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Mars Inc. names new CEO
McLean-based M&M's maker reports $45B in revenue
McLean-based Mars Inc. will have a new CEO in September and the news comes at a time when the privately held global candy and pet food manufacturer is experiencing major growth. Grant F. Reid, who has served as CEO of Mars since 2014, will step down in September, with plans to fully retire by the
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Va. companies aid Ukraine, pull business from Russia
Mars, Hilton and CMA CGM Group among those taking action
Published
McLean-based Mars Inc. and other companies with major Virginia presences are responding to the war between Russia and Ukraine, chiefly by helping employees who live in the Eastern European nation and sending other humanitarian aid to Ukraine, as well as suspending business dealings in Russia, a measure taken by many U.S. companies in recent days.
Mars Inc. pledges to go net zero by 2050
McLean global food manufacturer ups previous commitment
Published
Mars Inc. has pledged to achieve net-zero greenhouse gas emissions across its full value chain by 2050, the McLean-based global food manufacturer announced Tuesday. The pledge is in line with the Paris Agreement to reduce global warming. “The scale of global intervention must be bolder and faster,” Mars CEO Grant F. Reid said in a
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Northrop Grumman wins $84.5M NASA contract
Falls Church company to provide products, support for Mars mission
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NASA announced Thursday it has awarded an $84.5 million contract to Falls Church-based Fortune 500 defense contractor Northrop Grumman Corp. to provide propulsion support and products for spaceflight missions. Under the Mars Ascent Propulsion System (MAPS) contract, Northrop Grumman will provide support and products at the agency’s Marshall Space Flight Center in Huntsville, Alabama. The