Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Ben & Jerry's says Unilever ousting ice cream maker's CEO over social activism
    Finance

    Ben & Jerry's says Unilever ousting ice cream maker's CEO over social activism

    Published by Global Banking & Finance Review®

    Posted on March 19, 2025

    3 min read

    Last updated: January 24, 2026

    Ben & Jerry's says Unilever ousting ice cream maker's CEO over social activism - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    Unilever removes Ben & Jerry's CEO, escalating a legal battle over social activism and independence, with plans to spin off ice cream brands.

    Unilever Removes Ben & Jerry's CEO Over Social Activism Dispute

    By Jonathan Stempel and Jessica DiNapoli

    NEW YORK (Reuters) -Ben & Jerry's said its parent company, Unilever, decided to oust the ice cream maker's chief executive, Dave Stever, escalating a battle over the subsidiary's independence on social policy issues.

    In a Tuesday night filing in Manhattan federal court, Ben & Jerry's said Unilever advised on March 3 it was "removing and replacing" Stever without approval from its independent board, after repeatedly threatening personnel if they did not comply with the parent's "efforts to silence the social mission."

    Stever was named Ben & Jerry's chief executive in May 2023, after having been with the maker of Cherry Garcia since being hired as a tour guide in 1988.

    Ben & Jerry's has been suing Unilever to stop the parent's alleged efforts to dismantle its board and end its progressive social activism, which has included protesting the war in Gaza and supporting a movement to defund police.

    The latest accusations were included in a proposed amended complaint, which Vermont-based Ben & Jerry's needs court permission to file.

    Unilever, based in London, had faced a Wednesday deadline to seek dismissal of Ben & Jerry's earlier complaint. It did not respond to several requests for comment.

    The alleged censorship reflects corporate fear at retaliation by the Trump administration or other governmental bodies in their "crusade against all things DEI," said Doug Chia, president of advisory firm Soundboard Governance, referring to diversity, equity and inclusion programs.

    "For a corporation, they don't want to take any chances on any statements about any social issue or political issue or geopolitics," Chia said.

    He said some of Ben & Jerry's stances are "pushing it very far in a progressive direction in a very vocal way," more reflective of an advocacy group or non-governmental organization than a mainstream maker of ice cream.

    Ben & Jerry's has had a socially conscious mission since its 1978 founding by Ben Cohen and Jerry Greenfield.

    Unilever bought Ben & Jerry's in 2000.

    The companies have been at odds since 2021 when Ben & Jerry's decided to stop selling ice cream in the Israeli-occupied West Bank, calling it inconsistent with its values. That business was later sold.

    Many companies have retreated on social policies that Donald Trump and other conservatives deem too liberal, as the U.S. president seeks to reshape the federal government and parts of corporate America.

    Last month, Ben & Jerry's accused Unilever of unilaterally banning it from publicly criticizing Trump, ostensibly because of the "new dynamic."

    Unilever plans to spin off Ben & Jerry's, Breyers, Magnum and other ice cream brands later this year, as it simplifies a product portfolio whose dozens of other brands include Dove, Hellmann's, Knorr, Surf and Vaseline.

    The case is Ben & Jerry's Homemade Inc v Unilever et al, U.S. District Court, Southern District of New York, No. 24-08641.

    (Reporting by Jonathan Stempel and Jessica DiNapoli in New York; Editing by Lisa Shumaker and Alistair Bell)

    Key Takeaways

    • •Unilever ousts Ben & Jerry's CEO over social activism.
    • •Ben & Jerry's sues Unilever for independence on social policies.
    • •Unilever plans to spin off ice cream brands, including Ben & Jerry's.
    • •Tensions rise over Ben & Jerry's stance on social issues.
    • •Corporate fear of retaliation influences social policy decisions.

    Frequently Asked Questions about Ben & Jerry's says Unilever ousting ice cream maker's CEO over social activism

    1What is the main topic?

    The article discusses Unilever's decision to remove Ben & Jerry's CEO over social activism issues, highlighting a legal battle over independence.

    2Why did Unilever remove Ben & Jerry's CEO?

    Unilever removed the CEO due to disputes over Ben & Jerry's social activism and its impact on corporate strategy.

    3What are the implications of this conflict?

    The conflict may affect Unilever's corporate strategy and its plans to spin off ice cream brands, impacting brand independence.

    More from Finance

    Explore more articles in the Finance category

    Image for Rugby-Ford shines as England overwhelm dismal Wales 48-7 to kickstart Six Nations title bid
    Rugby-Ford shines as England overwhelm dismal Wales 48-7 to kickstart Six Nations title bid
    Image for Greenland foreign minister says US talks are positive but the outcome remains uncertain
    Greenland foreign minister says US talks are positive but the outcome remains uncertain
    Image for Hungary's opposition Tisza promises wealth tax, euro adoption in election programme
    Hungary's opposition Tisza promises wealth tax, euro adoption in election programme
    Image for Farmers report 'catastrophic damage to crops as Storm Marta hits Spain and Portugal
    Farmers report 'catastrophic damage to crops as Storm Marta hits Spain and Portugal
    Image for If US attacks, Iran says it will strike US bases in the region
    If US attacks, Iran says it will strike US bases in the region
    Image for Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Image for Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
    Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
    Image for NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    Image for Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Image for US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Image for Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    View All Finance Posts
    Previous Finance PostUbisoft faces make-or-break moment with 'Assassin's Creed Shadows'
    Next Finance PostDollar pares gains after Fed statement