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Ben & Jerry's Strengthens Corporate Governance for Longevity of Social Mission

Ben & Jerry's Homemade Inc., renowned for its commitment to social justice, has announced pivotal changes to its corporate governance aimed at fortifying its social mission. In an era where corporate accountability is crucial, the ice cream giant has embarked on a journey to enhance the responsibilities of its board, ensuring that its values remain at the forefront of its business model.

A Shift towards Future-Proofing

On December 15, 2025, the company unveiled changes that are aligned with the governance model of its parent company, The Magnum Ice Cream Company (TMICC). This overhaul includes important steps such as a nine-year term limit for board members, a more stringent adherence to TMICC's Code of Business Integrity, and a structured board meeting schedule that adheres to the guidelines of the Merger Agreement. These initiatives are not just about compliance; they represent a recommitment to the company's unique three-part mission that encompasses product quality, economic viability, and social justice advocacy.

Chief Executive Officer Jochanan Senf emphasized, "The Ben & Jerry's Merger Agreement and the role of the Board is unique in the business world, and it plays a key role in the long-term sustainability of our mission." The changes mark a significant investment in transparency and accountability, reinforcing the core values of Ben & Jerry's as it embarks on a new chapter.

Accountability and Eligibility

In line with these governance changes, the company has taken concrete actions regarding its board's composition. Any board member who has served for more than nine years will be rendered ineligible for re-election in 2026. This decision impacts three directors, two of whom were informed of their ineligibility due to this newly established term limit. The commitment to upholding TMICC's Code of Business Integrity is further emphasized, with all current board members asked to reaffirm their dedication to these ethical standards, signifying a shift towards a more rigorous governance framework.

Foundation Insights

Alongside the changes to board governance, Ben & Jerry's reported on the Ben & Jerry's Foundation, an independent charitable entity. An independent audit highlighted several deficiencies in governance and financial controls, prompting the company to propose a new governance framework focused on ethics, conflicts of interest policy, and improved financial oversight. Despite having received substantial funding from Unilever in the past, totaling over $70 million since 2000, recent communication with the Foundation Trustees indicates a standstill regarding future funding until the proposed governance updates are embraced.

Looking Ahead

The initiatives taken by Ben & Jerry's are a testament to its ongoing commitment to being a powerful voice in the realm of social justice. The foundation, which is committed to empowering grassroots movements, has granted millions to progressive organizations across the nation. The proposed governance changes and increased levels of accountability will not only strengthen the company but also ensure that its commitment to social change remains intact.

As a Certified B Corp, Ben & Jerry's continues to weave its social mission into the fabric of its operations. For the ice cream company, the journey is not merely about the pursuit of profit but about fostering a world that emphasizes equity, justice, and sustainability. As it enters this new chapter, the dedication to its three-part mission remains palpable, and the company is poised to continue its impactful journey for years to come.

To stay updated on the latest news from Ben & Jerry's and its efforts to champion social causes, visit benjerry.com.