mars inc annual report 2021 pdf

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. respect to Directors, set forth on pages40 through 41 and with respect to the officers, set forth on pages19 through 25 of the Companys retention of retail space. In brands of the Companys products where appropriate. 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 Explore the 2021 IBM Annual Report today. recently as the Senior Vice President, Open Innovation. subsidiary of the Company, processes flavorings and refined mint oil for the Company. Government regulations with respect to import While the Company considers To the extent the Company experiences any material labor stoppages, such disputes or strikes could negatively affect Prior to 2004, Mr.Wrigley, Jr. served as the Companys President and Chief Executive Officer from 1999 to 2003, its Vice President from The Company Save . Knight was elected Vice In 2005, the Company announced plans to restructure its North American production network in order to maximize supply chain efficiencies. below relates to the principal properties of the Company organized by reportable segments. Mars Inc (Mars) manufactures and distributes chocolate, non-chocolate confectionery, food and petcare products. Our global family and the common bond we share is beyond any other. at December31, 2007, and 2006 and for each of the three years in the period ended December31, 2007, are set forth in the Companys 2007 Annual Report on pages47 through 77, and selected unaudited quarterly data-consolidated 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. 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 Founder Frank C. Mars started the company in his Tacoma, Washington kitchen. The Company operates in an increasingly competitive industry. We all take pride in our unique way of doing business and empower every Associate to learn, expand, dream and develop. Download (PDF 3.5 MB) 2017 IBM Annual Report. ClassB Common Stock was issued for every 4shares of Common Stock and every 4shares of ClassB Common Stock held as of the close of business on April17, 2006. The aggregate market value of the voting and non-voting stock held by non-affiliates of the Registrant, as of March 26, 2021, the last business day of the Registrant's most recently completed second fiscal quarter, was approximately $ 2,021,360,000,000.Solely for purposes of this disclosure, shares of common stock held by executive officers and directors of the Registrant as of such date . Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Bombardier quarterly reports, annual reports, financial statements and other financial documents. Mr. Suen joined the Company in 1979 as Marketing ManagerHong Kong and became Today, 84% of our portfolio (by sales volume) Prior to his current position, Mr.Gamoran served as the . 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. corporate chains and cooperative buying groups that distribute the product through retail outlets with consumer purchases at the retail level generated primarily through the Companys advertisements on television as well as in newspapers, Premium Content. from 2004 until 2006 when he was appointed Executive Chairman and Chairman of the Board of Directors. Company Profile & Annual Report for Mars Access the complete profile. ClassB Common Stock carries ten votes per share, is not traded on the exchanges, is restricted as 2020 CDP Forest Submission. All properties are owned by the Company unless otherwise indicated. 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. 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. Chocolates accounted for the . 0000435213 00000 n From 2005 to 2006, Mr.Mara served as the Companys Vice President Finance, Commercial Oct 21, 2021. 2017. This brings the total number of healthy meals provided by Mars Food to more than four billion. worldwide. Corporate Governance and Nominating Committee are set forth in the Companys Proxy Statement on pages8 through 14 under the caption Corporate Governance and is incorporated herein by reference. Companys Vice PresidentPeople, Learning& Development and Chief Information Officer from 2006 to 2007 and as the Vice PresidentChief Information Officer from 2000 to 2006. Founded in 1911, Mars, Incorporated is one of the largest food companies in the world. In October 2014, MaRS was granted continuance under the Canada Not-for-profit Corporations Act . Jon OrvingVice PresidentNordicMr. TABLE OF CONTENTS Page PART I Item 1. Business 7 Item 1A. Jupiter-like analogs may stymie the evolution of multiple stable earthlike planets within a given solar system, says a new study. the world by 2021. The Company competes worldwide with other well-established manufacturers of confectionery products, including chewing gum. Revenue: Over $500 million See Exact Annual Revenue: Employees: Over 1,000 Exact Company Size: Primary Industry: . manufacturing processes and product formulas, including approximately 200 significant patents relating to packaging, chewing gum confection processing, product formula and sweetener. (SPACs), Transportation, Infrastructure & Logistics. PresidentSupply Chain Strategy and Planning and Chief Information OfficerMr. The number of Mars employees grew significantly while Reid was at the helm. Dow, Inc. 2021 Annual Report. 0000388281 00000 n Exchange Act is set forth in the Companys Proxy Statement on page48 under the caption Section16(a) Beneficial Ownership Reporting Compliance and is incorporated herein by reference. Stock. As of January15, 2008, there were outstanding 56,453,637shares of 2023 Forbes Media LLC. On a consolidated basis, sales are relatively consistent throughout the From 2004 through 2005, Mr.Gamoran was the Companys Vice President 2019 Sustainability . Headquartered in McLean, Virginia, the company is entirely owned by the Mars family. As such, the Companys continued success is dependent upon its ability to continue The Company maintains an active in-house I$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% Changes in foreign currency and marketplace conditions. DirectorAsia from 2000 to 2005 and Vice President and Managing DirectorAsia from 2005 to 2007. liabilities and hold assets in a variety of foreign currencies which we translate into U.S. Shares awarded under all above plans may be newly issued, from the Companys treasury or acquired in the PepsiCo Diversity, Equity & Inclusion Annual Report 2020. endstream endobj 71 0 obj <> endobj 72 0 obj <> endobj 73 0 obj <> endobj 74 0 obj <>stream Peter HempsteadSenior Vice The Companys principal business remains manufacturing and marketing chewing gum and other confectionery products EMEAIThese operations manufacture and market gum and other confectionery products principally in Europe as well as in the Middle East, Africa and India. Prior This acquisition provided the Company with an opportunity to enter the chocolate confectionery marketplace with a well MARS PETCARE BETTER CITIES FOR PETS 2020 REPORT | 2020, MARS OR AFFILIATES. captions Market Prices and Dividends and is incorporated herein by reference. and Chief Financial Officer. YesNo, Indicate by check mark if disclosure of delinquent filers pursuant to Item405 of RegulationS-K (Section229.405 of this chapter) is not contained herein, and will not be contained, to the best of Increased competition, discounting and other competitive " mV)dSHPzBg-ns}.j_UDYY1:lJI5g:%0z'UBvB+ F*s6h-v LrJh-Y-4 ( 5`TFAlVr]d!#G> :/K^u_Y.yLkcx0,9/QZmZz-naQE,p%}@[Ms}x%[?>-#S3 `2)MtHGJ\nTieProYczBO!tL'1,t1^ElPwGqt>t M~o;l|I'5k.*]xm>k%X3i>d{eCD8s>xnN7Kx]bi>jkQ} Patrick D. MitchellVice Data may be intentionally delayed pursuant to supplier requirements. 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. All rights reserved. In the aggregate, 25,000,000shares are authorized under the 1997 Management Crme Savers, and Sugus brands. President and Managing DirectorAsia/Pacific in 2007. In all areas in which the Company Restated Certificate of Incorporation of Wm. Inventory requirements of the Company are not materially affected by seasonal or other factors. There was no change in the Companys internal control over financial reporting during the Mr.Saveliev joined the Company Beneficial Owners. Information regarding director independence is hereby incorporated by reference from pages 8 through 9 of the Companys Proxy Statement under the heading Director Independence., Information regarding principal accountant fees and services is incorporated by reference from the Companys Proxy Statement on page47 under the heading Service Fees Paid to the Independent Registered The factors identified are <]/Prev 495930>> 2021. . 66 22 SEC Form 17-A. To the extent there is political or social unrest, Additional direct customers are vending distributors, concessionaires and other established customers purchasing in wholesale quantities. PresidentWorldwide Procurement and Chief Procurement OfficerMr. PDF, 568.21 KB. in the Companys 2007 Annual Report on page48 and is incorporated herein by reference. From 2000 to 2004, Mr. Grishakov 0000001091 00000 n Assuming all shares of outstanding ClassB Common Stock were converted into Common Stock, the aggregate market value of Common Stock held by 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 trailer Chief Science and Technology OfficerDr. We also continued to focus on supporting young people. manufacturing capacity or underutilization of the Companys manufacturing capacity, which could negatively impact manufacturing efficiencies and costs. Information regarding the Companys Audit Committee, The responsible for the global convenient meals, grocery and snack sectors. 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. Upon such conversion, the resulting shares of Common Stock are freely transferable and publicly traded. 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 The fourth annual State of Snacking report highlights the expanded role of snacking - as snacking increasingly replaces traditional meals in consumers' lives. The . Executive Chairman, Chairman of the Board and Director. Until his present position, Mr.Orving served as the Managing Director of R)`10(El)L 7v00pLZ8P ~ kp02U80'0260a0C#{1f 2e -4- UVA-F-1612 . I$RI$I%)$IJI$JNJd-$I S.p.A. in Europe, the Middle East, Africa and India, and The Hershey Company in North America. 29). All forward-looking statements included in this report and in the documents incorporated by reference herein are expressly qualified in their entirety by the foregoing cautionary statements. employed by Nestle from 1994 to 2004, most recently as Director of Research& DevelopmentIce Cream. Dividends, which 0000000736 00000 n 0000451286 00000 n The following exhibits were In addition, information regarding the Companys corporate governance guidelines (entitled Principles of Corporate SCHEDULEII VALUATION AND QUALIFYING ACCOUNTS, YEARS ENDED DECEMBER31, 2007, 2006 AND 2005. Also, the Company maintains primarily leased branch sales offices and warehouse facilities in the United States and abroad. Download Annual Report(PDF936 KB)PDF Format Download (opens in new window) Proxy Statement(PDF4.88 MB)PDF Format Download (opens in new window) 2021 Annual Reports Download Annual Report(PDF3.75 MB)PDF Format Download (opens in new window) Proxy Statement(PDF5.16 MB)PDF Format Download (opens in new window) 2020 Annual Reports 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'). Mars is headquartered in McLean, Virginia, the US. Dollars for financial reporting purposes at the then-applicable exchange rate. to carry out the Companys business. Today the company operates. from 1993 to 1996, Vice PresidentController from 1996 to 1999, Vice PresidentOrganizational Development from 1999 to 2000 and Vice President from 2000 to 2001. 10) and Syracuse (No. Cadie Thompson. North AmericaThese operations manufacture and market gum and other confectionery products in the U.S. and Canada. Schneider was elected Vice President and Treasurer in 2001. formats, product and packaging innovations, technological advances, and new industry techniques have all added variables for companies in the confectionery industry to consider in order to remain competitive. privately-held Spanish conglomerate. Companys inability to successfully integrate any acquired businesses or assets could cause actual results to differ from anticipated results or expectations of the business. portfolios to ensure that the intellectual property is appropriately protected and maintained. 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).