TAGS: vending, Mars Chocolate, Mars Inc., Grant Reid, confection news, candy industry news
McLEAN, VA --- Mars Inc. has named Grant Reid, the head of its chocolate business, as its new president. He succeeds Paul Michaels, who will retire at the end of the year.
Reid, a 26-year Mars veteran, is currently global president of Mars Chocolate, one of the company's largest business segments. He will step into a "co-office of the president role" on July 2 and will formally assume the role of president in January 2015.
Michaels served as president of the U.S. food giant since 2004 and will step down on Dec. 31.