Bunge Announces Leadership Changes in Canada

ST. LOUIS, Jan. 18, 2013 /CNW/ - Bunge North America, the North American 
operating arm of Bunge Limited (NYSE: BG), today announced a leadership 
transition for its Canadian operations.  Richard "Rick" A. Watson, who has 
served as country manager since 2008, will retire effective March 31, 2013.  
With this change, Karl Gerrand will join Bunge from Viterra, Inc., as managing 
director, Canada.  
"During his 38-year career, Rick has helped Canada's oilseed industry grow 
from a small domestic business to a global powerhouse," said Soren Schroder, 
president and CEO, Bunge North America.  "We appreciate the many contributions 
Rick made as he helped expand Bunge's business in Canada and we wish him all 
the best in retirement."   
Gerrand joins Bunge from Viterra, Inc., where he worked for eight years, most 
recently as chief operating officer of global processing operations.  He was 
responsible for 34 manufacturing facilities with 1200 employees around the 
world that crushed oilseeds and produced feed ingredients, milled wheat, durum 
and oats, and manufactured malt and pasta.  Prior to joining Viterra, Gerrand 
also served as co-founder and president of Can-Oat Milling, Inc., a 
wholly-owned subsidiary of Saskatchewan Wheat Pool. 
"We are pleased to have an experienced leader like Karl join the Bunge team," 
said Schroder.  "With his track record of delivering strong results, Karl is 
the right choice to drive Bunge's growth plans for our Canadian operations." 
Gerrand is active in industry associations, having served on the board of 
directors and on the executive committee of the North American Millers 
Association.  He has a bachelor's degree from the University of Manitoba. 
About Bunge North America Bunge North America (www.bungenorthamerica.com), the 
North American operating arm of Bunge Limited (NYSE: BG), is a vertically 
integrated food and feed ingredient company, supplying raw and processed 
agricultural commodities and specialized food ingredients to a wide range of 
customers in the livestock, poultry, food processor, foodservice and bakery 
industries.  With headquarters in St. Louis, Missouri, Bunge North America and 
its subsidiaries operate grain elevators, oilseed processing plants, edible 
oil refineries and packaging facilities, and corn dry mills in the U.S., 
Canada and Mexico. 
About Bunge Limited Bunge Limited (www.bunge.com, NYSE: BG) is a leading 
global agribusiness and food company operating in over 40 countries with 
approximately 35,000 employees.  Bunge buys, sells, stores and transports 
oilseeds and grains to serve customers worldwide; processes oilseeds to make 
protein meal for animal feed and edible oil products for commercial customers 
and consumers; produces sugar and ethanol from sugarcane; mills wheat, corn 
and rice to make ingredients used by food companies; and sells fertilizer in 
South America.  Founded in 1818, the company is headquartered in White Plains, 
New York.  
Cautionary Statement Concerning Forward-Looking Statements This press release 
contains both historical and forward-looking statements. All statements, other 
than statements of historical fact are, or may be deemed to be, 
forward-looking statements within the meaning of Section 27A of the Securities 
Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 
1934, as amended. These forward-looking statements are not based on historical 
facts, but rather reflect our current expectations and projections about our 
future results, performance, prospects and opportunities. We have tried to 
identify these forward-looking statements by using words including "may," 
"will," "should," "could," "expect," "anticipate," "believe," "plan," 
"intend," "estimate," "continue" and similar expressions. These 
forward-looking statements are subject to a number of risks, uncertainties and 
other factors that could cause our actual results, performance, prospects or 
opportunities to differ materially from those expressed in, or implied by, 
these forward-looking statements. The following important factors, among 
others, could affect our business and financial performance: industry 
conditions, including fluctuations in supply, demand and prices for 
agricultural commodities and other raw materials and products used in our 
business; fluctuations in energy and freight costs and competitive 
developments in our industries; the effects of weather conditions and the 
outbreak of crop and animal disease on our business; global and regional 
agricultural, economic, financial and commodities market, political, social 
and health conditions; the outcome of pending regulatory and legal 
proceedings; our ability to complete, integrate and benefit from acquisitions, 
dispositions, joint ventures and strategic alliances; our ability to achieve 
the efficiencies, savings and other benefits anticipated from our cost 
reduction, margin improvement and other business optimization initiatives; 
changes in government policies, laws and regulations affecting our business, 
including agricultural and trade policies, tax regulations and biofuels 
legislation; and other factors affecting our business generally. The 
forward-looking statements included in this release are made only as of the 
date of this release, and except as otherwise required by federal securities 
law, we do not have any obligation to publicly update or revise any 
forward-looking statements to reflect subsequent events or circumstances. 
Public Affairs, +1-314-292-2000, Fax: +1-314-292-2521 
http://www.bungenorthamerica.com 
SOURCE: Bunge North America 
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CO: Bunge North America
ST: Missouri
NI: AGR FBR FOD 2575 WNEWS  
-0- Jan/18/2013 21:16 GMT
 
 
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