- link Copy Url - [ Share on twitter ](https://twitter.com/intent/tweet?text=Mars Chairman Explains Why the $35 Billion Chocolate Giant Will Never Go Public https://www.3blmedia.com/markdownify/node/195431?absolute=1&via=3blnews "link to 3 B L Media's Twitter") - [ Share on linkedin ](https://www.linkedin.com/shareArticle?mini=true&url=https://www.3blmedia.com/markdownify/node/195431?absolute=1 "link to 3 B L Media's Linkedin") - [ Share on facebook ](https://www.facebook.com/sharer/sharer.php?u=https://www.3blmedia.com/markdownify/node/195431?absolute=1 "link to 3 B L Media's Facebook") - [ email Share via email ](mailto:?subject=Mars Chairman Explains Why the $35 Billion Chocolate Giant Will Never Go Public&body=ESG News from Mars, Incorporated https://www.3blmedia.com/markdownify/node/195431?absolute=1 "Share via email") [Responsible Business & Employee Engagement](/CSR-News/responsible-business-employee-engagement) # Mars Chairman Explains Why the $35 Billion Chocolate Giant Will Never Go Public ##### By Cadie Thompson Jun 13, 2018 9:00 AM ET Campaign: [Mars Associate Stories](/news/campaign/mars-associate-stories) [Originally posted on Business Insider](http://uk.businessinsider.com/mars-chairman-reveals-why-company-will-never-go-public-2018-6?r=US&IR=T) With more than $35 billion in annual sales, Mars Inc — the company behind brands like Twix, M&Ms, and Skittles — is one of the largest family-owned companies in the world. And it has been around for more than 100 years. But as the company makes changes and invests in its future, there is one thing that will continue to stay the same for the chocolate giant, Mars chairman Stephen Badger told Business Insider in a recent interview. "We're 100% committed to staying private," Badger said. "It really does allow us to pursue our own path, our own future, and to really invest in the long term." Staying private allows the company flexibility that many public companies could only dream of. "Being private does give us a competitive advantage in that we know who our shareholders are. We could fit them all in quite a small room if we had to. And so the ability of management to interface with the shareholders is very direct. It's very tangible. It's very immediate. And, I think it does give us the capacity to make decisions quickly," Badger said. Click [here ](http://uk.businessinsider.com/mars-chairman-reveals-why-company-will-never-go-public-2018-6?r=US&IR=T)to continue reading and watching on Business Insider. [![](/sites/default/files/Clients/Mars_Tagline_lockup_ENG_RGB_Blue.png)](/profiles/mars-incorporated) ### More from Mars, Incorporated ###### [The Women of Mars: Life Is Sweet for Lisa Saxon Reed and the Sensory Team](/news/women-mars-life-sweet-lisa-saxon-reed-and-sensory-team) Feb 11, 2020 7:00 PM ET ###### [Mars Looks Ahead: Which Trends Will Shape 2020?](/news/mars-looks-ahead-which-trends-will-shape-2020) Feb 10, 2020 6:00 PM ET ###### [Mars CEO Joins Global Business Leaders Supporting Paris Agreement](/news/mars-ceo-joins-global-business-leaders-supporting-paris-agreement) Dec 11, 2019 3:30 PM ET ###### [Empowering Women and Boosting Environmental Sustainability](/news/empowering-women-and-boosting-environmental-sustainability) Nov 25, 2019 5:30 PM ET ###### [Four Reasons Food Safety Is Not Just for World Food Day](/news/four-reasons-food-safety-not-just-world-food-day) Oct 23, 2019 5:05 PM ET ###### [This World Food Day, We Must All Take Action to Achieve Zero Hunger](/news/world-food-day-we-must-all-take-action-achieve-zero-hunger) Oct 16, 2019 7:30 PM ET ###### [Mars Ranks in Top 25 World’s Best Workplaces for Eighth Consecutive Year](/news/mars-ranks-top-25-worlds-best-workplaces-eighth-consecutive-year) Oct 15, 2019 2:30 PM ET ###### [Mars Accelerates Action to Tackle Climate Change With New #PledgeForPlanet Initiative](/news/mars-accelerates-action-tackle-climate-change-new-pledgeforplanet-initiative) Sep 26, 2019 11:45 AM ET