Business

Ben & Jerry’s Co-Founder Departs Amid Board Tensions: A Case for Corporate Stewardship

More Drama at Ben & Jerry's
Like what you read? Please, share it!

By Elena Vasquez, Lead Editor
Valiant News Network | September 23, 2025

In a development that highlights the delicate balance between corporate governance and brand legacy, Ben & Jerry’s co-founder Jerry Greenfield has resigned from the iconic ice cream company after nearly five decades, citing irreconcilable differences with parent company Unilever over the enforcement of its social mission. Greenfield’s departure, announced via an open letter shared by co-founder Ben Cohen on September 17, underscores ongoing boardroom frictions that have simmered since the brand’s acquisition in 2000. While the founders frame this as a loss of independence, a closer examination reveals Unilever’s actions as prudent stewardship—safeguarding a global enterprise from the perils of politicized activism that could alienate consumers and erode shareholder value.

Ben & Jerry’s, founded in 1978 in Burlington, Vermont, evolved from a modest scoop shop into a multinational powerhouse, blending indulgent flavors with a commitment to progressive causes. The 2000 merger with Unilever preserved the brand’s unique structure: an independent board overseeing the social mission, separate from operational control, ensuring continuity of values like fair trade and environmental sustainability. This arrangement propelled Ben & Jerry’s to emblematic status, generating billions in revenue while championing issues from climate action to racial justice.

Yet, as the brand scaled under Unilever’s umbrella—now part of the forthcoming Magnum Ice Cream Company spinoff—the independent board’s interventions increasingly veered into geopolitics, straining the parent-subsidiary dynamic. The flashpoint arrived in 2021, when the board declared sales in Israel’s occupied West Bank “inconsistent with our values,” prompting Unilever to divest the Israeli distribution rights to a local licensee amid boycott pressures and legal challenges. Founders Cohen and Greenfield publicly endorsed the stance, but Unilever prioritized operational continuity, avoiding broader market disruptions.

Escalating Disputes: From Boardroom Battles to Legal Fronts

Tensions escalated in 2025. In March, Ben & Jerry’s sued Unilever in the Southern District of New York, alleging the parent company orchestrated the ouster of its CEO for permitting social media posts on topics like Black History Month and free speech—posts the suit claimed were censored to appease external stakeholders. Unilever countered with a motion to dismiss, arguing the claims lacked merit and stemmed from the board’s unilateral foray into the Israeli-Palestinian conflict, which inflicted reputational harm without regard for the conglomerate’s diverse global footprint.

Greenfield’s resignation letter, a poignant reflection shared by Cohen, lamented the erosion of the “independence” enshrined in the merger agreement. “It is profoundly disappointing to come to the conclusion that that independence… is gone,” he wrote, decrying the company as “silenced, sidelined for fear of upsetting those in power.” Cohen, arrested in May for protesting U.S. military aid to Israel during a Senate hearing, amplified the narrative, launching a “Free Ben & Jerry’s” campaign to buy back the brand for $1.5–2.5 billion—a proposal Unilever rejected.

These events coincide with Unilever’s strategic pivot: the planned November listing of Magnum Ice Cream Company in Amsterdam, with secondary listings in London and New York, as part of a broader restructuring to streamline its portfolio. Cohen and Greenfield penned an open letter to the new board on September 9, urging a separate spinoff to “release” Ben & Jerry’s and preserve its progressive ethos. Unilever, however, views such autonomy as untenable in a $60 billion enterprise accountable to shareholders worldwide.

The Corporate Imperative: Stability Over Ideology

From a conservative perspective—one that prizes fiscal discipline, free enterprise, and institutional integrity—Unilever’s position merits commendation. Corporations are not ideological crusades but engines of economic growth, employing thousands and delivering value to investors. The 2000 merger was no charitable donation; it was a transaction where Unilever invested in a premium brand, expecting returns unencumbered by decisions that invite boycotts, litigation, or market fragmentation.

The board’s activism, while noble in intent, has proven divisive. The 2021 West Bank decision sparked divestments from Unilever shares and backlash in pro-Israel markets, illustrating how politicized stances can undermine brand universality. Unilever’s response—divesting rights while maintaining core operations—protected jobs and revenue streams, a fiduciary duty to stakeholders. As investment partner Anna Macdonald of Aubrey Investments observed, the brand’s “irreverence and advocacy” fueled its appeal, but scaling globally demands boundaries to avoid alienating half its customer base.

Greenfield’s exit, though heartfelt, overlooks this reality. At 74, after 47 years, his departure as “brand ambassador” reflects personal conviction but not corporate necessity. Unilever’s statement expressed disappointment over the public airing of a “confidential employee career conversation” while reaffirming commitment to the brand’s “values-based position.” The Magnum Ice Cream spokesperson echoed gratitude for Greenfield’s legacy, inviting constructive dialogue—a far cry from the “silencing” alleged.

In an era of stakeholder capitalism, where ESG metrics blend with earnings, Unilever exemplifies responsible governance: honoring the merger’s spirit through sustained investments in sustainable sourcing and community programs, without endorsing every board whim. The founders’ buyback bid, while entrepreneurial, undervalues the infrastructure Unilever provides—global distribution, R&D, and risk mitigation—that transformed a Vermont startup into a household name.

Forward Path: Preserving Legacy Through Prudence

As the spinoff proceeds, Unilever’s approach offers a blueprint for harmonious coexistence: uphold core values like ethical sourcing and inclusivity, while insulating operations from geopolitical quagmires. Ben & Jerry’s thrives not in isolation but through the stability of its parent, ensuring flavors like Cherry Garcia reach shelves worldwide without ideological detours.

This saga reminds us that true legacy endures through adaptability, not absolutism. Conservatives, ever defenders of free markets, applaud Unilever’s resolve—prioritizing prosperity for all over the clamor of the few.

At Valiant News Network, we’re committed to Valiant, Verified, and Vanguard reporting—delivering the facts with respect for our institutions and an eye toward liberty’s defense. Business disputes like this merit scrutiny, but so does the corporate backbone that sustains innovation and employment.

Signed,
Elena Vasquez
Lead Editor, Valiant News Network

Leave a Reply

Your email address will not be published. Required fields are marked *