LONDON: The Magnum Ice Cream Company has concluded that the chair of its Ben & Jerry’s brand no longer “meets the criteria” to serve as a board member after internal investigations, it said in an SEC filing, as an ongoing internal feud continues.
The Magnum-led ice cream venture, which also incorporates the Wall’s and Cornetto brands, is being spun off from consumer goods conglomerate Unilever in an Amsterdam listing now planned for Dec 8 after a delay of around one month due to the U.S. government shutdown.
Unilever and Ben & Jerry’s have been at odds since at least 2021 when the Chubby Hubby ice cream maker said it would stop selling in the Israel-occupied West Bank. Ben & Jerry’s has sued parent company Unilever over alleged attempts to silence it and called the conflict in Gaza a “genocide”, highly unusual for a major U.S. brand.