Early Life
Valerie Anne Mars was born on January 20, 1959, as a member of the fourth generation of the Mars family. Growing up, she was immersed in the legacy of Mars, Incorporated, a company founded by her great-grandfather, Frank C. Mars, in 1911. Her father was Forrest Mars Jr., a co-owner of the company.
Rise to Success
Valerie's career began outside of the family business. She earned a bachelor's degree from Yale University and an MBA from Columbia University. She started her career at Manufacturers Hanover Trust in New York and later worked at Whitman Hefferman Rhein, a boutique investment firm. Valerie joined Mars, Incorporated in 1992, becoming the Senior Vice President of Corporate Development. She plays an integral role in driving Mars’ expansion through strategic acquisitions and partnerships, contributing to the company's status as a leading global confectionery and pet care conglomerate. In 2016, she inherited about an 8% stake in Mars, Inc., solidifying her status as a billionaire.
Key Business Strategies
Valerie Mars has focused on driving Mars, Inc.’s strategic growth through acquisitions and corporate development. Her expertise has helped the company expand into new markets. As a board member, she contributes to the company's governance and long-term strategy. Her leadership ensures that the Mars family legacy continues to thrive.
Philanthropy
Valerie Mars is committed to philanthropy and community involvement. She supports various charitable initiatives and is involved in nonprofit organizations such as Conservation International and the Open Space Institute.