February 2, 1995 |
Ben & Jerry's Homemade Inc., ending a seven-month search that included asking candidates to write essays on why they should get the job, on Wednesday hired a former beverage executive as its new president and chief executive. The counterculture company, facing tougher competition and changing consumer tastes in its premium ice cream business, chose Robert Holland Jr. to replace company co-founder Ben Cohen as chief executive.
June 14, 1994 |
Ben & Jerry's Homemade Inc. co-founder Ben Cohen said Monday that he will step aside as chief executive to concentrate on "fun stuff" such as new flavors and marketing ideas as the company seeks a chief executive with more business experience. Cohen will remain as chairman. The folksy upstart ice cream company, which came out of nowhere to take 40% of the market for premium ice cream and frozen yogurt, has seen its stock price fall by almost half in the past 18 months.
April 13, 2000 |
Unilever wants both Chunky Monkey and the just plain chunky. The food and consumer-products giant confirmed speculation Wednesday and agreed to buy quirky ice-cream maker Ben & Jerry's Homemade Inc. for $326 million. Unilever then added an ironic twist by agreeing to buy the weight-loss company Slim-Fast Foods Co. for $2.3 billion. Ben & Jerry's, based in South Burlington, Vt.
July 20, 1994 |
A medical librarian bared all in her application. Superman said he'd give up his day job. And a variety of children and pets have nominated their parents, masters and themselves. Ben & Jerry's Homemade Inc., the decidedly unconventional maker of premium ice cream, is on the hunt for a chief executive to replace co-founder Ben Cohen. He plans to let someone with a stronger business background lead the growing company.
CALIFORNIA | LOCAL
February 3, 1995 |
First prize was the job as CEO of the hugely successful Ben & Jerry's Homemade Inc. ice cream company. Second prize was free Ben & Jerry's ice cream for life. Luckily, Taylor James Caldwell won second. He is only 3 years old and some of his marketing ideas are questionable. "Dinosaur flavor!" Taylor exclaimed, showing the gap in his front teeth when asked what flavors he would like Ben & Jerry's to sell. And how do you make "Dinosaur flavor"? "Gummi bears and chocolate!" Taylor answered.
December 2, 1996 |
The departing chief executive of Ben & Jerry's Homemade Inc. will get a $100,000 bonus on top of his $250,000 annual salary, according to a report the North Moreton, Vt.-based ice cream maker filed with securities regulators. Robert Holland will continue to receive his salary through Jan. 30, 1998, under a severance agreement disclosed in the company's quarterly report. He will also get a $100,000 bonus in January 1997 and will receive options to buy 80,000 shares of company stock.
December 3, 1999 |
Are Ben & Jerry about to sell out? Ben & Jerry's Homemade Inc., the ice cream company known for its quirky flavors and social activism, said Thursday it has received "indications of interest to acquire the company," at a price substantially above its Wednesday close of $21 a share. Shares of Ben & Jerry's, which have been stock market laggards despite the company's improving profit, soared almost 18% on the news, closing at $24.69, up $3.69 on Nasdaq.
May 3, 2000 |
Unilever, the Anglo-Dutch consumer products giant that reached deals to acquire SlimFast Foods Co. and Ben & Jerry's Homemade Inc. last month, also made an unsolicited $18.41-billion cash bid for Bestfoods, the maker of Hellmann's mayonnaise and Skippy peanut butter disclosed. Bestfoods said in a letter to Unilever executives that after reviewing the proposal, its board rejected the offer as "financially inadequate" and not in the best interests of shareholders.
October 20, 1998 |
J.P. Morgan & Co. said its third-quarter earnings plunged a greater-than-expected 69% to $122 million, or 58 cents a share, as slumping worldwide markets hurt trading revenue. Analysts were expecting 81 cents a share. But Morgan stock, already battered in anticipation of bad results, rose $3.38 to close at $92.88 on the New York Stock Exchange on optimism that the worst is over at the U.S.' fourth-largest bank.
August 15, 1997 |
Connoisseurs of Ben & Jerry's ice cream won't have to wonder any longer whether it's made from milk from cows treated with artificial growth hormones. A settlement announced Thursday between the state of Illinois and a coalition of organic food companies, including the Vermont ice cream maker, means that in the future, one glance at the label on a pint of Cherry Garcia or Chunky Monkey will tell you whether the cows that produced the milk it was made from are hormone-free.