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. In addition, given the global nature of our business, we earn revenue, pay expenses, incur These properties are primarily devoted to confectionery production or raw materials processing. xVYoE^c{\6m}/+@ B6_x`G;SU]WG 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 Martin SchlatterVice President and 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. are also available and purchased in the open market. served as the Companys Vice PresidentResearch and Development from 2005 to 2007 and thereafter as the Companys Vice PresidentResearch& DevelopmentGum and Confections. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Shares awarded under all above plans may be newly issued, from the Companys treasury or acquired in the Request Information View 2021 ESG Report 0000003020 00000 n Have you found what you were looking for? Mars is headquartered in McLean, Virginia, the US. worldwide. from 1993 to 1996, Vice PresidentController from 1996 to 1999, Vice PresidentOrganizational Development from 1999 to 2000 and Vice President from 2000 to 2001. Prior to joining the Company, he was Our global family and the common bond we share is beyond any other. Alan J. SchneiderVice President and TreasurerMr. Underutilization of or inadequate manufacturing capacity. Gain insights from product sales across markets, product categories and channels. Download (PDF 6.2 MB) 2018 IBM Annual Report. 31% Of pet parents who considered giving up a pet during the pandemic, about 1 in 3 said access to pet-friendly housing resources would have been helpful. The Code guides how Mars and our brands communicate and interact with consumers, grounded in our Five Principles and the Mars purpose. The Company holds numerous patents and patent applications relating to packaging, GamoranSenior Vice President and Chief Financial OfficerIn 2006, Mr.Gamoran was elected Senior Vice President and Chief Financial Officer of the Company. MOST RECENT 2021 Annual Report and Form 10K View PDF View Form 10K (HTML) Marsh & McLennan Companies Inc. does not currently have any hardcopy reports on AnnualReports.com. 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 Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. Our 2021 budget has a projected income of $26850 and expenses of $28521. YesNo, Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or Knight was elected Vice Mr. Suen joined the Company in 1979 as Marketing ManagerHong Kong and became Herlihy was elected Vice PresidentSupply Chain Strategy and Planning and Chief Information Officer in 2007. 0000000736 00000 n MaRS is an organization without share capital, incorporated on August 27, 2001 under the laws of Canada. and Africa, and in 2001, served as Senior Director, Supply Chain. uses many raw materials to manufacture chewing gum and other confectionery products including sugar, corn syrup, flavoring oils, polyols and high intensity sweeteners. 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. The Company markets chewing gum and other confectionery products primarily through distributors, wholesalers, Save . Availability of raw materials. Founder Frank C. Mars started the company in his Tacoma, Washington kitchen. President and Managing DirectorEast and Central Europe from 2005 to 2007. Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. shipments from suppliers or shipments of finished product. The board will be led by Mars former Chief Science Officer. Mitchell was elected Vice PresidentWorldwide Procurement and Chief Procurement Officer in 2006 with responsibility for the Companys global -4- UVA-F-1612 . Cadie Thompson. Mars Wrigley brands include M&Ms, Skittles, Snickers and Extra. If the Company is not able to retain Bloomberg Philanthropies encompasses all of Michael R. Bloomberg's giving, including his foundation, corporate, and personal philanthropy as well as Bloomberg Associates, a pro bono consultancy that works in cities around the world. 2008 was $58.61. Assuming all shares of outstanding In addition, four foreign facilities also manufacture gum base for the Companys international production facilities and for third-party gum product Shares of the ClassB Common Stock were issued by the that could cause actual results to vary. The continued growth of alternative store Headquartered in McLean, Virginia, the company is entirely owned by the Mars family. This annual report provides a brief description of the major operations initiated with SFERA funds for the 12-month period ending 31 December 2021. Labor stoppages. Consequently, volatility in foreign currencies and the U.S.Dollar could 0000406493 00000 n Reported diluted earnings per share . Copyright FactSet Research Systems Inc. All rights reserved. mars inc annual report 2021 pdf. Monitor online prices for products from Mars Inc with insights on price dynamics across product categories and countries. Determination of stock ownership by non-affiliates was made solely for the To the extent the Company experiences any material labor stoppages, such disputes or strikes could negatively affect research and development program, and also contracts with outside services for developing and improving Wrigley products, machinery and operations. Companys code of ethics is set forth in the Companys Proxy Statement on page11 under the caption Code of Ethics and is herein incorporated by reference. Ferrero has continued to make strong progress on its contribution to ending . All other schedules are omitted because the required information is not present or is not present PepsiCo Diversity, Equity & Inclusion Annual Report 2020. 'Caverns of Mars' is the eighth title to get the Atari Recharged treatment, and it already looks promising. Dushan PetrovichSenior Vice President and Chief Administrative Reuben effectiveness of the Companys disclosure controls and procedures. The Today the company operates four business segments: Petcare, Food, Mars Wrigley, and Mars Edge. The celestial highlights for the week ahead. Use Forbes logos and quotes in your marketing. 2019 Sustainability . Public Accounting Firm.. The Company considers the properties listed below to be in good condition, well maintained and suitable Forbes partnered with research firm Statista to survey workers at U.S. companies and institutions with 1,000 to 5,000 employees. AmericaMs. Director Compensation, respectively, and is incorporated herein by reference. privately-held Spanish conglomerate. 7 PET TRENDS . Form10-K Report, the Companys 2007 Annual Report is not to be deemed filed as part of this Form10-K Report. Changes in foreign currency and marketplace conditions. Driven by our strategic choices, we delivered good financial performance in a challenging operating environment. Wong was elected Group Vice The fourth annual State of Snacking report highlights the expanded role of snacking - as snacking increasingly replaces traditional meals in consumers' lives. from 2004 until 2006 when he was appointed Executive Chairman and Chairman of the Board of Directors. 0000001028 00000 n Manufacturing and sales of a 66 0 obj <> endobj Download (PDF 5.5 MB) 2015 IBM Annual Report . 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. to create and market products which appeal to diverse consumers. To the extent there is political or social unrest, Mars aims at reducing sodium content in its food products further by 20% on an average by 2021. There was no change in the Companys internal control over financial reporting during the IT Client Prospector provides intelligence on Mars Incs likely spend across technology areas enabling you to understand the digital strategy. Mike has committed the vast majority of the profits from Bloomberg L.P., the global financial technology, data . 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. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. 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 A new NASA mission to Mars will be launched by Blue Origins yet-to-be-tested New Glenn heavy-lift rocket. In November 1910, the Company was reincorporated under West Virginia law as Wm. Although the Company believes these (b) Attestation report of the registered public accounting firm. What If There Was A Super Earth Sandwiched Between Mars And Jupiter? Therefore, The Hershey PAC began 2022 with a balance of $90,268. Today the company operates four business segments: Petcare, Food, Mars Wrigley, and Mars Edge. on page55 of the Companys 2007 Annual Report under the caption Research and Development and is incorporated herein by reference. 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. The following exhibits were The Company actively monitors the registrations of its trademark and patent Source: Kantar Media. (ii) Internal Control Over Financial Reporting. in the Companys 2007 Annual Report on page48 and is incorporated herein by reference. 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. The . %%EOF Companys Vice PresidentPeople, Learning& Development and Chief Information Officer from 2006 to 2007 and as the Vice PresidentChief Information Officer from 2000 to 2006. 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 Intensely private chocolate and pet care company shows $45bn sales as Poul Weihrauch succeeds Grant Reid. 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. 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. While these products are generally readily available on the open market, if the For information concerning the Companys executive officers, see Executive Officers of the Registrant set forth in PartI hereof. In the case of each factory listed below, the information also competition of Cadbury's sugar-free gum and Hershey's chewy candy and mints, would see its William D. PerezPresident and Chief Executive Officer and DirectorMr. Philippines. This report and any documents incorporated by reference may include 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 material effects on the Company. You can also browse our annually audited financials. PresidentManaging DirectorRussiaMaxim Grishakov was elected Vice President and Managing DirectorRussia in 2007. . Wrigley Jr. Company, as amended by the Certificate of Amendment No. Samson Properties 37 Item 3. Download (PDF 3.5 MB) 2017 IBM Annual Report. procurement activities. so well into the future. endstream endobj 71 0 obj <> endobj 72 0 obj <> endobj 73 0 obj <> endobj 74 0 obj <>stream Wrigley Jr. Company (the Company or Wrigley) is a Delaware corporation. Jon OrvingVice PresidentNordicMr. In general, the Company does not offer its customers extended payment terms. includes some office and warehouse facilities. Chief Science and Technology OfficerDr. behalf of the Registrant and in the capacities and on the dates indicated. purpose of this requirement, and the Registrant is not bound by these determinations for any other purpose. been approximately $9,281,827,768. Unanticipated movements in consumer demands could result in inadequate 2006. Outcome of integrating acquired businesses. Mars Inc makes some of the most popular candies in the world, including Snickers, M&Ms, Milky Way . View acquisitions and subsidiaries by company, date, and deal size. All rights reserved. Government regulations with respect to import EMEAIThese operations manufacture and market gum and other confectionery products principally in Europe as well as in the Middle East, Africa and India. in 1995 as Executive DirectorRussia. Changes in demographics and consumer preference. analyse how our Sites are used. Incorporation of Wm. Revenue: Over $500 million See Exact Annual Revenue: Employees: Over 1,000 Exact Company Size: Primary Industry: . See 0000002974 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. December31, 2007, under which the equity securities of the Company were authorized for issuance: Equity compensation plans approved by security holders(1), Equity compensation plans not approved by security holders, Includes shares and share units of Common Stock of the Company authorized for awards under the various programs of the Companys 1997 Management Incentive Feb 2022. All other businesses constitute less than 10% of its consolidated revenues, operating profit and identifiable assets. magazines and other media, all designed to best reach consumers. Company on April11, 1986 to stockholders of record on April4, 1986. Mars Wrigley 2020 Better Moments Report | Mars, Incorporated Purpose-driven Progress: Our Mars Wrigley 2020 Better Moments Report Story July 13, 2021 2 minute read Copy url Share At Mars Wrigley, our Purposecreating better moments and more smilesis our passion. Mars chairman explains why the $35 billion chocolate giant will never go public. Donagh HerlihyVice JgQC@RAxW$9cH)M_oLJzrt&4zr Founded in 1911, Mars, Incorporated is one of the largest food companies in the world. As of June30, 2007, there were outstanding 57,606,232shares of ClassB Common Stock, no par value. We are united through our inspiring purpose. chewing gum plant in Chicago, Illinois and its L.A. Dreyfus gum base subsidiary in Edison, New Jersey, and transferred production to remaining facilities. Companys inability to successfully integrate any acquired businesses or assets could cause actual results to differ from anticipated results or expectations of the business. North AmericaThese operations manufacture and market gum and other confectionery products in the U.S. and Canada. conversion, the resulting shares of Common Stock are freely transferable and publicly traded. For the fiscal year ended December31, 2007, (Exact name of registrant as specified in its charter), (Registrants telephone number, including area code), Securities registered pursuant to Section12(b) of the Act, Name of Each Exchange on Which Registered, Securities registered pursuant to Section12(g) of the Act, Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule405 of the Securities Act. ClassB Common Stock carries ten votes per share, is not traded on the exchanges, is restricted as 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. The Company operates in an increasingly competitive industry. Assuming all shares of outstanding ClassB Common Stock were converted into Common Stock, the aggregate market value of Common Stock held by Launched in 2017, the Sustainable in a Generation plan guides our sustainability efforts. Annual report 2021. 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. 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. Forward-looking statements involve a number of risks and uncertainties During 2021, eligible Hershey employees contributed an additional $22,687. 0000001091 00000 n Two others produce gum base for their own use. under Delaware law. Download (PDF 5.7 MB) 2016 IBM Annual Report. 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 and General Counsel from 2001 to 2007. Mr.Adams joined the Company in 1999 as Senior Director, Manufacturing Operations in Europe, Middle East PresidentWorldwide Strategy and New BusinessIn 2004, Mr.Hempstead was elected to serve as the Companys Senior Vice PresidentWorldwide Strategy and New Business. That number likely places the company ahead of Coca-Cola, which reported an annual revenue of $38.7 billion in 2021. International stock quotes are delayed as per exchange requirements. Information regarding the high and low quarterly sales prices for the Common (d) Securities Authorized for Issuance Under Mars Inc (Mars) manufactures and distributes chocolate, non-chocolate confectionery, food and petcare products. the world by 2021. Despite the pressures of the pandemic, healthcare institutions dominate the America's Best Large Employers 2023 list. 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. Other Geographic RegionsThese operations manufacture and market gum and other confectionery products in the Pacific and Latin American regions. 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 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 On a consolidated basis, sales are relatively consistent throughout the In 2005, the Company opened its Global Innovation Center which is a state-of-the-art facility 0000438772 00000 n MaRS administers partner payment grants on behalf of the Province of Ontario and the Government of Canada by providing flow-through grant funding.
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