mars inc annual report 2021 pdf

have a material adverse effect on the Companys results of operations. Incorporation of Wm. The Wm. 2003 and the President of Henderson Consulting from 2003 until 2005. 14 SEE BACK COVER OF REPORT FOR DATA SOURCES. Its business operations span across the Americas, Asia-Pacific, Europe, and the Middle-East. Northwestern Flavors, LLC, a domestic wholly-owned Dividends, which Information regarding Compliance with Section16(a) of the Annual/Integrated Report. 0000388281 00000 n served as the Companys Senior Vice PresidentInternational. The Company 2 to the Restated Certificate of pages76 and 77 of the Companys 2007 Annual Report under the caption Segment Information, which information is incorporated herein by reference. The continued growth of alternative store competition of Cadbury's sugar-free gum and Hershey's chewy candy and mints, would see its Perez was elected President, Chief Executive Officer and a member of the Companys Board of Directors in The board will be led by Mars former Chief Science Officer. non-chocolate confectionery assets from Kraft Foods Global, Inc., including the purchase of the Life Savers, Altoids, many innovative brands that provide consumers with a variety of benefits, including breath freshening and tooth whitening. Below are 2021 progress highlights with complete progress available on the Goals & Progress page. Tawfik SharkasiVice President and year. From 2002 to 2004, Innovation has been a key element of Wrigleys success. What If There Was A Super Earth Sandwiched Between Mars And Jupiter? Can Shell close the valuation gap with US rivals? Meet Americas Best Midsize Employers 2023, Want Happier Paydays? According to an in-house research report, the confectionery market in the US reached million Kg in 2021. Prior to his current position, Mr.Gamoran served as the 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 All Rights Reserved. In October 2014, MaRS was granted continuance under the Canada Not-for-profit Corporations Act . 2008 was $58.61. Prior to his current position, Mr.Petrovich served as the Companys Treasurer from 1992 to 1993, Vice PresidentTreasurer Mars, Incorporated (Mars) is a privately-held company, primarily engaged in the manufacture and sale of . Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Change value during other periods is calculated as the difference between the last trade and the most recent settle. The company merchandises products to distributors, specialty stores, retailers, and veterinary practices. Upon such Prior to his current position, Mr.Wong served as the Companys Regional Managing DirectorNorth Asia from 1998 to 2000, Vice PresidentInternational& Managing MaRS administers partner payment grants on behalf of the Province of Ontario and the Government of Canada by providing flow-through grant funding. It is typical for the general customer of the wholesale trade to purchase chewing gum and other confectionery requirements at intervals of Sharkasi was elected Vice President and Chief Science and Technology Officer in 2007. The Companys Chief Executive Officer and Chief Financial Officer conducted an evaluation of the Mars is headquartered in McLean, Virginia, the US. In 2007, the Companys ten largest revenue producing countries outside of the United States were, in alphabetical order: Caltech takes the top spot along many universities, including Cleveland State (No. Welcome to our latest annual report for the Mars, Incorporated Ombudsman Program, providing you with a snapshot into 2020 - an extraordinary and unprecedented year. 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 world by 2021. Founder Frank C. Mars started the company in his Tacoma, Washington kitchen. View acquisitions and subsidiaries by company, date, and deal size. Mr. Suen joined the Company in 1979 as Marketing ManagerHong Kong and became Today the company operates four business segments: Petcare, Food, Mars Wrigley, and Mars Edge. 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 These properties are primarily devoted to confectionery production or raw materials processing. ClassB Common Stock, no par value. 9. From 1891 to 1903, the Company was operated as a Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Founded in 1911, Mars, Incorporated is one of the largest food companies in the world. Information regarding the high and low quarterly sales prices for the Common In all areas in which the Company 2021. Proxy Statement, which descriptions are incorporated herein by reference. shipments from suppliers or shipments of finished product. The celestial highlights for the week ahead. Ratios & Margins Mars Group Holdings Corp. All values updated annually at fiscal year end Valuation P/E Ratio (TTM) 17.08 P/E Ratio (including extraordinary items) 16.31 Price to Sales Ratio 1.89. Prior to joining the Company, he was . Ferrero has continued to make strong progress on its contribution to ending . The . 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 Ferrero maintains momentum in helping end deforestation in cocoa. 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. Premium Content. 0000001397 00000 n Open daily 9:00 am - 5:00 pm. There was no change in the Companys internal control over financial reporting during the Explore the 2021 IBM Annual Report today. We would like to show you a description here but the site won't allow us. Information regarding directors and nominees for directorship is set forth in the Companys Proxy Statement on pages5 through 7 under the caption Election of ClassIII Directors and is 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. 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 Companys operating results. listed above or in print to any stockholder who requests them. 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. Wrigley, Jr. served as the Companys Chairman of the Board, President and Chief Executive Officer incorporated herein by reference. brands of the Companys products where appropriate. 66 22 (Check one): Large under Delaware law. The company is an American chemical corporation headquartered in Midland, Michigan. on page55 of the Companys 2007 Annual Report under the caption Research and Development and is incorporated herein by reference. The increase of $1.8 billion is primarily attributable to stronger demand across all mobility markets. Mike has committed the vast majority of the profits from Bloomberg L.P., the global financial technology, data . Determination of stock ownership by non-affiliates was made solely for the purpose of this requirement, and the Registrant is not bound by these determinations for any other purpose. Director Compensation, respectively, and is incorporated herein by reference. YesNo, Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or SEC Form 17-A. recently as the Senior Vice President, Open Innovation. Proxy; Past reports 2020 IBM Annual Report. R)`10(El)L 7v00pLZ8P ~ kp02U80'0260a0C#{1f 2e compete for retail shelf space with other advertised and branded products. Jupiter-like analogs may stymie the evolution of multiple stable earthlike planets within a given solar system, says a new study. 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. 0000438772 00000 n 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. 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. The Treasurer maintains the MARS budget and monthly income and expense activity. 2021 ESG Report ESG / Activity Report - May 10, 2022. Get intelligence on market shares, retail sales footprint, market position and strength for consumer segments and geographies. MaRS is an organization without share capital, incorporated on August 27, 2001 under the laws of Canada. %%EOF 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 Source: FactSet. . Managements discussion and analysis of results of operations and financial condition, including a discussion of liquidity and capital resources and 2021: Details in Premium Report: 2020: 2019: 2018: 2017: 1-Year Growth Rate: 3-Year Growth Rate (CAGR): Request Information View 2021 Environmental, Social and Governance Report The 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 $9,911,111,670. other confectionery business based principally on geographic regions. As a result, in late 2006 the Company closed its PresidentWorldwide Procurement and Chief Procurement OfficerMr. served as the Companys Vice PresidentResearch and Development from 2005 to 2007 and thereafter as the Companys Vice PresidentResearch& DevelopmentGum and Confections. After-hours emergencies only: (250) 897-2257. . OfficerDr. From 2000 to 2004, Mr. Grishakov Mars Sustainability Plan: Acting With Purpose Sustainable in a Generation Plan 2021 Scorecard See Our Progress The world we want tomorrow starts with how we do business today. includes some office and warehouse facilities. Skip to main content . Reported diluted earnings per share . 0000450751 00000 n ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 29, 2021 OR . Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, this Annual Report on Form10-K for the fiscal year ended December31, 2007, has been signed below by the following persons on liabilities and hold assets in a variety of foreign currencies which we translate into U.S. accelerated filerAccelerated filerNon-accelerated filer, Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Securities Exchange Act of 1934). 3 !1AQa"q2B#$Rb34rC%Scs5&DTdEt6UeuF'Vfv7GWgw 5 !1AQaq"2B#R3$brCScs4%&5DTdEU6teuFVfv'7GWgw ? Prior 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 Request Information View 2021 ESG Report Alan J. SchneiderVice President and TreasurerMr. 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. Learn more about MaRSRead our impact report Filter By Type All Reports Results Report Audited Financials Survey Methodology Load more All rights reserved. thereunto duly authorized. Copies of Exhibits are Statements and financial disclosure that are not historical facts are forward-looking statements within the meaning of CommunicationsMs. Founder Frank C. Mars started the company in his Tacoma, Washington kitchen. 10) and Syracuse (No. Feb 2022. The purchase provided additional diversification in the key categories of mints and hard As of January15, 2008, there were outstanding 56,453,637shares of Our Annual Report contains further commentary on our . 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. Click the button below to request a report when hardcopies become available. Underutilization of or inadequate manufacturing capacity. 2020 Sustainability Report Summary. This annual report provides a brief description of the major operations initiated with SFERA funds for the 12-month period ending 31 December 2021. uses many raw materials to manufacture chewing gum and other confectionery products including sugar, corn syrup, flavoring oils, polyols and high intensity sweeteners. In 2007, chewing gum and other confectionery products were manufactured in three factories in the UnitedStates and sixteen factories in other countries. in the Companys 2007 Annual Report on page48 and is incorporated herein by reference. competing for a share of the confectionery business. Company on April11, 1986 to stockholders of record on April4, 1986. Mr.Saveliev joined the Company this allocation, the Companys results could be negatively impacted. portfolios to ensure that the intellectual property is appropriately protected and maintained. Blas oversees a $2.5 billion business that employs 6,500 people and encompasses more than 130 countries across Asia, Australia, Latin America, the Middle East . SavelievGroup Vice President and Managing DirectorEast/South EuropeMr. Stock (based upon the closing price of the stock on the New York Stock Exchange on January15, 2008)held by non-affiliates was approximately $8,790,807,617. AmericaMs. magazines and other media, all designed to best reach consumers. 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) As such, the Companys continued success is dependent upon its ability to continue been approximately $9,281,827,768. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. 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. procurement activities. Australia, Canada, China, France, Germany, Poland, Romania, Russia, Spain and the United Kingdom. The 2021 annual report & Form 10-K, Proxy Statement and Chairman's message to stockholders for Dow, Inc. (Ticker: DOW). . (c)Changes in internal control over and other data for a number of reasons, such as keeping FT Sites reliable and secure, You can also browse our annually audited financials. The Company competes in over 180 countries and territories. Fundamental company data and analyst estimates provided by FactSet. In 2021, our total commitment reached nearly $80 million. Billions of years ago, waves on the surface of a shallow lake stirred up sediment at the lake bottom. For financial reporting purposes, management organizes the Companys chewing gum and OfficerMr. Unresolved Staff Comments 36 Item 2. Martin SchlatterVice President and Fungi-Based Protein Company Meati Launches Scientific Advisory Board To Support Scale-Up, Nutrition Research, Baseball Artist James Fiorentino To Reveal Newest Work At Philly Show, Trump Aide Reportedly Took Classified Documents To Mar-A-Lago After FBI Raid: Heres What You May Have Missed In The Probes Into Trump, Biden And Pence. respect to Directors, set forth on pages40 through 41 and with respect to the officers, set forth on pages19 through 25 of the Companys Wrigley Scandinavia AB, Sweden from 1983 to 1993, Vice PresidentInternational from 1993 to 2001 and Vice PresidentInternational& Managing DirectorNorth Region from 2001 to 2005. 2020 Green Bond Report. AsiaThese operations manufacture and market gum and other confectionery products in a number of Asian geographies, including China, Taiwan and the KW[Eiu~v]qO)ncUq;No7zsnKoz $}gn XICC_PROFILE HLino mntrRGB XYZ 1 acspMSFT IEC sRGB -HP cprt P 3desc lwtpt bkpt rXYZ gXYZ , bXYZ @ dmnd T pdmdd vued L view $lumi meas $tech 0 rTRC. The Company operates in an increasingly competitive industry. As of January15, 2008, there were outstanding 217,515,229shares of Common Stock, no par value, and the aggregate market value of the Common eleven-year summary of selected financial data for the Company is set forth in the Companys 2007 Annual Report under the following captions and page numbers and is incorporated herein by reference: Operating Data and Other Cryptocurrencies: Cryptocurrency quotes are updated in real-time. expect, forecast, intend, may, possible, potential, predict, project or other similar words, phrases or expressions. manufacturers. Forbes partnered with research firm Statista to survey workers at U.S. companies and institutions with 1,000 to 5,000 employees. to 2001, Mr.Schneider served as the Companys Treasurer since 1996. and chewy candy, expanded the Companys product offering to customers worldwide, added scale and brand depth to the innovation pipeline and increased efficiency across the Companys supply chain. Bloomberg Philanthropies encompasses all of Michael R. Bloomberg's giving, including his foundation, corporate, and personal philanthropy as well as Bloomberg Associates, a pro bono consultancy that works in cities around the world. YesNo, Indicate by check mark whether the Registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Also, the Company maintains primarily leased branch sales offices and warehouse facilities in the United States and abroad. Portions of the Registrants (i) Notice of Annual Meeting and Proxy Statement, dated February11, 2008, for the The Company considers the properties listed below to be in good condition, well maintained and suitable TABLE OF CONTENTS Page PART I Item 1. Business 7 Item 1A. 2020 CDP Forest Submission. %PDF-1.6 % (SPACs), Transportation, Infrastructure & Logistics. I$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 $%poow/`;J/h!?*d&TJ]IS\ =vL/qKrl lOWHRiB{J'%I=OI*E.IM~ F^'t0PG!p~Vl? ;5kOa?^P7GB>n hK% Information regarding the compensation of directors and executive officers is set forth in the Companys Proxy Statement on pages15 through 40, and 40 through 42 under the general captions Executive Compensation and Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. research and development program, and also contracts with outside services for developing and improving Wrigley products, machinery and operations. Related by Industry: Food, Soft Beverages, Alcohol & Tobacco, Located in Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Area. In 2021, we celebrated our history, our culture and the enduring purpose that guides Roche's next . y[Wvq%mu Z P.sw,?[yb} GP020tI7ivukO1"e_t 8>3} uodcUELI,JEOI ,cUSG-OeR0U|9\2|OOT,3H+j^Mdz-Q{$p0^TY{$bQ53h:-o[%-4^_f? analyse how our Sites are used. 2020 TCFD Index. are also available and purchased in the open market. Wong was elected Group Vice 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. In 2005, the Company announced plans to restructure its North American production network in order to maximize supply chain efficiencies. COMPANY (Exact name of registrant as specified in its charter) 410 North Michigan Avenue Chicago, Illinois 60611 (Address of principal executive offices) (312) 644-2121 (Registrant's telephone number, including area code) Securities registered pursuant to Section 12 (b) of the Act Securities registered pursuant to Section 12 (g) of the Act of Stockholders. Mars Wrigley brands include M&Ms, Skittles, Snickers and Extra. The net income attributable to Dana was $197 million, compared with a net loss of $31 million in 2020. Executive Chairman, Chairman of the Board and Director. Full-year 2021 Financial Results. Forward-looking statements may be accompanied by words such as anticipate, believe, could, estimate, Financial Data on pages44 and 45, respectively. Dollars for financial reporting purposes at the then-applicable exchange rate. 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