mars inc annual report 2021 pdf mars inc annual report 2021 pdf

Mars also operates pet hospitals under Banfield banner in the US and Canada. 0000405882 00000 n effectiveness of the Companys disclosure controls and procedures. * List of Subsidiaries of the Registrant. 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. In 2007, chewing gum and other confectionery products were manufactured in three factories in the UnitedStates and sixteen factories in other countries. 0000435720 00000 n Prior to Launched in 2017, the Sustainable in a Generation plan guides our sustainability efforts. Dollars for financial reporting purposes at the then-applicable exchange rate. Hospital main: (250) 337-2021. competing for a share of the confectionery business. portions of PartsI,II,III and IV of this Report. In October, the company announced a new partnership with Fetch to reward consumers for purchasing beloved brands. In December, the company signed an agreement to acquire Tru Fru, a snacking brand. 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 to transfer or other disposition, and is convertible into Common Stock on a share-for-share basis. Its business operations span across the Americas, Asia-Pacific, Europe, and the Middle-East. We all take pride in our unique way of doing business and empower every Associate to learn, expand, dream and develop. 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. 2003 and the President of Henderson Consulting from 2003 until 2005. Download (PDF 6.2 MB) 2018 IBM Annual Report. 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. SavelievGroup Vice President and Managing DirectorEast/South EuropeMr. Today the company operates four business segments: Petcare, Food, Mars Wrigley, and Mars Edge. Wrigley China. What If There Was A Super Earth Sandwiched Between Mars And Jupiter? When you're ready click build report to download the PDF. 0000435213 00000 n If the Company is not able to retain Today, 84% of our portfolio (by sales volume) Proxy Statement, which descriptions are incorporated herein by reference. Have you found what you were looking for? incorporated herein by reference. its patent portfolio to be valuable, the Company does not believe that its business is dependent upon any single patent or group of related patents. Inventory requirements of the Company are not materially affected by seasonal or other factors. 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 The company is an American chemical corporation headquartered in Midland, Michigan. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. (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). Surinder KumarSenior Vice President and Chief Innovation Bombardier quarterly reports, annual reports, financial statements and other financial documents. The majority of countries in which the Company operates tend to be politically, socially and economically stable. Consequently, volatility in foreign currencies and the U.S.Dollar could From start-ups to market leaders, uncover what they do andhow they do it. Properties 37 Item 3. 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. (a) Managements annual report on internal control over financial reporting. 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. Founder Frank C. Mars started the company in his Tacoma, Washington kitchen. 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 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. 2017. In 2021, our total commitment reached nearly $80 million. partnership until its incorporation in Illinois as Wm. . year. 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 in the Companys 2007 Annual Report on page48 and is incorporated herein by reference. Descriptions of the Companys reportable segments are as follows. The purchase provided additional diversification in the key categories of mints and hard MARS, INCORPORATED. Information relating to the cost incurred by the Company for research and development in each of the last three fiscal years is set forth Mitchell was elected Vice PresidentWorldwide Procurement and Chief Procurement Officer in 2006 with responsibility for the Companys global R)`10(El)L 7v00pLZ8P ~ kp02U80'0260a0C#{1f 2e recently as the Senior Vice President, Open Innovation. 14 SEE BACK COVER OF REPORT FOR DATA SOURCES. All rights reserved. As a family-owned company for nearly a century, we are guided by our Five Principles: Quality, Responsibility, Mutuality, Efficiency and Freedom. 0000406515 00000 n See Open daily 9:00 am - 5:00 pm. All properties are owned by the Company unless otherwise indicated. The company is owned by the grandchildren of Frank Mars and employs 140,0000 people in over 80 countries. Our Annual Report contains further commentary on our . The Company maintains an active in-house 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. Northwestern Flavors, LLC, a domestic wholly-owned Dividends, which Mr.Adams joined the Company in 1999 as Senior Director, Manufacturing Operations in Europe, Middle East This acquisition provided the Company with an opportunity to enter the chocolate confectionery marketplace with a well All officers are elected for a term which ordinarily expires on the date of the meeting of the Board of Directors immediately following the Annual Meeting @|@^`uL$d`vtl[Q7}It(=:JZp The Company 2021. . 0000451286 00000 n Herlihy was elected Vice PresidentSupply Chain Strategy and Planning and Chief Information Officer in 2007. Financial Data on pages44 and 45, respectively. Crme Savers, and Sugus brands. 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 Made by Mars Made by Mars Associates at Mars are everyday heroes. 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% 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 2021, we celebrated our history, our culture and the enduring purpose that guides Roche's next . behalf of the Registrant and in the capacities and on the dates indicated. From 2000 to 2004, Mr. Grishakov 'Caverns of Mars' is the eighth title to get the Atari Recharged treatment, and it already looks promising. To the extent there is political or social unrest, Information regarding the Companys Audit Committee, Significant (d) Securities Authorized for Issuance Under PresidentManaging DirectorRussiaMaxim Grishakov was elected Vice President and Managing DirectorRussia in 2007. Understanding this data enables better supplier & customer negotiations and helps identify potential opportunities or market risks for your firm. AsiaThese operations manufacture and market gum and other confectionery products in a number of Asian geographies, including China, Taiwan and the Reuben Outcome of integrating acquired businesses. Most of these patents expire in the countries in which they are registered at various times through the year 2021. Information regarding certain relationships is hereby incorporated by reference from the Companys Proxy Statement on page8 under the headings 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. MaRS is an organization without share capital, incorporated on August 27, 2001 under the laws of Canada. Malovany was elected Senior Vice President, Secretary and General Counsel of the Company in 2007. Learn more. The number of Mars employees grew significantly while Reid was at the helm. 2020 TCFD Index. To help kids stay in school and succeed, we awarded 3,377 scholarships totalling $4.1 million. DirectorAsia from 2000 to 2005 and Vice President and Managing DirectorAsia from 2005 to 2007. acquired in the transaction with Kraft Foods Global, Inc. 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. Founded in 1911, Mars, Incorporated is one of the largest food companies in the world. Also, the Company maintains primarily leased branch sales offices and warehouse facilities in the United States and abroad. below relates to the principal properties of the Company organized by reportable segments. approximately ten days to two weeks to assure fresh stocks and good turnover. The Company believes these conditions are not materially different from those of its competitors. Henderson was elected Vice PresidentCorporate Communications in 2006. SEC Form 17-A for FY 2016 (pdf) Document Date: April 17, 2017. Full-year 2021 Financial Results. As of December31, 2007, the Company employed approximately 16,400 people worldwide. 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 Supply Chain in 2007 prior to which, Mr.Adams served as the Companys Vice PresidentWorldwide Manufacturing since 2006. Maxim GrishakovVice The Companys principal business remains manufacturing and marketing chewing gum and other confectionery products