Mars Chief Executive Officer Grant F. Reid has announced he is resigning from the position he has held since 2014. Under his leadership, Mars has seen unprecedented growth and transformation, combined with a focus on sustainability and purpose, and expansion into newer areas, including veterinary health services. Reid will remain at Mars until the end of the end of the year, after which he will devote more time to following his passion as a champion for climate action, the sustainability agenda, and the broader role for business in society.
“It has been a privilege to lead the Mars team and work closely with the Mars Family,” Reid says. “We have built on our core strengths and moved into new areas, setting the business up for a brilliant, sustainable future. But the biggest difference we make starts with our 140,000 associates, the hundreds of communities we operate in, and the billions of consumers we serve. I'm proud that, in the face of challenges such as a global pandemic, we have never lost sight of our strategic path or our ambition to help create the world we want tomorrow—and to drive both purpose and performance. Whether that be challenging ourselves to deliver a truly net zero supply chain, ensuring our most impactful raw materials like palm are deforestation-free, or innovating with packaging solutions to help ensure our products do not turn up as waste.”
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Poul Weihrauch, current global president at Mars Petcare, will take on the role of Mars CEO at the end of September. He has worked in many parts of the business since joining in 2000 as European brand leader for Snickers. Having led the Mars food business, he became the president of global petcare in 2014 and, during that time, has overseen significant growth and diversification into veterinary health, diagnostics, data, and platforms, doubling the size of the business. Weihrauch has also driven significant focus and investment into the Mars Petcare sustainability agenda.