Core Insights - The global largest ice cream company, known for brands like Magnum, Cornetto, and Wall's, has appointed its first leadership team, marking a significant step after its separation from Unilever and ahead of its planned IPO in November 2025 [1][4][13] Leadership Appointments - Peter ter Kulve has been appointed as the CEO of the newly independent Magnum Ice Cream Company, having previously served as the President of Unilever's Ice Cream Division since 2024 [4][6] - Abhijit Bhattacharya has been appointed as the CFO, previously holding the same position in Unilever's ice cream business [6][8] - Jean-François van Boxmeer will serve as the incoming Chairman, bringing extensive experience from his previous roles in the consumer goods sector [9][10] Company Background - The company has a rich history, with ter Kulve joining Unilever's ice cream business in 1988 and having significant experience in the Chinese market, where he doubled the ice cream business size during his tenure [4][6] - Bhattacharya has a notable background in leading major business separations, including the successful spin-off of Philips' healthcare and lighting divisions [8] IPO Plans - The company is set to go public in mid-November 2025, with plans to list on the Amsterdam, London, and New York stock exchanges [13][15] - Unilever will retain just under 20% of the company's shares for up to five years post-IPO, with a gradual and orderly sale planned for the retained shares [13][15] Financial Performance - Unilever's ice cream business reported a 5.9% increase in basic sales for the first half of 2025, with a 3.8% increase in volume and a 2.0% increase in price [15] - The operating revenue for the ice cream segment was €4.6 billion (approximately 37.9 billion RMB), showing a slight year-on-year increase of 0.2% [15] Product Development - The company is focusing on product innovation and market strategies, having launched 31 new products in China in 2025, a 50% increase from the previous year [15]
670亿规模的全球最大冰淇淋公司正式任命新领导层,将带领年底冲击IPO
3 6 Ke·2025-08-05 00:22