- Mars announces Scott Gray in new role of Deputy CFO for Mars, Incorporated; Gray will join the global Finance Leadership Team, reporting to CFO Claus Aagaard
- Recognized finance leader held pivotal leadership roles across several multinational companies most recently as Group CFO at JDE Peet’s
MCLEAN, VA (April 30, 2025) — Today, Mars announced the appointment of Scott Gray in the newly created role of Deputy CFO. Gray is based in McLean, VA and reports to Claus Aagaard, CFO of Mars, Incorporated.
Gray brings over 25 years of proven leadership and cross-functional experience that will be valuable in supporting the company’s journey to grow and innovate across its diverse portfolio. He has a strong track record of financial leadership, driving business strategy, building talent and capability and enhancing shareholder value, in both the U.S. and internationally.
Claus Aagaard, Mars CFO, said: “I’m thrilled to welcome Scott to Mars. His track record of delivering results and driving financial strategy, coupled with his global perspective, will be a great addition to our Finance team. I’m excited about the contributions he will make in helping deliver the next exciting chapter of growth for Mars.”
On joining Mars, Scott Gray commented: “Mars is a business I have long admired, from its amazing portfolio of brands and services to its unique Principles-based culture. I look forward to working with Claus and the talented team at Mars to drive responsible growth and create value for our shareholders."
Gray’s career spans several large, multinational companies. He joins Mars after five years at JDE Peet’s, the world’s largest pure-play coffee and tea company, where he served as Group CFO and for a period as the interim CEO, based in Amsterdam.
Prior to JDE Peet’s, Gray spent 11 years at Anheuser-Busch InBev (ABI) in a series of increasingly senior finance and procurement roles in Belgium and New York, including Global VP of Treasury & Risk Management and VP Finance for Europe. Gray also has experience at Deutsche Bank and General Motors Acceptance Corp.
Media Contact:
Kelly Frailey
kelly.frailey@effem.com
