mars inc annual report 2021 pdf

inability to otherwise adapt to changing customer and consumer needs could result in increased capital, marketing or other expenditures or may result in a decrease in category share growth, any of which could have a material adverse effect on the In October, the company announced a new partnership with Fetch to reward consumers for purchasing beloved brands. 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 This annual report provides a brief description of the major operations initiated with SFERA funds for the 12-month period ending 31 December 2021. @|@^`uL$d`vtl[Q7}It(=:JZp The Company believes these conditions are not materially different from those of its competitors. ClassB Common Stock, no par value. of Stockholders. in 1995 as Executive DirectorRussia. 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 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. Australia, Canada, China, France, Germany, Poland, Romania, Russia, Spain and the United Kingdom. This brings the total number of healthy meals provided by Mars Food to more than four billion. MaRS is an organization without share capital, incorporated on August 27, 2001 under the laws of Canada. acquired in the transaction with Kraft Foods Global, Inc. 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. includes some office and warehouse facilities. 2016 Integrated Annual and Sustainability Report (pdf) Document Date: April 17, 2017. (SPACs), Transportation, Infrastructure & Logistics. No specific amount of shares has been dedicated to any particular program within the MIPs. manufacturing processes and product formulas, including approximately 200 significant patents relating to packaging, chewing gum confection processing, product formula and sweetener. behalf of the Registrant and in the capacities and on the dates indicated. 0000000016 00000 n Perez was elected President, Chief Executive Officer and a member of the Companys Board of Directors in Click the button below to request a report when hardcopies become available. served as the marketing director for Russia and EMEAI East Region, and, prior to that, was in charge of the marketing operations in Russia. 2019. In November 1910, the Company was reincorporated under West Virginia law as Wm. Mars Fast Facts. Founder Frank C. Mars started the company in his Tacoma, Washington kitchen. Companys Quarterly Report on Form 10-Q for the fiscal quarter ended March31, 2007). 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. Source: Kantar Media. 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. If the Company is not able to retain This acquisition provided the Company with an opportunity to enter the chocolate confectionery marketplace with a well 2004, Mr.Perez joined Nike, Inc., where he served as President and Chief Executive Officer until 2006. PepsiCo Diversity, Equity & Inclusion Annual Report 2020. 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. under Delaware law. Restated Certificate of Incorporation of Wm. 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 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 procurement activities. 1992 through 1999, its Vice President and Assistant to the President from 1991 through 1992, and its Assistant to the President from 1985 through 1991. on page55 of the Companys 2007 Annual Report under the caption Research and Development and is incorporated herein by reference. Wrigley Jr. Company, as amended by the Certificate of Amendment No. Feb 2022. effectiveness of the Companys disclosure controls and procedures. Equity Compensation Plans. Blas oversees a $2.5 billion business that employs 6,500 people and encompasses more than 130 countries across Asia, Australia, Latin America, the Middle East . Wrigley Jr. Company, and in October 1927, was reincorporated under the same name I$RI$I%)$IJI$JNJd-$I Use Forbes logos and quotes in your marketing. Petrovich was elected Senior Vice President and Chief Administrative Officer in 2004. We are pleased to present Mars third annual governance report that tracks our progress in implementing the commitments in our Mars Global Marketing Code for Human Food the Code for 9. Mr.Saveliev joined the Company Reports, proxy and information statements and other information regarding issues that file electronically with the SEC are available on the SECs website at www.sec.gov. In the aggregate, 25,000,000shares are authorized under the 1997 Management Shares of the ClassB Common Stock were issued by 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. As such, the Companys continued success is dependent upon its ability to continue 0000438772 00000 n from 1993 to 1996, Vice PresidentController from 1996 to 1999, Vice PresidentOrganizational Development from 1999 to 2000 and Vice President from 2000 to 2001. The celestial highlights for the week ahead. 2019 Sustainability . In general, the Company does not offer its customers extended payment terms. Properties 37 Item 3. 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 $9.1bn deal, Mars to buy out Buffett to take full control of Wrigley, Chocolate mogul Forrest Mars Jr dies at 84, Interview: Fiona Dawson, global president, Mars foods, GE, Cisco, Airbus and Mars call for UK to stay in EU, Craft producers of gourmet delicacies stalk Big Pet Food, Mars recalls chocolate bars after plastic found in product. Today the company operates four business segments: Petcare, Food, Mars Wrigley, and Mars Edge. These companies keep employees happiest on paydays. SEC Form 17-A. Copies of the 31% Of pet parents who considered giving up a pet during the pandemic, about 1 in 3 said access to pet-friendly housing resources would have been helpful. failure to sufficiently counter aggressive competitive actions. I$%$I)I$JRI$I$$I)I$JRI$I$5$I!I$JRI$I$$I)I$JRI$d-$I Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. in amounts sufficient to require submission of the schedule or because the information required is included in the consolidated financial statements or accounting policy notes thereto. Information regarding the operation of the Public Reference Room is available by 0000435720 00000 n Generally, Wrigley products are marketed under trademarks owned by the Company. Alan J. SchneiderVice President and TreasurerMr. All properties are owned by the Company unless otherwise indicated. The board will be led by Mars former Chief Science Officer. 2021 Annual report ING Bank N.V. - ESEF package (ZIP 2,7 MB) ING Group Additional Pillar III Report 2021 (PDF 2,1 MB) ING Group appendices Additional Pillar 3 Disclosures 2021 (XLS 0,5 MB) ING Bank Additional Pillar III Report 2021 (PDF 1,9 MB) ING Bank appendices Additional Pillar 3 Disclosures 2021 (XLS 0,4 MB) Capital Requirements Regulation . FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. SavelievGroup Vice President and Managing DirectorEast/South EuropeMr. CommunicationsMs. Premium Content. Learn more. EMEAI Regional Offices, Unterhaching, Germany, Global Innovation Center, Chicago, Illinois(5). By using our website or by closing this message box, you agree to our use of browser capability checks, and to our use of cookies as described in our Cookie Policy. Company is unable to maintain the availability, pricing and sourcing of these raw materials, the Companys results could be negatively impacted. I$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% 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. Saveliev was elected Group Vice President and Managing DirectorEast/South Europe in 2007. Save . 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 the caption Market Prices and is incorporated herein by reference. Dushan PetrovichSenior Vice President and Chief Administrative See magazines and other media, all designed to best reach consumers. 0000451286 00000 n Prior to joining the Company, Ms.Henderson was the Vice President, Public Relations of Kohls Department Stores from 2000 until material effects on the Company. As of January15, 2008, there were outstanding 56,453,637shares of research and development program, and also contracts with outside services for developing and improving Wrigley products, machinery and operations. 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. The 0000001397 00000 n 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. In 2001, Mr.Petrovich was elected Vice PresidentPeople, Learning definition of accelerated filer and large accelerated filer in Rule12b-2 of the Exchange Act. Founded in 1911, Mars, Incorporated is one of the largest food companies in the world. been approximately $9,281,827,768. Additional direct customers are vending distributors, concessionaires and other established customers purchasing in wholesale quantities. forward-looking statements within the meaning of Section27A of the Securities Act and Section21 E of the Exchange Act. 1. Mindfully - 78% of consumers report they . Companys operating results. Changes in foreign currency and marketplace conditions. YesNo, Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or . 0000406073 00000 n Jon OrvingVice PresidentNordicMr. The Company competes primarily with Cadbury Adams and Mars Incorporated, on a global basis, and Lotte Co., Ltd. in Asia, Perfetti van Melle Billions of years ago, waves on the surface of a shallow lake stirred up sediment at the lake bottom. The Treasurer maintains the MARS budget and monthly income and expense activity. Companys competitive position include well-recognized brands, strong brand management, varied product offerings, product innovation and a strong distribution network. Cadie Thompson. pages76 and 77 of the Companys 2007 Annual Report under the caption Segment Information, which information is incorporated herein by reference. Wrigley Scandinavia AB, Sweden from 1983 to 1993, Vice PresidentInternational from 1993 to 2001 and Vice PresidentInternational& Managing DirectorNorth Region from 2001 to 2005. Dollars for financial reporting purposes at the then-applicable exchange rate. The ITT 2021 EEO-1 Report provides key representation data in the U.S. for our 2021 employee population. Underutilization of or inadequate manufacturing capacity. 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. The Company competes in over 180 countries and territories. As of December31, 2007, the Company employed approximately 16,400 people worldwide. Pursuant to the requirements of Section13 or 15(d) of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Form10-K Report to be signed on its behalf by the undersigned, 0 That number likely places the company ahead of Coca-Cola, which reported an annual revenue of $38.7 billion in 2021. Information regarding certain relationships is hereby incorporated by reference from the Companys Proxy Statement on page8 under the headings Suen was elected Vice President and Managing DirectorChina in 2005. While the Company considers Information regarding Compliance with Section16(a) of the recognized brand in a growing region. The following table provides information for all equity compensation plans as of the fiscal year ended Information regarding the Companys Audit Committee, Information relating to the cost incurred by the Company for research and development in each of the last three fiscal years is set forth Made by Mars Made by Mars Associates at Mars are everyday heroes. EMEAIThese operations manufacture and market gum and other confectionery products principally in Europe as well as in the Middle East, Africa and India. so well into the future. All this was possible thanks to the commitment and extraordinary dedication of all Desjardins directors and employees to achieve our mission. Herlihy was elected Vice PresidentSupply Chain Strategy and Planning and Chief Information Officer in 2007. 0000002844 00000 n 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. SEC Form 17-A (Annual Report for the year ended 2021) Part 1 (pdf) Document Date: April 15, 2021. Mars, Incorporated is an American multinational manufacturer of confectionery, pet food, and other food products and a provider of animal care services, with US$40 billion in annual sales in 2021.. Mars was ranked as the fourth-largest privately held company in the United States by Forbes. 0000000736 00000 n Generally, trademarks are valid as long as they are in use and/or their registrations are properly maintained. open market. The continued growth of alternative store distributes its products, principal elements of competition are a combination of competitive profit margins to the trade, level of product quality, brand recognition, product benefit and a fair consumer price. y[Wvq%mu Z P.sw,?[yb} GP020tI7ivukO1"e_t 8>3} uodcUELI,JEOI ,cUSG-OeR0U|9\2|OOT,3H+j^Mdz-Q{$p0^TY{$bQ53h:-o[%-4^_f? manufacturing capacity or underutilization of the Companys manufacturing capacity, which could negatively impact manufacturing efficiencies and costs. in the Companys 2007 Annual Report on page48 and is incorporated herein by reference. 2020 Sustainability Report Summary. In addition, four foreign facilities also manufacture gum base for the Companys international production facilities and for third-party gum product Full-year 2021 Financial Results. Our global family and the common bond we share is beyond any other. Therefore, The Hershey PAC began 2022 with a balance of $90,268. SCHEDULEII VALUATION AND QUALIFYING ACCOUNTS, YEARS ENDED DECEMBER31, 2007, 2006 AND 2005. 3 !1AQa"q2B#$Rb34rC%Scs5&DTdEt6UeuF'Vfv7GWgw 5 !1AQaq"2B#R3$brCScs4%&5DTdEU6teuFVfv'7GWgw ? 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. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Mars also operates pet hospitals under Banfield banner in the US and Canada. In addition, trademarks are of material importance to the Company globally. 87 0 obj <>stream (d) Securities Authorized for Issuance Under

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