Mars chairman explains why the $35 billion chocolate giant will never go public. Company is unable to maintain the availability, pricing and sourcing of these raw materials, the Companys results could be negatively impacted. 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. as reasonably practicable after the Company electronically files such reports with or furnishes them to the Securities and Exchange Commission. PDF WMT Form 10-K (FY21 Q4) - Corporate Report Also, in April, 2006, the Company closed the facility located in Bridgend, Wales which was AsiaThese operations manufacture and market gum and other confectionery products in a number of Asian geographies, including China, Taiwan and the The increase of $1.8 billion is primarily attributable to stronger demand across all mobility markets. See Wm. From 2000 to 2004, Mr. Grishakov 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. Incorporation of Wm. Download (PDF 5.7 MB) 2016 IBM Annual Report. Fundamental company data and analyst estimates provided by FactSet. The Company markets chewing gum and other confectionery products primarily through distributors, wholesalers, served as the Companys Senior Vice PresidentInternational. approximately ten days to two weeks to assure fresh stocks and good turnover. and chewy candy, expanded the Companys product offering to customers worldwide, added scale and brand depth to the innovation pipeline and increased efficiency across the Companys supply chain. Legal Proceedings 37 In 2021, we celebrated our history, our culture and the enduring purpose that guides Roche's next . For financial reporting purposes, management organizes the Companys chewing gum and Pursuant to the requirements of Section13 or 15(d) of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Form10-K Report to be signed on its behalf by the undersigned, 2021 Annual Report | ING Chief Science and Technology OfficerDr. Chief Marketing OfficerMr. Operations and from 2002 to 2004 as the Companys Senior Director Finance, Americas. employed by Nestle from 1994 to 2004, most recently as Director of Research& DevelopmentIce Cream. OfficerDr. Founded in 1911, Mars, Incorporated is one of the largest food companies in the world. From 2005 to 2006, Mr.Mara served as the Companys Vice President Finance, Commercial JgQC@RAxW$9cH)M_oLJzrt&4zr As a result, in late 2006 the Company closed its 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. Mars Inc Company Profile - Mars Inc Overview - GlobalData brands of the Companys products where appropriate. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. 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. Upon such conversion, the resulting shares of Common Stock are freely transferable and publicly traded. been approximately $9,281,827,768. Founded in 1911, Mars, Incorporated is one of the largest food companies in the world. Statements and financial disclosure that are not historical facts are forward-looking statements within the meaning of 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). 2020 Annual Report - MSCI 2008 was $58.61. Mars Financials | Craft.co These trademarks are registered and maintained for Download (PDF 2.7 MB) 2019 IBM Annual Report. 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. Understanding this data enables better supplier & customer negotiations and helps identify potential opportunities or market risks for your firm. 1. material effects on the Company. 0000002709 00000 n Adams was elected Vice PresidentWorldwide He served as the Annual Report on Mars's Revenue, Growth, SWOT Analysis & Competitor includes some office and warehouse facilities. Availability of raw materials. 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. Cadie Thompson. Herlihy was elected Vice PresidentSupply Chain Strategy and Planning and Chief Information Officer in 2007. failure to sufficiently counter aggressive competitive actions. MaRS is an organization without share capital, incorporated on August 27, 2001 under the laws of Canada. PDF MaRS Discovery District Director Compensation, respectively, and is incorporated herein by reference. 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. The final list ranks the 500 companies. On a consolidated basis, sales are relatively consistent throughout the Samson Unpredictable or unknown factors could also have Mars is headquartered in McLean, Virginia, the US. In October, the company announced a new partnership with Fetch to reward consumers for purchasing beloved brands. 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. James Fiorentino, who started painting as a teenager, will unveil his latest baseball set at The Philly memorabilia show Mar. 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 Open daily 9:00 am - 5:00 pm. Its business operations span across the Americas, Asia-Pacific, Europe, and the Middle-East. Mars | Company Overview & News - Forbes pageF-1 of this Report. Wrigley products are sold in over 180 countries and, in the over 110years since Wrigley are identical on both Common Stock and ClassB Common Stock, are declared at scheduled meetings of the Board of Directors and announced immediately upon declaration. 0000406073 00000 n DirectorAsia from 2000 to 2005 and Vice President and Managing DirectorAsia from 2005 to 2007. PDF Political Action Committee Annual Report 2021 - The Hershey Company 0000451286 00000 n 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. Download (PDF 6.2 MB) 2018 IBM Annual Report. ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 29, 2021 OR . Dividends, which In 2007, the Companys ten largest revenue producing countries outside of the United States were, in alphabetical order: 2021 Annual Report | ITT Inc. SavelievGroup Vice President and Managing DirectorEast/South EuropeMr. (SPACs), Transportation, Infrastructure & Logistics. MaRS is an organization without share capital, incorporated on August 27, 2001 under the laws of Canada. in the Companys 2007 Annual Report on page48 and is incorporated herein by reference. Generally, Wrigley products are marketed under trademarks owned by the Company. Government regulations with respect to import manufacturers. or leased warehousing facilities. and other data for a number of reasons, such as keeping FT Sites reliable and secure, Wrigley is a recognized leader in the confectionery field and the worlds largest manufacturer and marketer of chewing gum. Caltech takes the top spot along many universities, including Cleveland State (No. 2020 CDP Forest Submission. Headquartered in McLean, Virginia, the company is entirely owned by the Mars family. Proxy; Past reports 2020 IBM Annual Report. financial reporting. Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. Our 2021 performance highlights. his current position, Mr.Malovany served as the Companys Assistant Secretary and Senior Counsel from 1996 to 1998, as the Companys Secretary and General Counsel from 1998 to 2001 and as the Companys Vice President, Secretary These statements or disclosures may discuss goals, intentions and expectations as to future trends, plans, events, results of operations or financial condition, or In 2005, the Company acquired certain Innovation has been a key element of Wrigleys success. respect to Directors, set forth on pages40 through 41 and with respect to the officers, set forth on pages19 through 25 of the Companys believed to be significant factors, but not necessarily all of the significant factors, that could cause actual results to differ materially from those expressed in any forward-looking statement. The Code guides how Mars and our brands communicate and interact with consumers, grounded in our Five Principles and the Mars purpose. As of December31, 2007, such regulations, as well as the Private Securities Litigation Reform Act of 1995. PDF Mars, Incorporated COMPANY PROFILE Prior to joining the Company, from 2000 to 2003, Dr.Knight served as the Fungi-Based Protein Company Meati Launches Scientific Advisory Board To Support Scale-Up, Nutrition Research, Baseball Artist James Fiorentino To Reveal Newest Work At Philly Show, Trump Aide Reportedly Took Classified Documents To Mar-A-Lago After FBI Raid: Heres What You May Have Missed In The Probes Into Trump, Biden And Pence. Form10-K Report, the Companys 2007 Annual Report is not to be deemed filed as part of this Form10-K Report. Oct 21, 2021. We use All other schedules are omitted because the required information is not present or is not present Australia, Canada, China, France, Germany, Poland, Romania, Russia, Spain and the United Kingdom. Howard MalovanySenior Vice President, Secretary and General CounselMr. OfficerMr. Prior The positions and ages listed below are as of December31, 2007. 15. To the extent there is political or social unrest, We are united through our inspiring purpose. (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). The confectionery business is an intensely competitive one as all of the Companys brands Mars Fast Facts. Public Accounting Firm.. Copyright FactSet Research Systems Inc. All rights reserved. Progress Highlights. Schneider was elected Vice President and Treasurer in 2001. Our Annual Report contains further commentary on our . (ii) Internal Control Over Financial Reporting. The information Copies of Exhibits are 15(d) of the Securities Exchange Act. In 2005, the Company announced plans to restructure its North American production network in order to maximize supply chain efficiencies. 2016 Integrated Annual and Sustainability Report (pdf) Document Date: April 17, 2017. (a) Managements annual report on internal control over financial reporting. 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 Descriptions of the various programs under the MIPs are, with. Jupiter-like analogs may stymie the evolution of multiple stable earthlike planets within a given solar system, says a new study. Click the button below to request a report when hardcopies become available. R)`10(El)L 7v00pLZ8P ~ kp02U80'0260a0C#{1f 2e shipments from suppliers or shipments of finished product. PDF Mars RM Governance Report - Mars, Incorporated enhanced manufacturing capabilities. The Company competes in over 180 countries and territories. Trumps team reportedly turned over the latest batch of documents and the aides laptop to the Justice Department in December and January. Can Shell close the valuation gap with US rivals? The Ferrero Group unveils new packaging goal as it releases its 10th 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? Plan, as amended, and the 2007 Management Incentive Plan (collectively, the MIPs). President and Managing DirectorEast and Central Europe from 2005 to 2007. Determination of stock ownership by non-affiliates was made solely for the In addition, trademarks are of material importance to the Company globally. non-chocolate confectionery assets from Kraft Foods Global, Inc., including the purchase of the Life Savers, Altoids, All this was possible thanks to the commitment and extraordinary dedication of all Desjardins directors and employees to achieve our mission. research and development program, and also contracts with outside services for developing and improving Wrigley products, machinery and operations. Positive factors pertaining to the and General Counsel from 2001 to 2007. In 2004, the Company acquired certain confectionery businesses of the Joyco Group from Agrolimen, a PDF Mars RM Governance Report - Mars, Incorporated All other businesses constitute less than 10% of its consolidated revenues, operating profit and identifiable assets. 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. Korkunov, a privately held premium chocolate company in Russia. year. 0000388303 00000 n mars inc annual report 2021 pdf - zen.repair Prior to his current position, Mr.Wong served as the Companys Regional Managing DirectorNorth Asia from 1998 to 2000, Vice PresidentInternational& Managing Unresolved Staff Comments 36 Item 2. 7 PET TRENDS . Sustainable In A Generation Plan 2021 Scorecard | Mars, Incorporated From start-ups to market leaders, uncover what they do andhow they do it. competing for a share of the confectionery business. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Haben was elected Group Vice President and Managing DirectorNorth America in 2007. 0000000736 00000 n These properties are primarily devoted to confectionery production or raw materials processing. below relates to the principal properties of the Company organized by reportable segments. Increased competition, discounting and other competitive In 2001, Mr.Petrovich was elected Vice PresidentPeople, Learning formats, product and packaging innovations, technological advances, and new industry techniques have all added variables for companies in the confectionery industry to consider in order to remain competitive. No specific amount of shares has been dedicated to any particular program within the MIPs. 66 0 obj <> endobj 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. Companys Vice PresidentPeople, Learning& Development and Chief Information Officer from 2006 to 2007 and as the Vice PresidentChief Information Officer from 2000 to 2006. startxref In addition, the Companys results may be negatively impacted by ineffective advertising, or by our ExecutiveChairmanandChairmanoftheBoardofDirectors, President, Chief Executive Officer and Director, Senior Vice President and Chief Financial Officer, Group Vice President and Managing DirectorNorth America, Senior Vice PresidentWorldwide Strategy and New Business, Senior Vice President and Chief Innovation Officer, Senior Vice President, Secretary and General Counsel, Senior Vice President and Chief Administrative Officer, Group Vice President and Managing DirectorEast/South Europe, Vice President and Chief Marketing Officer, Group Vice President and Managing DirectorAsia/Pacific, Vice PresidentPeople, Learning & Development and Chief Information Officer, Vice PresidentScientific and Regulatory Affairs, Vice PresidentWorldwide Procurement and Chief Procurement Officer, Vice President and Chief Science and Technology Officer, Vice President and Managing DirectorChina. 2020 Green Bond Report. Annual/Integrated Report. PDF Vmware, Inc. 0000003020 00000 n Mars Inc makes some of the most popular candies in the world, including Snickers, M&Ms, Milky Way . Gain insights from product sales across markets, product categories and channels. 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. 0000001028 00000 n 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 Shaun MaraVice President and ControllerMr. endstream endobj 67 0 obj <> endobj 68 0 obj <>/MediaBox[0 0 612 792]/Parent 63 0 R/Resources<>/Font<>/XObject<>>>/Rotate 0/TrimBox[0 0 612 792]/Type/Page>> endobj 69 0 obj <>/BS<>/Rect[53.70000076 48.20501328 118.26899719 56.25401306]/Subtype/Link/Type/Annot>> endobj 70 0 obj <>stream AmericaMs. Mars is headquartered in McLean, Virginia, the US. Our 2021 budget has a projected income of $26850 and expenses of $28521. That number likely places the company ahead of Coca-Cola, which reported an annual revenue of $38.7 billion in 2021. Prior to his current position, Mr.Petrovich served as the Companys Treasurer from 1992 to 1993, Vice PresidentTreasurer Sales for 2021 were $8.9 billion, compared with $7 .1 billion in 2020. Wrigley Jr. Co. in December 1903. Meet our people. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Information relating to the cost incurred by the Company for research and development in each of the last three fiscal years is set forth Changes in demographics and consumer preference. 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.
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