Canadian frozen dessert maker CoolBrands International has announced that the company’s board of directors has elected David Stein, previously president and co-chief executive officer, to serve as co-chairman and CEO, effective immediately.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The appointment follows the death of co-chairman and co-CEO Richard Smith on 29 January.


The company also said that by mutual agreement its management agreement with Calip Dairies, through which Calip Dairies provided Smith’s full time management services and certain other ancillary services, had been terminated, effective immediately. The separate distribution agreement with Calip Dairies, in which Calip Dairies distributes CoolBrands’ products to customers in the New York Metropolitan area, remains in effect.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now