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Grant F. Reid decides at hand over the reins as Mars CEO after practically a decade - Times of India ImpRead

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Grant F. Reid decides at hand over the reins as Mars CEO after practically a decade – Times of India


NEW DELHI: Mars CEO, Grant F Reid, has introduced he’s at hand over the reins as CEO after main the enterprise by a interval of unprecedented progress, influence and transformation.
Reid – who will stay at Mars till the tip of the 12 months – knowledgeable the board of his intentions to retire from Mars 18 months in the past and has been carefully concerned in serving to guarantee a succession. He has served within the function since 2014. Poul Weihrauch, international president at Mars Petcare, will succeed as CEO, efficient from the tip of September.
Mars Board Chair, Frank Mars, paid tribute to Reid’s “extraordinary legacy” – highlighting his numerous achievements – fusing efficiency with objective, delivering sustainable progress, ramping up Mars digital capabilities, constructing its iconic manufacturers, and increasing into new territories like veterinary well being, pet companies and wholesome snacking. As a outcome, Mars stated, gross sales had grown by over 50% to almost $45B beneath Reid’s tenure and the variety of Associates had elevated from 60,000 to greater than 140,000.
Frank Mars added: “While he is too modest to admit it, our significant transformation and record growth as a business would not have happened without Grant’s leadership. He has visibly lived our principles and embedded purpose at the heart of our business strategy. The Mars Family are tremendously grateful for his dedication and service.
“He has been a tower of strength, helping us charter new courses and pushing us beyond what we thought possible. He’s represented Mars on the global stage, particularly around climate change, and he has ensured that we are known for acting, not just making commitments. “We will greatly miss his principled leadership, his highly collaborative and engaging style and – not least – his dry Scottish sense of humor.”



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