Bunge announces following management appointments, both effective May 1: Raul Padilla as CEO of Bunge Brazil, Brian Thomsen as Managing Director, Bunge Global Agribusiness and CEO, Bunge Product Lines
WHITE PLAINS, New York
March 19, 2014
– Bunge Limited (NYSE: BG), a global agribusiness and food company, today announced the following management appointments, both effective May 1:
Raul Padilla, currently Managing Director, Bunge Global Agribusiness and CEO, Bunge Product Lines, will become CEO, Bunge Brazil, based in Sao Paulo.
Brian Thomsen, currently Managing Director, Grains & Oilseeds Product Lines, will succeed Mr. Padilla as Managing Director, Bunge Global Agribusiness and CEO, Bunge Product Lines. He will be based in Geneva.
"As head of global agribusiness and, previously, our Argentine operations, Raul has led critical parts of Bunge's business to record results," stated Soren Schroder, CEO, Bunge Limited. "I am pleased that he will apply his unparalleled operational and commercial expertise in Brazil, which is Bunge's largest country of operation and a vital part of our global value chains."
Mr. Padilla joined Bunge in 1997 after a 20-year commercial career in Argentina and Switzerland. He served as CEO, Bunge Argentina from 1999 to 2010, when he assumed his current position. As CEO, Bunge Brazil, he replaces Pedro Parente, who announced his retirement earlier this year.
Mr. Schroder continued: "Brian has been an outstanding head of our grain and oilseed product lines, and brings to his new position a 26-year track record of commercial success in the agribusiness industry. I am confident that his strategic thinking and deep understanding of trade flows and customers will enable him to lead our global agribusiness operations to new heights."
Mr. Thomsen joined Bunge in 2004 as Marketing Director, International Grains. He has also served as Product Line Director, Grains. Prior to Bunge, he worked in a variety of commercial and management roles at Cargill and Nidera.
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.
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SOURCE Bunge Limited
Investor: Mark Haden, Bunge Limited, 914-684-3398, email@example.com; or Media: Susan Burns, Bunge Limited, 914-684-3246, firstname.lastname@example.org