CHAIRMAN’S MESSAGE

Murray K. Mullen
Chairman, CEO & President
February 12, 2020

Dear Friends and Fellow Stakeholders,

It is always wise to look ahead, but difficult to look further than you can see. – Winston Churchill

The start of the New Year is not just a time to reflect on the events of the past 365 days but also a time to celebrate with friends, family and even make a few personal well-intended resolutions, which most of us will simply forget about in relatively short order. This New Year, 2020, is extra special because it marks the start of a fresh new decade, which seems somewhat magical and intriguing at the same time. And if we reflect for a moment on how our world and our lives have changed over the last ten years we will be awestruck as well as downright scared about what the future ten might bring.

In this year’s message I will lay out plans for 2020 and articulate a vision for what I believe the next decade will bring for the Mullen Group. Clearly I am no Nostradamus, but when your company has been in business for seven decades one does have a decent perspective, particularly as it relates to how to change, adapt and improvise. This is extremely important because how and where to allocate our shareholders’ capital requires a clear vision and a plan based on what one believes the future looks like. It is what any rational shareholder would ask of the Senior Executive. It is also what we ask of ourselves – invest for the future, not in yesterday!…. More