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Grant F. Reid decides handy over the reins as CEO after driving practically a decade of unprecedented development, influence and transformation. Poul Weihrauch will take over from the tip of September.

  • CEO of Mars F. Reid Grant has made the choice to retire from Mars after greater than 8 years within the function and 34 years within the enterprise. Beneath his management, Mars has seen unprecedented development and transformation mixed with a give attention to sustainability and goal, and important enlargement into newer areas, together with veterinary well being providers.

  • poul incensepresent world president of Mars Petcare, will succeed as CEO from the tip of September.

  • Reid, who will stay at Mars by way of the tip of the yr, knowledgeable the Board of his choice to go away 18 months in the past and has labored with the Board to make sure a easy and orderly succession.

  • chairman Of The Mars Board, frank mars paid tribute to Reid’s “extraordinary” legacy, heralding his management in local weather motion and sustainability on the world stage.

McLean, Virginia., June 22, 2022 /PRNewswire/ — CEO of Mars, F. Reid Granthas introduced that he’ll hand over the reins as CEO after main the enterprise by way of a interval of unprecedented development, influence and transformation.

F. Reid Grant

Reid, who will stay with Mars by way of the tip of the yr, knowledgeable the Board of his intentions to retire from Mars 18 months in the past and has been closely concerned in serving to to make sure a succession of the most effective at school. He has held the place since 2014. poul incenseInternational President of Mars Petcare, will succeed as CEO from the tip of September.

chairman Of The Mars Board, frank marspaid tribute to Reid’s “extraordinary legacy” highlighting its myriad achievements: fusing efficiency with goal, delivering sustainable development, rising Mars’ digital capabilities, constructing on its iconic manufacturers, and increasing into newer territories akin to veterinary well being, pet providers and wholesome snacks. In consequence, Mars mentioned, gross sales had grown greater than 50% to nearly $45 billion underneath Reid and the variety of Associates had grown from 60,000 to over 140,000.

frank mars added: “Whereas too modest to confess, our important transformation and file development as an organization wouldn’t have occurred with out Grant’s management. He has visibly lived our ideas and goal embedded on the coronary heart of our enterprise technique. The Mars Household is tremendously grateful for his or her dedication and repair.

“He has been a tower of power, serving to us chart new instructions and pushing us additional than we thought potential. He has represented Mars on the world stage, notably with regards to local weather change, and has ensured that we’re identified for take motion, not simply by making commitments

“His principled management, extremely collaborative and interesting type and, not least, his dry Scottish humorousness might be sorely missed.”

a strong legacy

Reid mentioned: “It has been a privilege to steer the Mars crew and work intently with the Mars household. We’ve got constructed on our core strengths and moved into new areas, shaping the enterprise for a brilliant and sustainable future. However the greatest distinction We begin with our 140,000 Associates, the lots of of communities by which we function, and the billions of shoppers we serve. I’m proud that, within the face of challenges like a world pandemic, now we have by no means overlooked our strategic path or our ambition to assist create the world we wish tomorrow, and drive each goal and efficiency Whether or not it is difficult ourselves to ship a really net-zero provide chain, guaranteeing our most impactful uncooked supplies, like palm, are freed from deforestation, or innovating with packaging options to assist make sure that our merchandise don’t grow to be waste. you”.

He added, “Having labored intently with Poul for a few years, I think about him and his household shut associates. I’m very enthusiastic about the way forward for the enterprise underneath his management and congratulate him on his appointment as CEO of this unbelievable firm.”

Reid and Weihrauch have been working intently for a number of months to make sure a easy and orderly succession that maintains appreciable enterprise momentum. Reid will proceed to characterize Mars by way of the tip of 2022, together with at important occasions akin to UNGA/Local weather Week, COP27 and extra.

Beginning subsequent yr, Reid will spend extra time pursuing his ardour as an advocate for local weather motion, the sustainability agenda and the broader function of enterprise in society.

Mars Subsequent Chapter

poul incense he’ll succeed Reid from the tip of September. He has labored in lots of areas of the enterprise since he joined in 2000 because the European model chief for Snickers. Having led the Mars Meals enterprise, he turned President of International Petcare in 2014, throughout which era he oversaw important development and diversification into veterinary well being, diagnostics, information and platforms, doubling the dimensions of the enterprise. Weihrauch has additionally pushed important focus and funding in Petcare’s sustainability agenda.

frank mars mentioned: “I’ve identified Poul for 22 years, labored intently with him for the final 10, and I do know he might be a beautiful chief for the following stage of our evolution.

“He’s identified for his inspiring and inclusive management type, for rising companies and renewing manufacturers, and for his deep dedication to Affiliate engagement and improvement. Following Grant’s choice, the Board and I are grateful to to have the ability to appoint such a powerful Mars chief and we’re assured that Poul will defend our legacy and information us into what guarantees to be a brilliant and thrilling future.”

Weihrauch mentioned, “I’m humbled and humbled by this chance to serve the group and our 140,000 Mars associates. That is an unbelievable firm that has persistently confirmed that doing good is nice enterprise. It’s that relationship that can make sure that Let’s proceed to ship sustainable development.” and efficiency

“We live in tough instances, however I’m optimistic and imagine within the energy of enterprise to have a constructive influence and, specifically, within the freedom now we have at Mars to do what is correct for our associates and the world by which we function.” .”

He added, “I thank Grant for his friendship, recommendation and collaboration through the years, and I congratulate him on his distinctive profession at Mars. Many thanks additionally to the Board of Administrators for entrusting me to steer the following chapter in our evolution.” and development.”

On account of Weihrauch’s appointment, Mars at present introduced a sequence of subsequent senior appointments. Loic Moutault, President of Royal Canin, will grow to be President of Mars International Petcare, and Cecile Coutens will assume the function of International President of Royal Canin.

About Mars, Included

For greater than a century, Mars, Included has been guided by the idea that the world we wish tomorrow begins with how we do enterprise at present. This frequent goal unites our greater than 140,000 associates. It’s on the core of who we’re as a world household enterprise and fuels the way in which we’re reworking, innovating and evolving to make a constructive influence on this planet.

Every year, our numerous and increasing portfolio of high quality confectionery, meals and pet care services delight hundreds of thousands of individuals and assist hundreds of thousands of pets. With nearly $45 billion in annual gross sales, we produce among the world’s most beloved manufacturers, together with Ben’s Unique™, CESAR®, Cocoavia®, DOVE®, EXTRA®, KIND®, M&M’s®, SNICKERS®, PEDIGREE®, ROYAL CANIN® and WHISKAS® . We’re creating a greater world for pets by way of vitamin, modern diagnostics, wearable well being monitoring, DNA testing, pet wellness and complete veterinary care with AniCura, BANFIELD™, BLUEPEARL™, Linnaeus and VCA™ .

We all know that we are able to solely be really profitable if our companions and the communities by which we function thrive. The 5 Mars Ideas (High quality, Accountability, Mutuality, Effectivity and Freedom) encourage our Associates to behave daily to assist create a greater world tomorrow by which the planet, its folks and their pets can thrive.

For extra data on Mars, go to mars.com. be a part of us Fb, Twitter, Instagram, LinkedIn Y Youtube.

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SOURCE Mars, Included

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