> Ben & Jerry's alleges parent company Unilever removed its CEO over social activism
Ben & Jerry's alleges parent company Unilever removed its CEO over social activism
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Ben & Jerry’s says its CEO was unlawfully removed by its parent company, Unilever, in retaliation for the ice cream maker’s social and political activism.
In a federal court filing late Tuesday, Ben & Jerry’s said Unilever informed its board on March 3 that it was removing and replacing Ben & Jerry’s CEO David Stever. Ben & Jerry’s said that violated its merger agreement with Unilever, which states that any decisions regarding a CEO’s removal must come after a consultation with an advisory committee from Ben & Jerry’s board.
The Associated Press left a message seeking comment with London-based Unilever on Wednesday.
Unilever acquired Ben & Jerry’s in 2000 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.