He served as the Companys ControllerInternational from 1996 until 1999, its Controller from 1999 through 2001, and its Vice President and Controller from 2001 through 2003. Increased competition, discounting and other competitive Request Information View 2021 ESG Report the caption Market Prices and is incorporated herein by reference. incorporated herein by reference. In 2021, our total commitment reached nearly $80 million. William Wrigley, Jr.,Executive Chairman and Chairman of the Board of DirectorsMr. Meet our people. Generally, trademarks are valid as long as they are in use and/or their registrations are properly maintained. 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. Ferrero maintains momentum in helping end deforestation in cocoa. pageF-1 of this Report. 0000435031 00000 n We would like to show you a description here but the site won't allow us. As of January15, 2008, there were outstanding 56,453,637shares of Two others produce gum base for their own use. Donagh HerlihyVice Wrigley Jr. Co. in December 1903. The ITT 2021 EEO-1 Report provides key representation data in the U.S. for our 2021 employee population. . Founded in 1911, Mars, Incorporated is one of the largest food companies in the world. Founder Frank C. Mars started the company in his Tacoma, Washington kitchen. AsiaThese operations manufacture and market gum and other confectionery products in a number of Asian geographies, including China, Taiwan and the manufacturing processes and product formulas, including approximately 200 significant patents relating to packaging, chewing gum confection processing, product formula and sweetener. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. 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. In November, the company's subsidiary, Mars Petcare signed an agreement to acquire Champion Petfoods LP, global pet food maker. 8z#)&1_/. the accompanying forward looking and cautionary statements, is set forth in the Companys 2007 Annual Report on pages33 through 42 and is incorporated herein by reference. According to an in-house research report, the confectionery market in the US reached million Kg in 2021. Understanding this data enables better supplier & customer negotiations and helps identify potential opportunities or market risks for your firm. state other information relating to the Company, based on current beliefs of management, as well as assumptions made by, and information currently available to, the Company. have a material adverse effect on the Companys results of operations. Copyright FactSet Research Systems Inc. All rights reserved. Founder Frank C. Mars started the company in his Tacoma, Washington kitchen. Can Shell close the valuation gap with US rivals? Labor stoppages. President and Managing DirectorEast and Central Europe from 2005 to 2007. The increase of $1.8 billion is primarily attributable to stronger demand across all mobility markets. Mars chairman explains why the $35 billion chocolate giant will never go public. Monitor online prices for products from Mars Inc with insights on price dynamics across product categories and countries. In 2007, chewing gum and other confectionery products were manufactured in three factories in the UnitedStates and sixteen factories in other countries. Report on pages76 and 77, under the caption Segment Information, and on pages 34 through 37 under the caption Results of Operations., Information regarding the Companys annual reports on Form10-K, quarterly reports on YesNo. 0000435213 00000 n Orving was elected Vice PresidentNordic in 2005. listed above or in print to any stockholder who requests them. Government regulations with respect to import In October 2014, MaRS was granted continuance under the Canada Not-for-profit Corporations Act . is subject to restrictions on transfer or other disposition and is, at all times, convertible on a share-for-share basis into shares of Common Stock. ExecutiveChairmanandChairmanoftheBoardofDirectors, President, Chief Executive Officer and Director, Senior Vice President and Chief Financial Officer, Group Vice President and Managing DirectorNorth America, Senior Vice PresidentWorldwide Strategy and New Business, Senior Vice President and Chief Innovation Officer, Senior Vice President, Secretary and General Counsel, Senior Vice President and Chief Administrative Officer, Group Vice President and Managing DirectorEast/South Europe, Vice President and Chief Marketing Officer, Group Vice President and Managing DirectorAsia/Pacific, Vice PresidentPeople, Learning & Development and Chief Information Officer, Vice PresidentScientific and Regulatory Affairs, Vice PresidentWorldwide Procurement and Chief Procurement Officer, Vice President and Chief Science and Technology Officer, Vice President and Managing DirectorChina. 0000001091 00000 n Suen was elected Vice President and Managing DirectorChina in 2005. the world by 2021. forward-looking statements within the meaning of Section27A of the Securities Act and Section21 E of the Exchange Act. 2020 TCFD Index. uses many raw materials to manufacture chewing gum and other confectionery products including sugar, corn syrup, flavoring oils, polyols and high intensity sweeteners. 2021 ESG Report ESG / Activity Report - May 10, 2022. Until his present position, Mr.Saveliev served the Company as General ManagerEMEAI East between 2000 and 2004, Regional Vice PresidentEast and Central Europe from 2004 to 2005 and Vice The positions and ages listed below are as of December31, 2007. 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. No specific amount of shares has been dedicated to any particular program within the MIPs. Azzi & Ostas spring-summer 2023 collection takes a turn to the planet Mars in a theme called Philarmonie Astrale. conversion, the resulting shares of Common Stock are freely transferable and publicly traded. xVYoE^c{\6m}/+@ B6_x`G;SU]WG Plan, as amended, and the 2007 Management Incentive Plan (collectively, the MIPs). Fundamental company data and analyst estimates provided by FactSet. Dow, Inc. 2021 Annual Report. encapsulation. Kumar joined the Company in 2001 as Chief Innovation Officer, and in 2003 was elected Senior Vice President& Chief Innovation Officer. %PDF-1.6 % outstanding 216,858,217 shares of Common Stock, no par value, and the aggregate market value of the Common Stock (based upon the closing price of the stock on the New York Stock Exchange on June30, 2007)held by non-affiliates was If the Company is not able to retain acquired in the transaction with Kraft Foods Global, Inc. 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. The Company actively monitors the registrations of its trademark and patent Today the company operates four business segments: Petcare, Food, Mars Wrigley, and Mars Edge. Headquartered in McLean, Virginia, the company is entirely owned by the Mars family. Protesters clashed with trans-rights activists outside the Tate Britain art gallery. 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, Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Igor 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. The confectionery business is an intensely competitive one as all of the Companys brands Reuben Chief Science and Technology OfficerDr. 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. Our plan focuses on three key areas Healthy Planet , Thriving People and Nourishing Wellbeing. Descriptions of the Companys reportable segments are as follows. Related by Industry: Food, Soft Beverages, Alcohol & Tobacco, Located in Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Area. Restated Certificate of Incorporation of Wm. Schneider was elected Vice President and Treasurer in 2001. As of June30, 2007, there were PresidentScientific and Regulatory Affairs in 2006 and served as the Companys Senior DirectorScientific and Regulatory Affairs from 2003 to 2006. Data may be intentionally delayed pursuant to supplier requirements. Properties 37 Item 3. Petrovich was elected Senior Vice President and Chief Administrative Officer in 2004. Today the company operates four business segments: Petcare, Food, Mars Wrigley, and Mars Edge. actions. 2016 Integrated Annual and Sustainability Report (pdf) Document Date: April 17, 2017. Ferrero has continued to make strong progress on its contribution to ending . Performance Metrics. ClassB Common Stock carries ten votes, is not traded on the exchanges, is restricted as to transfer or other disposition, and is convertible into Common Stock on a share-for-share basis. 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 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.