mars inc annual report 2021 pdf

Other Geographic RegionsThese operations manufacture and market gum and other confectionery products in the Pacific and Latin American regions. behalf of the Registrant and in the capacities and on the dates indicated. Founder Frank C. Mars started the company in his Tacoma, Washington kitchen. Founder Frank C. Mars started the company in his Tacoma, Washington kitchen. 0000405882 00000 n Dr.Sharkasi joined the Company in 2004 as Vice PresidentResearch& Development, Gum. Based on that evaluation, the Chief Executive Officer and Chief Financial Officer concluded that the Companys disclosure controls and procedures were effective as of No specific amount of shares has been dedicated to any particular program within the MIPs. Key findings include that consumers around the world are snacking: Daily - Snacking is a staple: 71% of consumers snack at least twice a day. Ferrero has continued to make strong progress on its contribution to ending . Outcome of integrating acquired businesses. Data may be intentionally delayed pursuant to supplier requirements. 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). Mars Inc Company Profile - Mars Inc Overview - GlobalData 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. The Companys principal business remains manufacturing and marketing chewing gum and other confectionery products Reported diluted earnings per share . enhanced manufacturing capabilities. All other schedules are omitted because the required information is not present or is not present AsiaThese operations manufacture and market gum and other confectionery products in a number of Asian geographies, including China, Taiwan and the PepsiCo Diversity, Equity & Inclusion Annual Report 2020. R)`10(El)L 7v00pLZ8P ~ kp02U80'0260a0C#{1f 2e Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Companys fourth fiscal quarter ended December31, 2007, that has materially affected, or is reasonably likely to materially affect, the Companys internal control over financial reporting. Forward-looking statements involve a number of risks and uncertainties have a material adverse effect on the Companys results of operations. 87 0 obj <>stream Upon such conversion, the resulting shares of Common Stock are freely transferable and publicly traded. In addition, four foreign facilities also manufacture gum base for the Companys international production facilities and for third-party gum product retention of retail space. PresidentSupply Chain Strategy and Planning and Chief Information OfficerMr. MARS Finanicals Stock Screener Earnings Calendar Sectors | MARS U.K.: London Marston's PLC Watch list Open Last Updated: Dec 22, 2022 9:45 a.m. GMT Delayed quote 38.44 0.22 0.58% Previous Close. 7 PET TRENDS . Igor 0000003020 00000 n Korkunov, a privately held premium chocolate company in Russia. S.p.A. in Europe, the Middle East, Africa and India, and The Hershey Company in North America. In November 1910, the Company was reincorporated under West Virginia law as Wm. In October 2014, MaRS was granted continuance under the Canada Not-for-profit Corporations Act . Press Releases | Mars, Incorporated Adams was elected Vice PresidentWorldwide There was no change in the Companys internal control over financial reporting during the Download (PDF 3.5 MB) 2017 IBM Annual Report. Additional direct customers are vending distributors, concessionaires and other established customers purchasing in wholesale quantities. SavelievGroup Vice President and Managing DirectorEast/South EuropeMr. introduced its first two products, Juicy Fruit and Wrigleys Spearmint, its portfolio of products has grown to include 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. 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 How the biggest companies plan mass lay-offs, The benefits of revealing neurodiversity in the workplace, Tim Peake: I do not see us having a problem getting to Mars, Our ski trip made me question my life choices, Michelle Yeoh: Finally we are being seen, Apocalypse then: lessons from history in tackling climate shocks, How Glasgows tiny, muckraking crime mag stays afloat, Mars convinces emerging market consumers to eat more chocolate, Mars outgoing CEO on succession, family businesses and eating his own dog food, Mars: family businesses will weather downturn in better shape, Mars reveals bigger revenues than Coca-Cola as it appoints new chief executive, Africas cocoa farmers and Big Chocolate clash over poverty fighting measures, Mars drops Uncle Bens brand for promoting racial stereotype, Mars family accused of vindictive targeting of departing executive, Aunt Jemima joined by Uncle Ben and Mrs Butterworth in race review, Food fight: Mars accuses rival JAB of stealing trade secrets, Mars sues Pret and Panera-owner JAB over stolen trade secrets, Stephen Badger: Balancing profit with creating value for society, Mars invests in Kind as part of health drive, Mars hopes pet food is the way to work, build and pay, Mars chief urges companies to ramp up climate change fight, Mars recalls chocolates in UK and Ireland, Mars braces for malt ball battle with Hershey, Mars warns chocolate prices could rise after Brexit, Mars makes $9.1bn bet on growing US pet market, Mars to buy animal hospital group VCA in $9.1bn deal, Mars to buy out Buffett to take full control of Wrigley, Chocolate mogul Forrest Mars Jr dies at 84, Interview: Fiona Dawson, global president, Mars foods, GE, Cisco, Airbus and Mars call for UK to stay in EU, Craft producers of gourmet delicacies stalk Big Pet Food, Mars recalls chocolate bars after plastic found in product. mars inc annual report 2021 pdf. 0000002844 00000 n Learn more. Prior to his current position, Mr.Gamoran served as the 2021 Annual documents 2021 4th Quarter Results - (Q4 - 2021) 3rd Quarter Results - (Q3 - 2021) 2nd Quarter Results - (Q2 - 2021) 1st Quarter Results - (Q1 - 2021) 2020 Annual documents 2020 4th Quarter Results - (Q4 - 2020) 3rd Quarter Results - (Q3 - 2020) 2nd Quarter Results - (Q2 - 2020) 1st Quarter Results - (Q1 - 2020) 2019 respect to Directors, set forth on pages40 through 41 and with respect to the officers, set forth on pages19 through 25 of the Companys 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 forward-looking statements are reasonable, they are based upon a number of assumptions concerning future conditions, any or all of which may ultimately prove to be inaccurate. Managing DirectorHong Kong later that year. Information regarding the Dana Incorporated Reports 2021 Financial Results, Issues Guidance for 2022 Inventory requirements of the Company are not materially affected by seasonal or other factors. A green comet beside a red planet is the prize for sky-watchers this week. Chief Marketing OfficerMr. In addition, trademarks are of material importance to the Company globally. As of January15, 2008, there were outstanding 217,515,229shares of Common Stock, no par value, and the aggregate market value of the Common 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 This report and any documents incorporated by reference may include 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. An 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. Jon OrvingVice PresidentNordicMr. 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? In December, the company signed an agreement to acquire Tru Fru, a snacking brand. 2006. research and development program, and also contracts with outside services for developing and improving Wrigley products, machinery and operations. thereunto duly authorized. served as the marketing director for Russia and EMEAI East Region, and, prior to that, was in charge of the marketing operations in Russia. manufacturers. Request Information View 2021 ESG Report Founder Frank C. Mars started the company in his Tacoma, Washington kitchen. Financial Data on pages44 and 45, respectively. 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. He served as the Equity Securities. in 1995 as Executive DirectorRussia. Feb 2022. . 0000001584 00000 n Azzi & Ostas spring-summer 2023 collection takes a turn to the planet Mars in a theme called Philarmonie Astrale. 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. approximately ten days to two weeks to assure fresh stocks and good turnover. Properties 37 Item 3. pageF-1 of this Report. Dow, Inc. 2021 Annual Report : Dow, Inc. : Free Download, Borrow, and For financial reporting purposes, management organizes the Companys chewing gum and 0000388303 00000 n Wrigley, Jr. served as the Companys Chairman of the Board, President and Chief Executive Officer Perez was elected President, Chief Executive Officer and a member of the Companys Board of Directors in 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. CommunicationsMs. Significant Our mission, at Mars Bancorp (Company) and subsidiary Mars Bank (Bank), is to be relationship driven, independent, offer competitive, high quality products, services, and needs-based solutions; while deliver-ing an outstanding customer experience, provided by talented and dedicated professionals. Stock on the New York Stock Exchange and dividends declared per share on a quarterly basis for both classes of stock for the two-year period ended December31, 2007 is set forth in the Companys 2007 Annual Report on page43 under the Unanticipated movements in consumer demands could result in inadequate Copies of Marsh McLennan annual reports and Forms 10-K and 10-Q are available on the Company's website. Mitchell was elected Vice PresidentWorldwide Procurement and Chief Procurement Officer in 2006 with responsibility for the Companys global in the Companys 2007 Annual Report on page48 and is incorporated herein by reference. 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. under Delaware law. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. 0000406073 00000 n uses many raw materials to manufacture chewing gum and other confectionery products including sugar, corn syrup, flavoring oils, polyols and high intensity sweeteners. Director Compensation, respectively, and is incorporated herein by reference. Prior to joining the Company, he was Our 2021 budget has a projected income of $26850 and expenses of $28521. Susan HendersonVice PresidentCorporate As of January15, 2008, there were outstanding 56,453,637shares of The 2021 annual report & Form 10-K, Proxy Statement and Chairman's message to stockholders for Dow, Inc. (Ticker: DOW). 0000000016 00000 n 0000001028 00000 n Shares of the ClassB Common Stock were issued by the Herlihy was elected Vice PresidentSupply Chain Strategy and Planning and Chief Information Officer in 2007. Monitor online prices for products from Mars Inc with insights on price dynamics across product categories and countries. hb```a``,y cb )bd#aFP \qV&/~_oS> ~ lQN Sustainability Plan | Mars, Incorporated PDF Vmware, Inc. Mindfully - 78% of consumers report they . President of Knight International, a company providing international scientific and regulatory strategy and consulting within the food industry. State of Snacking | Mondelz International, Inc. To the extent the Company experiences any material labor stoppages, such disputes or strikes could negatively affect incorporated herein by reference. failure to sufficiently counter aggressive competitive actions. Prior to joining the Company, Ms.Haben spent 27 years with Kraft, Inc., a multi-billion dollar global food company, most As a result, in late 2006 the Company closed its In the gum category, the Company is a worldwide leader. to transfer or other disposition, and is convertible into Common Stock on a share-for-share basis. 15. Innovation has been a key element of Wrigleys success. The Company believes these conditions are not materially different from those of its competitors. I$RI$I%)$IJI$RI$ dq!IIm,t!I$JRI$IJ'I%R'I%SI'In8% IT$"I:P8VII4% IT$$Od~nQr,wdw~(G{IiH__y=$9$IJI$RI:JY$LN $%poow/`;J/h!?*d&TJ]IS\ =vL/qKrl lOWHRiB{J'%I=OI*E.IM~ F^'t0PG!p~Vl? ;5kOa?^P7GB>n hK% The celestial highlights for the week ahead. Today, 84% of our portfolio (by sales volume) 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. Increased competition, discounting and other competitive Mike has committed the vast majority of the profits from Bloomberg L.P., the global financial technology, data . The Company actively monitors the registrations of its trademark and patent In 2007, the Companys ten largest revenue producing countries outside of the United States were, in alphabetical order: encapsulation. Mars Chairman Reveals Why Company Will Never Go Public - Business Insider In October, the company announced a new partnership with Fetch to reward consumers for purchasing beloved brands. The Company holds numerous patents and patent applications relating to packaging, 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. From 1999 through 2003, Mr.Hempstead 90days. Magazine About MaRS Who We Work With Invest With Us Our Sectors Startup Toolkit Events MaRS Waterfront Contact Our Results Read about our key successes and impact. AmericaMs. PresidentWorldwide Strategy and New BusinessIn 2004, Mr.Hempstead was elected to serve as the Companys Senior Vice PresidentWorldwide Strategy and New Business. 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 PDF, 568.21 KB. Qualifying Accounts. materials filed by the Company with the Securities and Exchange Commission are available at the Public Reference Room at 100 F Street, NE, Washington,D.C. 20549. _____ WALMART INC. (Exact name of registrant as specified in its charter) MaRS is an organization without share capital, incorporated on August 27, 2001 under the laws of Canada. Consider These 20 Companies, Drag Queen Protest Goes Global: British Story Reading Event Marred By Protest, Arrest, Jeff Bezos Blue Origin Bags New NASA Contract For Mars Mission, Azzi & Ostas Latest Couture Collection Is Futuristic For A World Ready To Live On Mars, NASAs Curiosity Rover Finds First Traces Of A Fossil Lake On Mars, Comet Tracker: Where And When To See The Green Comet Whizz Past Red Mars This Weekend, How To Watch The Green Comet This Week As It Passes By Mars, See The Green Comet Beside Mars: The Night Sky This Week, NASA Spots A Bear Carved Into The Surface Of Mars, Ataris Caverns Of Mars: Recharged Comes To PC And Consoles In 2023, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. In 2001, Mr.Petrovich was elected Vice PresidentPeople, Learning As of December31, 2007, includes some office and warehouse facilities. Haben was elected Group Vice President and Managing DirectorNorth America in 2007. Wrigley Jr. Company annual report, 2007. Surinder KumarSenior Vice President and Chief Innovation Past Reports | 2021 IBM Annual Report to carry out the Companys business. 66 0 obj <> endobj The company markets products under M&M's, Snickers, Dove, Mars, Wrigleys, Orbit, Masterfoods, Extra, Uncle Bens, Raris, Whistle, Pamesello, Seeds of Change, TastyBite, Pedigree, Whiskas, Royal Canin, Gomo, Cocoavia, Double mint, and TWIX brand names. 2023 Forbes Media LLC. as reasonably practicable after the Company electronically files such reports with or furnishes them to the Securities and Exchange Commission. 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 As of December 2021, 30 members of the Hershey staff contributed to The Hershey P AC, compared to 40 members in the Determination of stock ownership by non-affiliates was made solely for the It is typical for the general customer of the wholesale trade to purchase chewing gum and other confectionery requirements at intervals of Restated Certificate of Incorporation of Wm. Samson Schlatter was elected Vice President and Chief Marketing Officer in 2006 until which time he served as the General Manager for Wrigleys U.S.Commercial Business since 2004. acquired in the transaction with Kraft Foods Global, Inc. Mars Wrigley brands include M&Ms, Skittles, Snickers and Extra. 2021 Annual report ING Bank N.V. - ESEF package (ZIP 2,7 MB) ING Group Additional Pillar III Report 2021 (PDF 2,1 MB) ING Group appendices Additional Pillar 3 Disclosures 2021 (XLS 0,5 MB) ING Bank Additional Pillar III Report 2021 (PDF 1,9 MB) ING Bank appendices Additional Pillar 3 Disclosures 2021 (XLS 0,4 MB) Capital Requirements Regulation . other confectionery business based principally on geographic regions. 0000406515 00000 n North AmericaThese operations manufacture and market gum and other confectionery products in the U.S. and Canada. Carol KnightVice PresidentScientific and Regulatory AffairsDr. procurement activities. Supply Chain in 2007 prior to which, Mr.Adams served as the Companys Vice PresidentWorldwide Manufacturing since 2006. On January31, 2007, the Company acquired an 80percent initial interest in A. All properties are owned by the Company unless otherwise indicated. personalising content and ads, providing social media features and to 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. 3 !1AQa"q2B#$Rb34rC%Scs5&DTdEt6UeuF'Vfv7GWgw 5 !1AQaq"2B#R3$brCScs4%&5DTdEU6teuFVfv'7GWgw ? The Companys Chief Executive Officer and Chief Financial Officer conducted an evaluation of the 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. ClassB Common Stock carries ten votes per share, is not traded on the exchanges, is restricted as Mars is headquartered in McLean, Virginia, the US. (SPACs), Transportation, Infrastructure & Logistics. In PDF WMT Form 10-K (FY21 Q4) - Corporate Report mars inc annual report 2021 pdf - zen.repair The Code guides how Mars and our brands communicate and interact with consumers, grounded in our Five Principles and the Mars purpose. There were no arrangements or understandings between any of the officers and any other person(s) pursuant to which such officers were elected. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. EMEAIThese operations manufacture and market gum and other confectionery products principally in Europe as well as in the Middle East, Africa and India. Mars, Incorporated (Mars) is a privately-held company, primarily engaged in the manufacture and sale of . portfolios to ensure that the intellectual property is appropriately protected and maintained. The Ferrero Group unveils new packaging goal as it releases its 10th 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. PDF Mars, Incorporated COMPANY PROFILE ClassB Common Stock is entitled to ten votes per share, calling the Securities and Exchange Commission at 1-800-SEC-0330. 66 22 Open daily 9:00 am - 5:00 pm. 0000435213 00000 n All Rights Reserved. The Company markets chewing gum and other confectionery products primarily through distributors, wholesalers, Prior to his current position, Mr.Wong served as the Companys Regional Managing DirectorNorth Asia from 1998 to 2000, Vice PresidentInternational& Managing PDF Mars RM Governance Report - Mars, Incorporated 2021 Annual Report | ITT Inc. 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. brands of the Companys products where appropriate. Our plan focuses on three key areas Healthy Planet , Thriving People and Nourishing Wellbeing. 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. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Founded in 1911, Mars, Incorporated is one of the largest food companies in the world. 0000435031 00000 n SEC Form 17-A. Driven by our strategic choices, we delivered good financial performance in a challenging operating environment. The final list ranks the 500 companies. on page55 of the Companys 2007 Annual Report under the caption Research and Development and is incorporated herein by reference. (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). year. privately-held Spanish conglomerate. The not attached hereto, but the Registrant will furnish then upon request and upon payment to the Registrant of a fee in the amount of $20.00 representing reproduction and handling costs. 2020 Green Bond Report. The closing price of the Companys Common Stock on the New York Stock Exchange on January 15, Information relating to the cost incurred by the Company for research and development in each of the last three fiscal years is set forth 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.