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Update: Market Chatter: Unilever Proposes Peter ter Kulve as CEO of Ice Cream Business
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Update: Market Chatter: Unilever Proposes Peter ter Kulve as CEO of Ice Cream Business
Jun 18, 2025 3:02 AM

05:42 AM EDT, 06/18/2025 (MT Newswires) -- (Updates to include a statement from a Unilever ( UL ) spokesperson in the third paragraph.)

Unilever ( UL ) has proposed Peter ter Kulve as chief executive of its Magnum Ice Cream business, which will list in Amsterdam by year's end and is home to brands such as Ben & Jerry's ( UL ), Cornetto and Wall's, Reuters reported Tuesday, citing a Unilever ( UL ) spokesperson.

Ter Kulve, who currently serves as president of the ice cream business, has been accused by the board of Ben & Jerry's ( UL ) of "eye-popping" ignorance, according to the report.

A Unilever ( UL ) spokesperson confirmed the proposal to MT Newswires, saying Unilever's ( UL ) board is expected to approve the board composition of its Magnum Ice Cream business in July. Ben & Jerry's ( UL ) didn't immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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