Poul Weihrauch explains how family ownership gives him the opportunity to prioritize purpose alongside profit.
In an era where CEOs are under relentless pressure to deliver short-term gains while also addressing long-term challenges like sustainability, Poul Weihrauch considers himself fortunate. As the CEO of Mars – the 114-year-old, family-owned confectionery and pet care giant – he operates with a rare advantage: time.
“We like to say that we act in generations, not in quarters,” says Weihrauch, who joined the firm 25 years ago and steadily rose through the ranks.
Thanks to the Mars family’s long-term outlook and the company’s practice of reinvesting over 90% of its profits annually, Weihrauch has the freedom to prioritize lasting impact over short-term wins. The company evaluates success through four “compass quarters”: strong financial performance, quality growth, positive societal impact, and trusted partners. Notably, 40% of the long term compensation of Mars’ top 2,000 leaders, including Weihrauch, is tied to non-financial goals, an unusual commitment for a company of this scale in a corporate world still dominated by quarterly earnings targets.
