Ben & Jerry's row deepens as three board members removed
Summary
Ben & Jerry's is changing how its board works, leading to the removal of three board members, including the chairperson, Anuradha Mittal. The changes are part of new rules that limit board member terms to nine years. This decision comes amid ongoing arguments about the company’s social mission and independence.Key Facts
- Ben & Jerry's is removing three board members due to new governance rules, including a nine-year term limit.
- The company’s co-founder, Ben Cohen, criticized the move, saying it's meant to reduce the board's independence.
- The affected board members are Anuradha Mittal, Daryn Dodson, and Jennifer Henderson.
- Unilever sold Ben & Jerry's to The Magnum Ice Cream Company, which increased the world's largest standalone ice cream maker.
- A major dispute with its parent company revolves around Ben & Jerry's social activism and independence.
- Ben & Jerry's refused to sell its products in Israeli-occupied areas in 2021, leading to further tensions with Unilever.
- Jerry Greenfield, another co-founder, left the company recently, adding to the ongoing disagreements over its direction.
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