Mars chairman reveals how the chocolate giant will look different in 5 years

• Mars Inc is one of the biggest family-owned companies in the world, with more than $35 billion in annual sales.
• The 106-year-old company is known for its iconic candy brands, including Snickers, M&Ms, Milky Way, and Twix. But the company's biggest business is its pet-care business.
• Business Insider spoke to Mars chairman Stephen Badger, the great-grandson of founder Franklin Mars, to get some insight into what the company has planned for the future. 
• The biggest change coming to Mars in the next five years will be portfolio transformation, Badger said. 

Mars — the company that makes M&Ms, Snickers, Skittles, and other popular candies — has big plans for its future. 

The 106-year-old company has historically been known for making some of the most popular candies in the world, but the company's pet-care business is actually where it makes most of its money. And as Mars expands, it's looking to not only add more new products, but introduce new services as well. 

"The biggest transformation that we're continually pondering is our portfolio transformation," Badger said. See the rest of the story at Business Insider

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