Andrew Clarke

Money Moves

Leads Mars Snacking as it integrates Kellanova; in March 2026 the company said Chicago would be the base for its North America region and Accelerator Division.

Mars closed its $35.9 billion purchase of Kellanova on Dec. 11, 2025, taking the Pringles and Pop-Tarts maker private and folding its brands into Mars Snacking. In March 2026, Mars said it would spend $100 million expanding its Chicago headquarters and add 600 jobs there. The city is now the base for Mars’s North America region and its Accelerator Division.

Updated Oct 31

Money Moves

As of May 2026: Architect of Mars’s expansion via Kellanova acquisition

Before the market opened on December 11, Ares Management — a private-credit powerhouse with nearly $600 billion under management — slid into the S&P 500, replacing Kellanova. Kellanova completed its $35.9 billion sale to Mars that day.

Updated May 10