Unilever, Ben & Jerry's parent company, accused of removing CEO over politics [Yahoo! Finance]
Unilever PLC American Depositary Shares (each representing One Ordinary Share) (UL)
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Source: Yahoo! Finance
It's not the first time Ben & Jerry's has sued its parent company for interfering with the brand's progressive political statements. Ben & Jerry's, the popular Vermont-based ice cream brand known for its progressive politics, is suing its parent company Unilever over the firing of Ben & Jerry's CEO. A lawsuit filed by Ben & Jerry's this week says London-based Unilever informed its board on March 3 that it is removing and replacing Ben & Jerry's CEO David Stever. According to Ben & Jerry's, Stever's removal violates its merger agreement with Unilever, which stipulates that a CEO's removal can only happen after consulting with an advisory committee from Ben & Jerry's board. The backstory Unilever bought Ben & Jerry's 25 years ago for $326 million. At the time, Ben & Jerry's said the partnership would help the progressive Vermont-based ice cream company expand its social mission. But in recent years, the merger has become fractured. In 2021, Ben & Jerry's announced it would st
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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