New Mars boss bets on petcare as private empire aims to double sales
Early in the Covid-19 pandemic, two years before the Mars family picked him to lead its $45bn empire, Poul Weihrauch found himself running a business whose revenues had suddenly dropped by a quarter.
Mars’s once booming petcare business was grinding to a halt as owners stayed at home rather than bringing their cats and dogs to its clinics. Anxious about exposing its 75,000 vets to infection, Weihrauch asked whether he could extend their paid sick leave to six weeks.
This story originally appeared on: Financial Times - Author:Andrew Edgecliffe-Johnson
