sample foreign co

By: Deirdre AldanaSeminar: Critical Issues in BusinessProfessor Best

WM. Wrigley Jr. Co.

The Beginning 1891 - William Wrigley Jr. began

selling soap At 29 years old, offered free gum

with baking soda purchase First factory outside the U.S. was

Canada

Wrigley Headquarters & Leadership

Completion of Wrigley building in 1924

Chicago, Illinois

2006 – Bill Perez became President and CEO

First of non-Wrigley family

Its many products

Wrigley’s Benefits

Chewing gum helps improve oral health

Diet and Weight Management Focus, Concentration & Alertness

Stress Reliever

Wrigley’s Finances

WWY FY2007 - $5.4 billion Increase of 15.1% over FY2006 $632 million net profit 2007 – 19.4%

increase

But…

Mars buys Wrigley!

Bought for $23 billion!

$80 a share!

http://www.investorguide.com/stock.cgi?ticker=WWY

Competitors

Hershey&

Cadbury

Going “Green”

Bottle packages that can be recycled Sensor Lighting System in factories Use wind energy in Australia

Critical Issues

“Mars, Inc. completes acquisition of WM. Wrigley Jr. Co.

“Wrigley to Cut Carbon Emissions” “Wrigley Suspends Chris Brown Ad

Campaign” http://www.youtube.com/watch?v=e

nJbXlb4zqo

Wrigley’s Future

15% increase for 2007 – 2008 So future looks very BRIGHT!

Wrigley’s Future (cont’d)