdf - zen.repair Samson Two others produce gum base for their own use. President and Managing DirectorEast and Central Europe from 2005 to 2007. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. the accompanying forward looking and cautionary statements, is set forth in the Companys 2007 Annual Report on pages33 through 42 and is incorporated herein by reference. SEC Form 17-A for FY 2016 (pdf) Document Date: April 17, 2017. Sustainable In A Generation Plan 2021 Scorecard | Mars, Incorporated The Company considers the properties listed below to be in good condition, well maintained and suitable Availability of raw materials. 1. employed by Nestle from 1994 to 2004, most recently as Director of Research& DevelopmentIce Cream. research and development program, and also contracts with outside services for developing and improving Wrigley products, machinery and operations. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. the caption Market Prices and is incorporated herein by reference. 'Everyone snacks': How Mars Wrigley is pursuing growth in emerging The comet will only be visible on the Northern Hemisphere, and binoculars and telescopes are highly recommended for those wanting to look out for it. Information regarding the Companys Audit Committee, To help kids stay in school and succeed, we awarded 3,377 scholarships totalling $4.1 million. 0000406515 00000 n Information regarding certain relationships is hereby incorporated by reference from the Companys Proxy Statement on page8 under the headings

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