Overview
- Ben & Jerry’s formalized new governance rules that include a nine-year board term limit, mandatory compliance with TMICC’s Code of Business Integrity, and defined meeting and engagement protocols.
- Chair Anuradha Mittal, Daryn Dodson, and Jennifer Henderson were told they will not qualify for re-election in 2026, with the company saying Mittal no longer meets criteria to serve following internal investigations.
- CEO Jochanan Senf said the changes strengthen governance, increase transparency, and safeguard the company’s three-part mission.
- In a CNBC interview, co-founder Ben Cohen condemned the overhaul as “Orwellian” and a “power grab,” arguing it aims to blunt the brand’s social advocacy.
- An audit of the Ben & Jerry’s Foundation found material deficiencies in financial controls and governance, and trustees have so far declined proposed reforms tied to further funding from Ben & Jerry’s and TMICC.