Peter ter Kulve (CEO) and Abhijit Bhattacharya (CFO) to be appointed to The Magnum Ice Cream Company Board
Ahead of demerger from Unilever in mid-November 2025
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The Magnum Ice Cream Company (TMICC) announces key leadership appointments, marking an important milestone ahead of the demerger from Unilever and planned listing in mid-November 2025.
Peter ter Kulve is appointed Chief Executive Officer, The Magnum Ice Cream Company, having served as Business Group President for Unilever Ice Cream since 2024. Peter originally joined Unilever Ice Cream in 1988 as a Marketeer with his career development leading to the role of CEO Wall's China in 1999. Between 2004 and 2009 as Executive Vice President Global Ice Cream Category, he led the expansion of the category across developing markets, oversaw the globalization of the Magnum brand and rollout of Ben & Jerry’s in Europe, and led the integration of the Ice Cream category into Unilever North America. Broader within Unilever he has also served as Founder and Business Group President Health & Wellbeing, Business Group President Home Care, Chief Digital and Growth Officer and President Southeast Asia and Australasia.
Abhijit Bhattacharya is appointed Chief Financial Officer, The Magnum Ice Cream Company, having previously served as CFO for Unilever Ice Cream since 2024. Prior to joining Unilever, Abhijit had a career spanning 38 years at Koninklijke Philips N.V serving in a range of senior leadership positions in Finance and Operations across Europe, Asia and the US including Chief Financial Officer and Member of the Board of Management and Executive Committee, Head of Investor Relations and Chief Financial Officer Philips Healthcare. He led the carve out of several large businesses during his tenure in Philips.
As previously announced, Jean-François van Boxmeer, will oversee the management of the company as Chair Designate, based in Amsterdam, The Netherlands. Jean-François brings a wealth of experience both as a non- executive director and as an executive director. He is currently the Chair of Vodafone Group Plc, a Non- Executive Director on the Board of Heineken Holding N.V, a member of the Shareholders’ Committee of Henkel AG & Co. KGaA and the Chair of the European Roundtable for Industry. Earlier in his career Jean-François spent 36 years at Heineken N.V., a global brewing company, serving in a variety of management positions, including Chief Executive for 15 years. Chair Designate Jean-François van Boxmeer is in the process of appointing non-executive directors to The Magnum Ice Cream Company Board, the composition of which will be announced during Q3 2025.
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