Mars Inc president Paul Michaels to retire at end of year, to be succeeded by Grant F. Reid
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Next we move to confectionery giant Mars Inc, which has revealed that current president Paul S. Michaels will retire at the end of this year, to be replaced by Grant F. Reid, current global president of Mars Chocolate, who will take the helm on January 2, 2015.
“In his almost 11 years at the helm of Mars, Paul has overseen a period of outstanding business performance and tremendous achievement," said chairman Victoria B. Mars.
Grant will step into a Co-Office of the President role on July 2 and will work with Michaels for six months to ensure there is a smooth transition.