Mars Installs New Leader, an Insider, at Wrigley

Nov. 10, 2008
Company names longtime Wrigley insider Dushan (Duke) Petrovich president.

Just two weeks after Mars Inc. took control of Chicago’s Wm. Wrigley Jr. Co., the company named longtime Wrigley insider Dushan (Duke) Petrovich president.

He replaces William Perez, who will get paid more than $25 million in severance and will serve in an advisory capacity through the end of the year. In 2006, Perez became the first person outside the Wrigley family to be president and CEO of the 116-year-old company.

Petrovich is a Chicago native who began his career in the Wrigley finance department 30 years ago and later served as vice president, corporate controller and vice president/corporate treasurer. His most recent role was senior vice president and chief administrative officer.

Petrovich will continue to work with Wrigley Chairman Bill Wrigley Jr., and both will report to Mars President and CEO Paul Michaels.

Sponsored Recommendations

Discover Your Savings Potential with the Kaeser Toolbox

Discover your compressed air station savings potential today with our toolbox full of calculators that will help you determine how you can optimize your system!

Revolutionizing Healthcare: The Impact of Digitalization in Biopharma Innovation

Biopharma enables an entirely new level of innovation that’s simply not possible in conventional drug development. It’s an approach that can fundamentally change the way healthcare...

Navigating the Automotive Industry's Electric Future

The automotive industry is at a turning point. Bloomberg estimates that by 2040, 54% of new vehicle sales will be electric. And by 2030, we’re looking at 100% of passenger vehicles...

Unified Process Control Brings Operational Clarity

Inland Empire Utilities Agency replaces its SCADA enterprise system with the PlantPAx Distributed Control System and reduces complexity for operators