Ben & Jerry's Removes Board Chair Mittal As It Sets New Term Limits | ESM Magazine

Contributing sentiments towards policy:

53% : Ben & Jerry's has removed the chair of its independent board as part of new governance practices introduced by the Vermont-based ice cream brand on Monday that include nine-year term limits for board members.
42% : Anuradha Mittal, who joined the Ben & Jerry's board in 2007, serving as chair since 2018, said this month she had no plans to resign under pressure from the then Ben & Jerry's owner Unilever, calling efforts to remove her an attempt by Unilever to "undermine the authority of the board itself". The Cherry Garcia ice cream maker is now owned by The Magnum Ice Cream Company, after a spinoff from Unilever last week that created the world's largest standalone ice cream company, commanding around a fifth of the $87 billion global market. Ben & Jerry's, whose 2000 merger agreement with Unilever created an independent board and preserved the brand's social mission and charitable work, said in a statement that any director who has served more than nine years on the board would not be eligible for annual re-election in 2026.

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