Magnum moves to oust chair of Ben & Jerry’s
NegativeFinancial Markets

- Magnum has initiated a move to remove Anuradha Mittal from her position as chair of Ben & Jerry’s board, citing her ineligibility to serve. This decision comes amid ongoing tensions between Magnum and Ben & Jerry's, particularly following Magnum's recent spin-off from Unilever.
- The ousting of Mittal could significantly impact Ben & Jerry's governance and operational strategies, especially as the company navigates pressures from its parent company, Unilever, regarding financial controls and brand independence.
- This development highlights the broader challenges faced by Ben & Jerry's in maintaining its unique brand identity under Unilever's ownership, as concerns grow about potential governance issues and the implications of Magnum's independent status on the brand's future.
— via World Pulse Now AI Editorial System
