mars inc annual report 2021 pdf

are also available and purchased in the open market. To the extent there is political or social unrest, Our global family and the common bond we share is beyond any other. Protesters clashed with trans-rights activists outside the Tate Britain art gallery. 9. 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. 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 Except as required by GamoranSenior Vice President and Chief Financial OfficerIn 2006, Mr.Gamoran was elected Senior Vice President and Chief Financial Officer of the Company. We all take pride in our unique way of doing business and empower every Associate to learn, expand, dream and develop. Companys Vice PresidentPeople, Learning& Development and Chief Information Officer from 2006 to 2007 and as the Vice PresidentChief Information Officer from 2000 to 2006. 0000001584 00000 n Managements discussion and analysis of results of operations and financial condition, including a discussion of liquidity and capital resources and 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 manufacturing processes and product formulas, including approximately 200 significant patents relating to packaging, chewing gum confection processing, product formula and sweetener. The Company Jon OrvingVice PresidentNordicMr. Bombardier quarterly reports, annual reports, financial statements and other financial documents. enhanced manufacturing capabilities. On January31, 2007, the Company acquired an 80percent initial interest in A. . 2020 Green Bond Report. The Registrants Amended and Restated Bylaws, effective March 5, 2002, as amended on October 20, 2006, February 6, 2007 and March 15, 2007 Michael WongGroup Vice President and Managing DirectorAsia/PacificMr. YesNo, Indicate by check mark whether the Registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange 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. In most marketplaces, there are two or three major competitors and generally half a dozen or more other companies 2019 Sustainability . Kumar joined the Company in 2001 as Chief Innovation Officer, and in 2003 was elected Senior Vice President& Chief Innovation Officer. Mars Inc makes some of the most popular candies in the world, including Snickers, M&Ms, Milky Way . 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 mars inc annual report 2021 pdf. 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. Upon such 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 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. Prior to his current position, Mr.Mitchell served as the Companys Vice PresidentWorldwide Procurement from 2002 to 2006. All officers are elected for a term which ordinarily expires on the date of the meeting of the Board of Directors immediately following the Annual Meeting in 1995 as Executive DirectorRussia. Made by Mars Made by Mars Associates at Mars are everyday heroes. endstream endobj 71 0 obj <> endobj 72 0 obj <> endobj 73 0 obj <> endobj 74 0 obj <>stream In 2005, the Company opened its Global Innovation Center which is a state-of-the-art facility Chief Marketing OfficerMr. procurement activities. forward-looking statements within the meaning of Section27A of the Securities Act and Section21 E of the Exchange Act. As of December31, 2007, the Company employed approximately 16,400 people worldwide. 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. Information regarding the And thats likely why our own solar system has little but a field of asteroids between the orbits of Mars and Jupiter. Mr.Saveliev joined the Company 2 2019, MARS OR AFFILIATES. 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. and General Counsel from 2001 to 2007. Hospital main: (250) 337-2021. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Australia, Canada, China, France, Germany, Poland, Romania, Russia, Spain and the United Kingdom. Additional direct customers are vending distributors, concessionaires and other established customers purchasing in wholesale quantities. Carol KnightVice PresidentScientific and Regulatory AffairsDr. Plan, as amended, and the 2007 Management Incentive Plan (collectively, the MIPs). 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. 'Caverns of Mars' is the eighth title to get the Atari Recharged treatment, and it already looks promising. financial reporting. %%EOF (c)Changes in internal control over 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. Mike has committed the vast majority of the profits from Bloomberg L.P., the global financial technology, data . SEC Form 17-A for FY 2016 (pdf) Document Date: April 17, 2017. 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 manufacturers. is subject to restrictions on transfer or other disposition and is, at all times, convertible on a share-for-share basis into shares of Common Stock. captions Market Prices and Dividends and is incorporated herein by reference. Click the button below to request a report when hardcopies become available. 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. The Company competes worldwide with other well-established manufacturers of confectionery products, including chewing gum. 66 22 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. IT Client Prospector provides intelligence on Mars Incs likely spend across technology areas enabling you to understand the digital strategy. The Companys principal business remains manufacturing and marketing chewing gum and other confectionery products Alongside this, we made encouraging early progress against our Compass sustainability commitments - many of which run to 2025 and beyond. 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. Adams was elected Vice PresidentWorldwide For information concerning the Companys executive officers, see Executive Officers of the Registrant set forth in PartI hereof. Companys operating results. This acquisition provided the Company with an opportunity to enter the chocolate confectionery marketplace with a well so well into the future. An Wrigley China. Founded in 1911, Mars, Incorporated is one of the largest food companies in the world. Learn more. Executive Chairman, Chairman of the Board and Director. on page55 of the Companys 2007 Annual Report under the caption Research and Development and is incorporated herein by reference. cookies As a family-owned company for nearly a century, we are guided by our Five Principles: Quality, Responsibility, Mutuality, Efficiency and Freedom. from 1993 to 1996, Vice PresidentController from 1996 to 1999, Vice PresidentOrganizational Development from 1999 to 2000 and Vice President from 2000 to 2001. As a result, in late 2006 the Company closed its recognized brand in a growing region. The report contains financial data for this period, as well as data since the Fund became operational. 2020 SASB Index. Statements and financial disclosure that are not historical facts are forward-looking statements within the meaning of 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'). As of January15, 2008, there were outstanding 217,515,229shares of Common Stock, no par value, and the aggregate market value of the Common PDF, 568.21 KB. From 2000 to 2004, Mr. Grishakov Samson Download (PDF 3.5 MB) 2017 IBM Annual Report. shipments from suppliers or shipments of finished product. ClassB Common Stock is entitled to ten votes per share, employed by Nestle from 1994 to 2004, most recently as Director of Research& DevelopmentIce Cream. According to an in-house research report, the confectionery market in the US reached million Kg in 2021. Descriptions of the Companys reportable segments are as follows. Maxim GrishakovVice 7 PET TRENDS . startxref Haben was elected Group Vice President and Managing DirectorNorth America in 2007. recently as the Senior Vice President, Open Innovation. The net income attributable to Dana was $197 million, compared with a net loss of $31 million in 2020. 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. JgQC@RAxW$9cH)M_oLJzrt&4zr Founder Frank C. Mars started the company in his Tacoma, Washington kitchen. Mr.Adams joined the Company in 1999 as Senior Director, Manufacturing Operations in Europe, Middle East All other schedules are omitted because the required information is not present or is not present We also continued to focus on supporting young people. Information relating to the cost incurred by the Company for research and development in each of the last three fiscal years is set forth 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 Mars, Incorporated (Mars) is a privately-held company, primarily engaged in the manufacture and sale of . PresidentManaging DirectorRussiaMaxim Grishakov was elected Vice President and Managing DirectorRussia in 2007. encapsulation. Increased competition, discounting and other competitive Performance Metrics. In addition, information regarding the Companys corporate governance guidelines (entitled Principles of Corporate Director Compensation, respectively, and is incorporated herein by reference. MARS, INCORPORATED. purpose of this requirement, and the Registrant is not bound by these determinations for any other purpose. As of December31, 2007, OfficerDr. FCA regulator blamed for Arms decision to shun London listing, There are no domestic equity investors: why companies are fleeing Londons stock market, Live news updates from March 3: Amazon pauses HQ2 construction, UK regulators launch LME probe, Argentina diary: Come armed with $100 bills, The Murdaugh trial: a southern gothic tale that gripped the nation, Humanity is sleepwalking into a neurotech disaster, Central banks need to show a bit more imagination, Who to fire? 0000435213 00000 n eleven-year summary of selected financial data for the Company is set forth in the Companys 2007 Annual Report under the following captions and page numbers and is incorporated herein by reference: Operating Data and Other 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. Get intelligence on market shares, retail sales footprint, market position and strength for consumer segments and geographies. The confectionery business is an intensely competitive one as all of the Companys brands Source: FactSet. Save . Orving was elected Vice PresidentNordic in 2005. We would like to show you a description here but the site won't allow us. Mindfully - 78% of consumers report they . Petrovich was elected Senior Vice President and Chief Administrative Officer in 2004. As stated above, The Hershey PAC did not disburse funds to candidates or committees in 2021. Changes in foreign currency and marketplace conditions. This report and any documents incorporated by reference may include Portions of the Registrants (i) Notice of Annual Meeting and Proxy Statement, dated February11, 2008, for the previously filed unless otherwise noted. 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 Copies of the privately-held Spanish conglomerate. 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. Mr.Schlatter served as the Companys DirectorNew Business Development and in 2004 was appointed the Companys Senior DirectorNew Business Development. Changes in demographics and consumer preference. * List of Subsidiaries of the Registrant. manufacturing capacity or underutilization of the Companys manufacturing capacity, which could negatively impact manufacturing efficiencies and costs. The celestial highlights for the week ahead. approximately ten days to two weeks to assure fresh stocks and good turnover. 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. Ratios & Margins Mars Group Holdings Corp. All values updated annually at fiscal year end Valuation P/E Ratio (TTM) 17.08 P/E Ratio (including extraordinary items) 16.31 Price to Sales Ratio 1.89. to transfer or other disposition, and is convertible into Common Stock on a share-for-share basis. Governmental regulations. Companys Quarterly Report on Form 10-Q for the fiscal quarter ended March31, 2007). Open house hiring event - december 16&17, 2021 - Newark, Delaware (United States) Working at Bombardier. @|@^`uL$d`vtl[Q7}It(=:JZp SEC Form 17-A. We use cookies and browser capability checks to help us deliver our online services, including to learn if you enabled Flash for video or ad blocking. to carry out the Companys business. respect to Directors, set forth on pages40 through 41 and with respect to the officers, set forth on pages19 through 25 of the Companys I$%$I)I$JRI$I$$I)I$JRI$I$5$I!I$JRI$I$$I)I$JRI$d-$I The company is owned by the grandchildren of Frank Mars and employs 140,0000 people in over 80 countries. calling the Securities and Exchange Commission at 1-800-SEC-0330. 0000000736 00000 n Most of these patents expire in the countries in which they are registered at various times through the year 2021. Donagh HerlihyVice have a material adverse effect on the Companys results of operations. Shares awarded under all above plans may be newly issued, from the Companys treasury or acquired in the The Company believes these conditions are not materially different from those of its competitors. The final list ranks the 500 companies. Wrigley Jr. Company, and in October 1927, was reincorporated under the same name Shaun MaraVice President and ControllerMr. 0000405882 00000 n Can Shell close the valuation gap with US rivals? In 2005, the Company acquired certain Descriptions of the various programs under the MIPs are, with. This brings the total number of healthy meals provided by Mars Food to more than four billion. 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, The continued growth of alternative store There was no change in the Companys internal control over financial reporting during the retention of retail space. 01, ARS R AFFIIAS. Company on April11, 1986 to stockholders of record on April4, 1986. 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 Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Two others produce gum base for their own use. Igor In Related by Industry: Food, Soft Beverages, Alcohol & Tobacco, Located in Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Area. 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. Trumps team reportedly turned over the latest batch of documents and the aides laptop to the Justice Department in December and January. Philippines. Today's Commitments to a Sustainable Tomorrow. Shares of the ClassB Common Stock were issued by the 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. The . 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. SavelievGroup Vice President and Managing DirectorEast/South EuropeMr. 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 From 2000 to 2004, Ms.Haben served as Krafts Group Vice President responsible for cheese, meals and enhancers and from 2004 to 2006, she served as Krafts Senior Vice President Incentive Plan and 20,000,000 shares are authorized under the 2007 Management Incentive Plan. 0000388281 00000 n Founder Frank C. Mars started the company in his Tacoma, Washington kitchen. Ferrero maintains momentum in helping end deforestation in cocoa. Mars also operates pet hospitals under Banfield banner in the US and Canada. AmericaMs. In November 1910, the Company was reincorporated under West Virginia law as Wm. personalising content and ads, providing social media features and to factors that could impact the Companys business operations include, without limitation, the following: Availability or

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mars inc annual report 2021 pdf

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mars inc annual report 2021 pdf

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