Bunge appoints Acting Chief Executive Officer

Gregory A. Heckman, Acting CEO of Bunge
Photo by: Bunge Ltd

Bunge announced that Board member Gregory A. Heckman, a seasoned agribusiness executive, has been appointed Acting Chief Executive Officer, effective immediately. He replaces Soren Schroder, who previously announced his intention to step down.

Heckman joined the Bunge Board in 2018.

Additionally, as part of Bunge’s ongoing Board refreshment process, the Company announced that L. Patrick Lupo, Ernest Bachrach and Enrique Boilini, three of its longest-serving Board members, will not stand for re-election at the Company’s 2019 Annual General Meeting of Shareholders. Each will remain on the Board until his current term expires, in May 2019.

In early November 2018, Bunge appointed three directors to Board: Paul J. Fribourg, Chairman and Chief Executive Officer of Continental Grain Company (“Continental Grain”); Gregory Heckman, founding partner of Flatwater Partners; and Henry W. (“Jay”) Winship, President of Pacific Point Capital, LLC.