Ben & Jerry's Accuses Unilever of Ousting CEO Over His Political Activism [Yahoo! Finance]
Unilever PLC American Depositary Shares (each representing One Ordinary Share) (UL)
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Source: Yahoo! Finance
In the filing, the trendy ice cream brand alleged that Unilever fired David Stever from a job he had held since 2023 because of his commitment to the company's social mission, BBC reported “Unilever has repeatedly threatened Ben & Jerry's personnel, including C.E.O. David Stever, should they fail to comply with Unilever's efforts to silence the social mission,” Ben & Jerry's filing read. On March 3, Unilever informed Ben & Jerry's board that it planned to remove and replace Stever. However, the parent company proceeded to make good on its words with the approval of an advisory board, which violated the agreement the two companies made when they merged in 2000. Ben & Jerry's filing added that “under Mr. Stever's tenure, Ben & Jerry's outperformed Unilever's ice cream portfolio .” Evidently, in 2024, the company's sales outpaced Magnum's, which is another Unilever-owned ice cream brand. What's more, under the acquisition deal, Unilever had agreed to allow Ben & Jerry's to maint
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- Director/PDMR Shareholding [Yahoo! Finance]Yahoo! Finance
- Ben & Jerry's ousts board chair Mittal as it sets new term limits [BNN Bloomberg (Canada)]BNN Bloomberg
- /C O R R E C T I O N -- Unilever/ [Yahoo! Finance]Yahoo! Finance
- Ben & Jerry's Enhances Governance of Board to Ensure Longevity of Social Mission [Yahoo! Finance]Yahoo! Finance
- Ben & Jerry's moves to curb board tenure -- report [Seeking Alpha]Seeking Alpha
UL
Sec Filings
- 12/15/25 - Form 6-K
- 12/12/25 - Form S-8
- 12/12/25 - Form S-8
- UL's page on the SEC website