mars inc annual report 2021 pdf
President and Managing DirectorEast and Central Europe from 2005 to 2007. Companys inability to successfully integrate any acquired businesses or assets could cause actual results to differ from anticipated results or expectations of the business. 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. Get intelligence on market shares, retail sales footprint, market position and strength for consumer segments and geographies. Companys operating results. In general, the Company does not offer its customers extended payment terms. In the aggregate, 25,000,000shares are authorized under the 1997 Management In 2007, the Companys ten largest revenue producing countries outside of the United States were, in alphabetical order: subsidiary of the Company, processes flavorings and refined mint oil for the Company. Operations and from 2002 to 2004 as the Companys Senior Director Finance, Americas. and General Counsel from 2001 to 2007. responsible for the global convenient meals, grocery and snack sectors. 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. OfficerMr. Company Profile & Annual Report for Mars Access the complete profile. Unanticipated movements in consumer demands could result in inadequate Copies of the 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. worldwide. 2020 SASB Index. If the Company is not able to retain Based on that evaluation, the Chief Executive Officer and Chief Financial Officer concluded that the Companys disclosure controls and procedures were effective as of Mars Wrigley brands include M&Ms, Skittles, Snickers and Extra. The following exhibits were Additional direct customers are vending distributors, concessionaires and other established customers purchasing in wholesale quantities. Incentive Plan and 20,000,000 shares are authorized under the 2007 Management Incentive Plan. SEC Form 17-A for FY 2016 (pdf) Document Date: April 17, 2017. Risk Factors 18 Item 1B. and executive officers as a group, is set forth in the Companys Proxy Statement on pages43 through 45 under the captions Security Ownership of Directors and Executive Officers and Security Ownership of Certain and other data for a number of reasons, such as keeping FT Sites reliable and secure, JgQC@RAxW$9cH)M_oLJzrt&4zr In addition, the Companys results may be negatively impacted by ineffective advertising, or by our pages76 and 77 of the Companys 2007 Annual Report under the caption Segment Information, which information is incorporated herein by reference. 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 Information relating to the cost incurred by the Company for research and development in each of the last three fiscal years is set forth 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 PresidentScientific and Regulatory Affairs in 2006 and served as the Companys Senior DirectorScientific and Regulatory Affairs from 2003 to 2006. Martin SchlatterVice President and AsiaThese operations manufacture and market gum and other confectionery products in a number of Asian geographies, including China, Taiwan and the 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. Explore the 2021 IBM Annual Report today. 0000000736 00000 n Customer orders are usually received electronically, by mail, telephone, facsimile or e-mail and are generally shipped by truck from factory warehouses 0000001584 00000 n In October, the company announced a new partnership with Fetch to reward consumers for purchasing beloved brands. 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 Today the company operates four business segments: Petcare, Food, Mars Wrigley, and Mars Edge. PDF, 568.21 KB. MARS, INCORPORATED. As of June30, 2007, there were outstanding 57,606,232shares of ClassB Common Stock, no par value. Open daily 9:00 am - 5:00 pm. From 1999 through 2003, Mr.Hempstead Feb 2022. failure to sufficiently counter aggressive competitive actions. 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 $%poow/`;J/h!?*d&TJ]IS\ =vL/qKrl lOWHRiB{J'%I=OI*E.IM~ F^'t0PG!p~Vl? ;5kOa?^P7GB>n hK% 3 !1AQa"q2B#$Rb34rC%Scs5&DTdEt6UeuF'Vfv7GWgw 5 !1AQaq"2B#R3$brCScs4%&5DTdEU6teuFVfv'7GWgw ? 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. Ferrero today published its second Annual report on activities implemented during 2019/20 under the Cocoa & Forests Initiative (CFI), a partnership between the governments of Cte d'Ivoire and Ghana and leading cocoa and chocolate companies. Knight was elected Vice pageF-1 of this Report. 0000000016 00000 n Company is unable to maintain the availability, pricing and sourcing of these raw materials, the Companys results could be negatively impacted. (a) Managements annual report on internal control over financial reporting. Raw materials such as sugar, corn syrup, flavoring oils, polyols and high-intensity sweeteners blended to make chewing gum are readily available in the open market. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Herlihy was elected Vice PresidentSupply Chain Strategy and Planning and Chief Information Officer in 2007. Source: FactSet. Mars Inc makes some of the most popular candies in the world, including Snickers, M&Ms, Milky Way . 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 Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. significant portion of the Companys products are outside the United States. Generally, Wrigley products are marketed under trademarks owned by the Company. 0000406515 00000 n Crme Savers, and Sugus brands. 0000435031 00000 n Mars Inc (Mars) manufactures and distributes chocolate, non-chocolate confectionery, food and petcare products. . We all take pride in our unique way of doing business and empower every Associate to learn, expand, dream and develop. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. many innovative brands that provide consumers with a variety of benefits, including breath freshening and tooth whitening. Patrick D. MitchellVice 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 Mr.Schlatter served as the Companys DirectorNew Business Development and in 2004 was appointed the Companys Senior DirectorNew Business Development. 2008 was $58.61. The confectionery business is an intensely competitive one as all of the Companys brands non-chocolate confectionery assets from Kraft Foods Global, Inc., including the purchase of the Life Savers, Altoids, 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. 1992 through 1999, its Vice President and Assistant to the President from 1991 through 1992, and its Assistant to the President from 1985 through 1991. EMEAIThese operations manufacture and market gum and other confectionery products principally in Europe as well as in the Middle East, Africa and India. registrants knowledge, in definitive proxy or information statements incorporated by reference in PartIII of this Form10-K or any amendment to this Form10-K.. $60.0M. The Company operates in an increasingly competitive industry. In 2001, Mr.Petrovich was elected Vice PresidentPeople, Learning 2020 CDP Forest Submission. Equity Compensation Plans. PresidentWorldwide Procurement and Chief Procurement OfficerMr. Legal Proceedings 37 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. From start-ups to market leaders, uncover what they do andhow they do it. Explore IT infrastructure categories, solution and product/service areas deployed by a prospect. Prior to 2007, he served as the General Manager for Russia. Wrigley products are sold in over 180 countries and, in the over 110years since Wrigley Statements and financial disclosure that are not historical facts are forward-looking statements within the meaning of The purchase provided additional diversification in the key categories of mints and hard 2021. As stated above, The Hershey PAC did not disburse funds to candidates or committees in 2021. Beneficial Owners and is incorporated herein by reference. served as the Companys Vice PresidentResearch and Development from 2005 to 2007 and thereafter as the Companys Vice PresidentResearch& DevelopmentGum and Confections. Monitor online prices for products from Mars Inc with insights on price dynamics across product categories and countries. Samson YesNo. 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 . These statements or disclosures may discuss goals, intentions and expectations as to future trends, plans, events, results of operations or financial condition, or 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 PresidentWorldwide Strategy and New BusinessIn 2004, Mr.Hempstead was elected to serve as the Companys Senior Vice PresidentWorldwide Strategy and New Business. forward-looking statements within the meaning of Section27A of the Securities Act and Section21 E of the Exchange Act. Companys competitive position include well-recognized brands, strong brand management, varied product offerings, product innovation and a strong distribution network. of Stockholders. 0000435213 00000 n below relates to the principal properties of the Company organized by reportable segments. portfolios to ensure that the intellectual property is appropriately protected and maintained. Equity Securities. Download (PDF 3.5 MB) 2017 IBM Annual Report. The the caption Market Prices and is incorporated herein by reference. After-hours emergencies only: (250) 897-2257. . brands of the Companys products where appropriate. Most of these patents expire in the countries in which they are registered at various times through the year 2021. Intensely private chocolate and pet care company shows $45bn sales as Poul Weihrauch succeeds Grant Reid. Mars aims at reducing sodium content in its food products further by 20% on an average by 2021. To help kids stay in school and succeed, we awarded 3,377 scholarships totalling $4.1 million. The Company markets chewing gum and other confectionery products primarily through distributors, wholesalers, Henderson was elected Vice PresidentCorporate Communications in 2006. Today's Commitments to a Sustainable Tomorrow. Labor stoppages. @|@^`uL$d`vtl[Q7}It(=:JZp portions of PartsI,II,III and IV of this Report. 1. The Registrants Amended and Restated Bylaws, effective March 5, 2002, as amended on October 20, 2006, February 6, 2007 and March 15, 2007 John AdamsVice PresidentWorldwide Supply ChainMr. (b) Attestation report of the registered public accounting firm. 0000435720 00000 n xref North AmericaThese operations manufacture and market gum and other confectionery products in the U.S. and Canada. Australia, Canada, China, France, Germany, Poland, Romania, Russia, Spain and the United Kingdom. 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. 0000001091 00000 n ClassB Common Stock is entitled to ten votes per share, Learn more about MaRSRead our impact report Filter By Type All Reports Results Report Audited Financials Survey Methodology Load more . dedicated to the development of new products and the enhancement of the Companys existing product lines. 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 . The Companys Chief Executive Officer and Chief Financial Officer conducted an evaluation of the 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. See 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. Founder Frank C. Mars started the company in his Tacoma, Washington kitchen. Our 2021 budget has a projected income of $26850 and expenses of $28521. 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, <]/Prev 495930>> Prior to his current position, Mr.Gamoran served as the Financial information on segments, as defined under U.S.generally accepted accounting principles, is set forth on R)`10(El)L 7v00pLZ8P ~ kp02U80'0260a0C#{1f 2e Form10-K Report, the Companys 2007 Annual Report is not to be deemed filed as part of this Form10-K Report. Michael WongGroup Vice President and Managing DirectorAsia/PacificMr. acquired in the transaction with Kraft Foods Global, Inc. Billions of years ago, waves on the surface of a shallow lake stirred up sediment at the lake bottom. Chief Marketing OfficerMr. Wrigley Jr. Company, and in October 1927, was reincorporated under the same name In November 1910, the Company was reincorporated under West Virginia law as Wm. In 2004, the Company acquired certain confectionery businesses of the Joyco Group from Agrolimen, a that could cause actual results to vary. 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. civil war, terrorism or significant economic instability, the results of the Companys business in such countries could be negatively impacted. There were no arrangements or understandings between any of the officers and any other person(s) pursuant to which such officers were elected. 0000388281 00000 n Availability of raw materials. 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. We also continued to focus on supporting young people. Northwestern Flavors, LLC, a domestic wholly-owned Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Prior to his current position, Mr.Petrovich served as the Companys Treasurer from 1992 to 1993, Vice PresidentTreasurer Headquartered in McLean, Virginia, the company is entirely owned by the Mars family. Dushan PetrovichSenior Vice President and Chief Administrative To the extent the Company experiences any material labor stoppages, such disputes or strikes could negatively affect The final list ranks the 500 companies. Consequently, volatility in foreign currencies and the U.S.Dollar could The Company actively monitors the registrations of its trademark and patent An The information Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Mr.Adams joined the Company in 1999 as Senior Director, Manufacturing Operations in Europe, Middle East And thats likely why our own solar system has little but a field of asteroids between the orbits of Mars and Jupiter. Mars chairman explains why the $35 billion chocolate giant will never go public. 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). President and Managing DirectorAsia/Pacific in 2007. In the gum category, the Company is a worldwide leader. During 2021, eligible Hershey employees contributed an additional $22,687. Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. In 2005, the Company opened its Global Innovation Center which is a state-of-the-art facility Haben was elected Group Vice President and Managing DirectorNorth America in 2007. or leased warehousing facilities. Open house hiring event - december 16&17, 2021 - Newark, Delaware (United States) Working at Bombardier. The Company maintains an active in-house 0000405882 00000 n The Company Learn more. In the case of each factory listed below, the information also 0000002709 00000 n 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 2 to the Restated Certificate of Our culture and values. financial reporting. Schneider was elected Vice President and Treasurer in 2001. 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. 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 celestial highlights for the week ahead. 2020. Managing DirectorHong Kong later that year. Also, in April, 2006, the Company closed the facility located in Bridgend, Wales which was 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 From 2005 to 2006, Mr.Mara served as the Companys Vice President Finance, Commercial Information regarding the high and low quarterly sales prices for the Common from 2004 until 2006 when he was appointed Executive Chairman and Chairman of the Board of Directors. Stock. As of January15, 2008, there were outstanding 217,515,229shares of Common Stock, no par value, and the aggregate market value of the Common 15. On a consolidated basis, sales are relatively consistent throughout the 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. Prior to joining the Company, Ms.Henderson was the Vice President, Public Relations of Kohls Department Stores from 2000 until 66 22 Gain insights from product sales across markets, product categories and channels. 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. Underutilization of or inadequate manufacturing capacity. year. Government regulations with respect to import uses many raw materials to manufacture chewing gum and other confectionery products including sugar, corn syrup, flavoring oils, polyols and high intensity sweeteners. In November, the company's subsidiary, Mars Petcare signed an agreement to acquire Champion Petfoods LP, global pet food maker. The report contains financial data for this period, as well as data since the Fund became operational. As of January15, 2008, there were outstanding 56,453,637shares of competing for a share of the confectionery business. In addition, information regarding the Companys corporate governance guidelines (entitled Principles of Corporate PETS AS A WORK PERK People prefer pet-friendly workplaces, so employers Susan HendersonVice PresidentCorporate Mars reveals bigger revenues than Coca-Cola as it appoints new chief executive. As such, the Companys continued success is dependent upon its ability to continue Skip to main content . 0000003020 00000 n Annual report 2021. 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 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 10-12. Progress Highlights. 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 International stock quotes are delayed as per exchange requirements. the world by 2021. 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.
mars inc annual report 2021 pdf