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Stock impact report

Ben & Jerry's says its CEO was fired for the company's political posts [Yahoo! Finance]

Unilever PLC (UL) 
US:NYSE Investor Relations: unilever.com/investor-relations
Company Research Source: Yahoo! Finance
repeated public comments on progressive issues, removing its chief executive without the board's approval. It's the latest escalation of an increasingly ugly dispute between the brand and its conglomerate owner that began in 2021. In an amended complaint filed Tuesday in New York, lawyers for the ice cream brand said that rules stemming from its 2000 merger “protects Ben & Jerry's interests by precluding the unilateral removal of its CEO,” but Unilever did just that — “removing and replacing” CEO David Stever by not following the proper protocols and said it was because of the brand's continued comments on progressive issues. The lawsuit said that Unilever's motive for the removal of Stever was due to his “commitment to Ben & Jerry's Social Read more
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