Bunge Announces Appointment of Pierre Mauger as Chief Development and
Performance Management Officer
WHITE PLAINS, N.Y., March 13, 2013
WHITE PLAINS, N.Y., March 13, 2013 /PRNewswire/ --Bunge Limited (NYSE:BG)
today announced the appointment of Pierre Mauger to the newly created position
of chief development and performance management officer. In this role, Mr.
Mauger will lead Bunge's global business development activities, including
M&A, strategic planning and capital allocation, as well as the company's
performance management and analysis processes. In addition to these
responsibilities, Mr. Mauger will oversee Bunge's global innovation function.
He will join Bunge effective April 1 and report to the CEO.
"Pierre brings to Bunge's global management team a combination of strengths–
strategy development expertise, highly systematic thinking and deep insights
into agribusiness, food and consumer packaged goods– and new and informed
perspectives," stated Alberto Weisser, chairman and CEO, Bunge Limited. "He
will work in partnership with our segment and operating company leaders to
continuously improve the processes and systems we use to manage and build our
Mr. Mauger is currently a partner at McKinsey & Company, where since 2009 he
has led the agriculture service line in Europe, the Middle East and Africa.
In this role, he oversees client relationships with leading global companies
in the commodity processing and trading, agrochemicals and fertilizer sectors,
as well as with governments. Previously, he served as a partner in the firm's
consumer goods practice. He joined McKinsey as an associate in 2000. Before
that he worked as an auditor at Nestle and KPMG. He holds an M.B.A. from
INSEAD and a B.Sc. in Economics and Business Finance from Brunel University in
the United Kingdom.
"The opportunities for well-positioned global companies in the agribusiness
and food markets are compelling," stated Mauger. "Bunge has a great track
record and the right capabilities to succeed in the future. I look forward to
contributing to the company, and to being part of its talented,
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, including the
transactions discussed in this press release; 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.
SOURCE Bunge Limited
Contact: Investor Contact: Mark Haden, Bunge Limited, +1-914-684-3398,
firstname.lastname@example.org; Media Contact: Susan Burns, Bunge Limited,
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