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.
September 28, 1996 |
Turns out that Ben & Jerry Homemade Inc.'s first professional president, hired amid much fanfare, was just the flavor of the year. Well, 20 months to be exact. Robert Holland Jr., a management consultant who was hired to head the Waterbury, Vt.-based company after a nationwide essay-writing contest, will resign, the company said Friday. It didn't say why. Holland, 55, a former consultant at New York City-based management consultants McKinsey & Co.
June 6, 1997
Ben & Jerry's Homemade Inc., the quirky Burlington, Vt.-based ice cream maker, said it will redesign the packaging of its ice cream, frozen yogurt and sorbet product line. And it has chosen San Francisco-based design firm Primo Angeli Inc. to handle the task, said Chief Executive Perry Odak, who was named in January to develop new marketing strategies for the company, which has seen its market share and stock price flag. The new packaging is scheduled to be in stores by 1998.
November 21, 2000 |
A Unilever executive was appointed chief executive at Ben & Jerry's in what may mean an exit for the ice cream company's co-founders. Yves Couette was installed by Unilever, the Anglo-Dutch food conglomerate that bought South Burlington, Vt.-based Ben & Jerry's in August. He replaces Perry Odak.
December 13, 1987 |
It wasn't the prospect of failure that bothered Bennett Cohen and Jerry Greenfield. Success was the problem. They had, after all, racked up an impressive array of flops together over the 20-year course of a friendship formed between "the two fattest, slowest guys" in seventh-grade gym class and cemented through four nerdy, girlfriendless years of high school, Jerry's failure to get into medical school and Ben's career as college dropout, janitor and potter.