HomeBusinessBen & Jerry’s accuses...

Ben & Jerry’s accuses parent company Unilever of forcibly removing CEO over ‘social mission’

Ice cream maker Ben & Jerry’s have stated that chief executive David Stever has been forced out – by parent company Unilever.

The London Stock Market-listed conglomerate, which sells and owns the brands of a huge range of items from Dove to Marmite, bought Ben & Jerry’s in 2000.

During that process an independent board was created two protect the values of Ben & Jerry’s, which has long held an activist approach to, in their own words, help “meet human needs and eliminate injustices in our local, national, and international communities”. Causes the company has spoken out on include the climate crisis, refugees and LGBTQ+ rights.

Now, that independent board allege that Unilever are violating the merger agreement by attempting to “silence” it, with a legal case filed in the United States claiming a decision to remove Mr Stever from his role was taken without consultation.

The filing read: “Unilever has repeatedly threatened Ben & Jerry’s personnel, including CEO David Stever, should they fail to comply with Unilever’s efforts to silence the Social Mission. On March 3 2025, Unilever informed the Independent board that they were removing and replacing Mr Stever as Ben & Jerry’s CEO.

“Unilever… attempted to force the independent board into rubberstamping the decision,” it continued, as reported by the BBC.

Mr Stever was promoted from chief marketing officer to chief executive of Ben & Jerry’s in mid-2023, having risen through the ranks since joining as a factory tour guide in 1988.

The Financial Times reported how Ben & Jerry’s previously filed a complaint over Unilever allegedly blocking calls for a ceasefire in Gaza and offering support for Palestinian refugees, a claim which Unilever rejected.

“Dave has courageously advanced the company’s social mission and values,” said Anuradha Mittal, chair of the independent board.

“What Dave hasn’t done is what Unilever would like him to do, which is to oversee the dismantling of Ben & Jerry’s mission, progressive values and the 2000 merger agreement that has protected Ben & Jerry’s position as a wholly owned autonomous subsidiary,” she added.

Unilever last month announced the surprise exit of their own CEO Hein Schumacher, with CFO Fernando Fernandez replacing him.

The FTSE 100 firm has also already decided to spin off the ice creams business as a whole, with a primary listing set to take place in Amsterdam. Unilever shares are flat across 2025 so far and up 15 per cent across the past year.

Source link

- A word from our sponsors -

spot_img

Most Popular

More from Author

- A word from our sponsors -

spot_img

Read Now

149 million passwords exposed in database found by Jeremiah Fowler

NEWYou can now listen to Fox News articles! It has been a rough start to the year for password security. A massive database containing 149 million stolen logins and passwords was found publicly exposed online. The data included credentials tied to an estimated 48 million Gmail...

Handlers for former Westminster dog show winners talk preparation, what it takes and retirement

Handlers for former Westminster dog show winners talk preparation, what it takes and retirement - CBS News ...

PepsiCo (PEP) Q4 2025 earnings

PepsiCo on Tuesday reported quarterly earnings and revenue that topped analysts' expectations, fueled by improving organic sales across its business.Demand for the company's snacks has been sluggish as consumers balk at higher prices. This year, Pepsi plans to lower prices on products like chips from its North American food...

7 playground rules that actually keep kids safe

Playgrounds are a world of excitement, but they also come with unseen risks. By following simple guidelines such as inspecting the play area, sharing equipment, wearing appropriate footwear, refraining from pushing others, adhering to designated age zones, and being aware of their guardian, kids can navigate...

Mysterious dark matter seen in new high-resolution map of distant galaxies

A new high-resolution map of distant galaxies may help scientists understand a mysterious invisible substance that helps hold the universe together.The ordinary matter all around us — stars, planets and people — makes up just 5% of the universe. For decades, researchers have...

Duke of Edinburgh brings royal inspiration to mangroves and youth

The Duke of Edinburgh touched down in the United Arab Emirates on 31st January, for a whistle-stop mission that’s...

LPG Rates Increased After OGRA Decision

The Oil and Gas Regulatory Authority (Ogra) has increased the price of liquefied petroleum gas (LPG). According to a notification, the price of LPG has risen by Rs6.37 per kilogram. Following the increase, the price of a domestic LPG cylinder has gone up by Rs75.21. The...