Ben & Jerry’s ousts board chair Mittal as it sets new term limits
NeutralFinancial Markets

- Ben & Jerry’s has removed Anuradha Mittal from her position as board chair, implementing new term limits as part of a governance overhaul. This decision follows increasing scrutiny and pressure from its parent company, Unilever, regarding governance practices and financial oversight within the Ben & Jerry’s Foundation.
- The ousting of Mittal signifies a pivotal shift in the leadership structure of Ben & Jerry’s, reflecting the company's efforts to address governance concerns that have been raised by Unilever. This move may also impact the strategic direction of the brand moving forward.
- The leadership change at Ben & Jerry’s occurs amid ongoing tensions with Unilever and concerns about the brand's independence following the spin-off of Magnum Ice Cream Company. The situation highlights broader issues of corporate governance, brand identity, and the challenges faced by companies navigating ownership dynamics in a competitive market.
— via World Pulse Now AI Editorial System
