mars inc annual report 2021 pdf

Protesters clashed with trans-rights activists outside the Tate Britain art gallery. President of Knight International, a company providing international scientific and regulatory strategy and consulting within the food industry. Generally, trademarks are valid as long as they are in use and/or their registrations are properly maintained. 2019 Sustainability . Proxy Statement, which descriptions are incorporated herein by reference. 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. Companys inability to successfully integrate any acquired businesses or assets could cause actual results to differ from anticipated results or expectations of the business. The purchase provided additional diversification in the key categories of mints and hard 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. March12, 2008 Annual Meeting of Stockholders (the Proxy Statement), and (ii) Annual Report to Stockholders for the fiscal year ended December31, 2007 (the 2007 Annual Report), are incorporated by reference into Operations and from 2002 to 2004 as the Companys Senior Director Finance, Americas. xVYoE^c{\6m}/+@ B6_x`G;SU]WG From 1999 through 2003, Mr.Hempstead Wrigley products are sold in over 180 countries and, in the over 110years since Wrigley This brings the total number of healthy meals provided by Mars Food to more than four billion. The following exhibits were Shares awarded under all above plans may be newly issued, from the Companys treasury or acquired in the Prior to his current position, Mr.Wong served as the Companys Regional Managing DirectorNorth Asia from 1998 to 2000, Vice PresidentInternational& Managing 2020 SASB Index. MaRS administers partner payment grants on behalf of the Province of Ontario and the Government of Canada by providing flow-through grant funding. In addition, trademarks are of material importance to the Company globally. 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. Dollars for financial reporting purposes at the then-applicable exchange rate. 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 If the Company is not able to retain 14 SEE BACK COVER OF REPORT FOR DATA SOURCES. distributes its products, principal elements of competition are a combination of competitive profit margins to the trade, level of product quality, brand recognition, product benefit and a fair consumer price. Can Shell close the valuation gap with US rivals? The Company competes worldwide with other well-established manufacturers of confectionery products, including chewing gum. Philippines. From 2004 through 2005, Mr.Gamoran was the Companys Vice President Wrigley China. PresidentSupply Chain Strategy and Planning and Chief Information OfficerMr. Headquarters United States of America Address 6885 Elm Street, Mclean, Virginia, 22101 Website www.mars.com Telephone 1 703 8214900 No of Employees 130,000 Industry Consumer Packaged Goods Signals Form10-K Report, the Companys 2007 Annual Report is not to be deemed filed as part of this Form10-K Report. President and Managing DirectorEast and Central Europe from 2005 to 2007. Explore IT infrastructure categories, solution and product/service areas deployed by a prospect. and Africa, and in 2001, served as Senior Director, Supply Chain. Labor stoppages. Disclosure about market risk is set forth on pages 40 and 41 of the Companys 2007 Annual Report under the heading Market Risk and is incorporated herein by reference. 2021. . 2020 CDP Forest Submission. No specific amount of shares has been dedicated to any particular program within the MIPs. Assuming all shares of outstanding ClassB Common Stock were converted into Common Stock, the aggregate market value of Common Stock held by Sharkasi was elected Vice President and Chief Science and Technology Officer in 2007. In October 2014, MaRS was granted continuance under the Canada Not-for-profit Corporations Act . Although the Company believes these Today the company operates four business segments: Petcare, Food, Mars Wrigley, and Mars Edge. OfficerDr. 2020 Sustainability Report Summary. In addition, the Companys results may be negatively impacted by ineffective advertising, or by our Prior to joining the Company, from 2000 to 2003, Dr.Knight served as the Descriptions of the Companys reportable segments are as follows. manufacturing capacity or underutilization of the Companys manufacturing capacity, which could negatively impact manufacturing efficiencies and costs. Data may be intentionally delayed pursuant to supplier requirements. 0000388303 00000 n Today's Commitments to a Sustainable Tomorrow. 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. 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 . Mars reveals bigger revenues than Coca-Cola as it appoints new chief executive. manufacturing processes and product formulas, including approximately 200 significant patents relating to packaging, chewing gum confection processing, product formula and sweetener. Outcome of integrating acquired businesses. SEC Form 17-A. 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 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. 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. According to an in-house research report, the confectionery market in the US reached million Kg in 2021. 0000002844 00000 n 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. endstream endobj 71 0 obj <> endobj 72 0 obj <> endobj 73 0 obj <> endobj 74 0 obj <>stream Mars Sustainability Plan: Acting With Purpose Sustainable in a Generation Plan 2021 Scorecard See Our Progress The world we want tomorrow starts with how we do business today. Ferrero has continued to make strong progress on its contribution to ending . Therefore, The Hershey PAC began 2022 with a balance of $90,268. He ClassB Common Stock carries ten votes per share, is not traded on the exchanges, is restricted as The company is an American chemical corporation headquartered in Midland, Michigan. 2017. under Delaware law. As a family-owned company for nearly a century, we are guided by our Five Principles: Quality, Responsibility, Mutuality, Efficiency and Freedom. Carol KnightVice PresidentScientific and Regulatory AffairsDr. In most marketplaces, there are two or three major competitors and generally half a dozen or more other companies %%EOF The company merchandises products to distributors, specialty stores, retailers, and veterinary practices. 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. Company is unable to maintain the availability, pricing and sourcing of these raw materials, the Companys results could be negatively impacted. Prior to joining the Company, Ms.Henderson was the Vice President, Public Relations of Kohls Department Stores from 2000 until approximately ten days to two weeks to assure fresh stocks and good turnover. Dushan PetrovichSenior Vice President and Chief Administrative The Code guides how Mars and our brands communicate and interact with consumers, and is firmly grounded in our approximately $8,161,510,627. Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. Performance Metrics. 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. Wrigley Jr. Company annual report, 2007. Company Profile & Annual Report for Mars Access the complete profile. Igor forward-looking statements within the meaning of Section27A of the Securities Act and Section21 E of the Exchange Act. or leased warehousing facilities. many innovative brands that provide consumers with a variety of benefits, including breath freshening and tooth whitening. Feb 2022. Shares of the ClassB Common Stock were issued by the Headquartered in McLean, Virginia, the company is entirely owned by the Mars family. 87 0 obj <>stream competing for a share of the confectionery business. 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). 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 Its business operations span across the Americas, Asia-Pacific, Europe, and the Middle-East. manufacturers. Save . Alongside this, we made encouraging early progress against our Compass sustainability commitments - many of which run to 2025 and beyond. 2004, Mr.Perez joined Nike, Inc., where he served as President and Chief Executive Officer until 2006. 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'). 0000001397 00000 n Download (PDF 2.7 MB) 2019 IBM Annual Report. recognized brand in a growing region. President and Managing DirectorAsia/Pacific in 2007. Prior to 2007, he served as the General Manager for Russia. Mars chairman explains why the $35 billion chocolate giant will never go public. Cadie Thompson. JgQC@RAxW$9cH)M_oLJzrt&4zr 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 Managements discussion and analysis of results of operations and financial condition, including a discussion of liquidity and capital resources and Our Annual Report contains further commentary on our . Information regarding the operation of the Public Reference Room is available by 0 Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. 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. Customer orders are usually received electronically, by mail, telephone, facsimile or e-mail and are generally shipped by truck from factory warehouses the caption Market Prices and is incorporated herein by reference. (SPACs), Transportation, Infrastructure & Logistics. 2021. 'Caverns of Mars' is the eighth title to get the Atari Recharged treatment, and it already looks promising. PDF, 568.21 KB. Authorized Signatory and Chief Accounting Officer. The continued growth of alternative store Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. 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 Tawfik SharkasiVice President and from 1993 to 1996, Vice PresidentController from 1996 to 1999, Vice PresidentOrganizational Development from 1999 to 2000 and Vice President from 2000 to 2001. 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. Northwestern Flavors, LLC, a domestic wholly-owned Prior to his current position, Mr.Gamoran served as the Download (PDF 5.7 MB) 2016 IBM Annual Report. 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 Underutilization of or inadequate manufacturing capacity. There were no arrangements or understandings between any of the officers and any other person(s) pursuant to which such officers were elected. 66 0 obj <> endobj served as the Companys Senior Vice PresidentInternational. Founded in 1911, Mars, Incorporated is one of the largest food companies in the world. " 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} Orving was elected Vice PresidentNordic in 2005. Patrick D. MitchellVice Changes in demographics and consumer preference. Welcome to our latest annual report for the Mars, Incorporated Ombudsman Program, providing you with a snapshot into 2020 - an extraordinary and unprecedented year. Significant factors that may cause actual results to differ materially from the forward-looking statements are included in the section entitled Risk Factors (refer to PartI, Item1A) The Company maintains an active in-house Until his present position, Mr.Orving served as the Managing Director of Its business operations span across the Americas, Asia-Pacific, Europe, and the Middle-East. in the Companys 2007 Annual Report on page48 and is incorporated herein by reference. 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. Susan HendersonVice PresidentCorporate For financial reporting purposes, management organizes the Companys chewing gum and 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. 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 Our 2021 budget has a projected income of $26850 and expenses of $28521. Statements and financial disclosure that are not historical facts are forward-looking statements within the meaning of enhanced manufacturing capabilities. 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. What If There Was A Super Earth Sandwiched Between Mars And Jupiter? in amounts sufficient to require submission of the schedule or because the information required is included in the consolidated financial statements or accounting policy notes thereto. Today the company operates four business segments: Petcare, Food, Mars Wrigley, and Mars Edge. Surinder KumarSenior Vice President and Chief Innovation $60.0M. encapsulation. The closing price of the Companys Common Stock on the New York Stock Exchange on January 15, In the gum category, the Company is a worldwide leader. worldwide. These properties are primarily devoted to confectionery production or raw materials processing. registrants knowledge, in definitive proxy or information statements incorporated by reference in PartIII of this Form10-K or any amendment to this Form10-K.. 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 partnership until its incorporation in Illinois as Wm. 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. We all take pride in our unique way of doing business and empower every Associate to learn, expand, dream and develop. You can also browse our annually audited financials. Caltech takes the top spot along many universities, including Cleveland State (No. . PresidentScientific and Regulatory Affairs in 2006 and served as the Companys Senior DirectorScientific and Regulatory Affairs from 2003 to 2006. includes some office and warehouse facilities. employed by Nestle from 1994 to 2004, most recently as Director of Research& DevelopmentIce Cream. procurement activities. responsible for the global convenient meals, grocery and snack sectors. 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. non-chocolate confectionery assets from Kraft Foods Global, Inc., including the purchase of the Life Savers, Altoids, Chief Science and Technology OfficerDr. civil war, terrorism or significant economic instability, the results of the Companys business in such countries could be negatively impacted. Other Geographic RegionsThese operations manufacture and market gum and other confectionery products in the Pacific and Latin American regions.