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1. A Letter from our CEO At Ben & Jerry’s, the word of the year in 2007 was ‘global.’ Our ice cream business is thriving in the United States and Europe, and we have a growing presence in Asia. So it’s time we started thinking like a Company with a truly global reach. Over the next couple of years, we will be building an organizational structure that better At the same time, our Company remains firmly rooted in Vermont, where founders Ben Cohen and Jerry Greenfield made their first scoop of ice cream twenty-nine years ago and where our Company headquarters reside. And we continue to be guided by a three-part Company Mission that connects us to the progressive vision of Ben and Jerry. This vision calls us to make business decisions based on our values — and to use the power of our business to change the world for the better. I believe some of the most important work we did in 2007 was to fully embrace both realities — of being a global company and at the same time being a progressive business that is connected to people and communities. It’s the only path forward that makes sense for us — and it’s also an exciting path that few companies have gotten the chance to travel. Here are some examples of the roads we traveled in 2007:
We’re only too aware that we face big challenges to succeeding as a global, values-led business. We know it’s not easy to find authentic ways to make our company values relevant in new countries and cultures. We insist on staying closely connected to our suppliers even though our supply chain is becoming more complex as we play in new markets. And our desire to stay in touch with the grassroots — to connect with regular folks who discover our extraordinary ice cream — is hard to manage on a global scale. But these are the strategies we’ve used to build Ben & Jerry’s success over the last three decades, and we aren’t about to change the recipe now. I want to thank all the people who make up the Ben & Jerry’s family — from South Burlington, Vermont to places on the other side of the globe. I know we’re up to the challenges ahead and ready to have fun along the way. Peace, Love & Ice Cream Walt Freese
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reflects this reality and designing ways of working that allow us to communicate, plan, and execute as a global business.