Bunge Global SA (NYSE: BG) today announced the executive
leadership team for the combined Bunge and Viterra business
following the close of the proposed transaction. As previously
announced, following the close of the transaction, the combined
company will be led by Greg Heckman, Bunge’s Chief Executive
Officer and John Neppl, Bunge’s Chief Financial Officer.
Viterra CEO, David Mattiske will become Co-Chief Operating
Officer (COO) along with Julio Garros, Bunge’s Co-President,
Agribusiness. In their roles as Co-COOs, they will jointly oversee
the commercial activities of the future combined organization which
includes commodity value chains, country/regional structures,
Centers of Expertise and Industrial Operations & Safety.
“The future combined company will expand its reach into more
crops and countries, offering farmers greater market access and
differentiated, value-added solutions in all key origins. Food,
feed & fuel customers will benefit from a broader product
portfolio and expanded global supply options,” said Greg Heckman,
Bunge’s Chief Executive Officer. “Creating the Co-COO positions
ensures we have the right level of leadership focus on the multiple
commercial and operational streams so that we identify the
strengths of our current organizations and leverage them globally
as we come together as One Bunge.”
Also serving on the executive leadership team of the future
combined company will be Kellie Sears, Chief Human Resources
Officer; Joe Podwika, Chief Legal Officer; Robert Wagner, Chief
Risk Officer; Pierre Mauger, Chief Transformation Officer; Debra
King, Chief Technology Officer; and Robert Coviello, Chief
Sustainability Officer and Government Affairs.
These global functional leaders will set strategy globally,
focused on streamlining and standardizing processes and systems to
more effectively support the business. This global effort will be
complemented with strong regional/local execution. This approach
sets the combined company up for success by ensuring greater
agility across our value chains, improve utilization of the
combined assets and opportunity for the combined team to innovate
and deliver for customers.
Other key commercial leaders of the future combined organization
include Christos Dimopoulos who assumes the newly created role of
Executive Vice President, Global Markets. He will partner with the
Co-COOs to deliver results by driving the commercial strategy and
risk deployment, while being directly responsible for the ocean
freight, global logistics, research, financial services, central
hedge desk and special risk units. Aaron Buettner will continue to
lead Food Solutions, which includes the tropical oils value chain,
specialty oils, food protein, lecithin and corn milling. He will be
responsible for leading Bunge’s food go-to-market strategy, working
closely with the value chains to grow our business with food
customers.
These leadership appointments are effective once the transaction
closes, which is anticipated to occur in mid-2024, subject to
satisfaction of customary closing conditions, including receipt of
regulatory approvals.
About Bunge
At Bunge (NYSE: BG), our purpose is to connect farmers to
consumers to deliver essential food, feed and fuel to the world.
With more than two centuries of experience, global scale and deeply
rooted relationships, we work to strengthen global food security,
increase sustainability where we operate, and help communities
prosper. As a world’s leader in oilseed processing and a leading
producer and supplier of specialty plant-based oils and fats, we
value our partnerships with farmers to bring quality products from
where they’re grown to where they’re consumed. At the same time, we
collaborate with our customers to develop tailored and innovative
solutions to meet evolving dietary needs and trends in every part
of the world. Our Company has its registered office in Geneva,
Switzerland and its corporate headquarters in St. Louis, Missouri.
We have approximately 23,000 dedicated employees working across
approximately 300 facilities located in more than 40 countries.
Website Information
We routinely post important information for investors on our
website, www.bunge.com, in the "Investors" section. We may use this
website as a means of disclosing material, non-public information
and for complying with our disclosure obligations under Regulation
FD. Accordingly, investors should monitor the Investors section of
our website, in addition to following our press releases, SEC
filings, public conference calls, presentations and webcasts. The
information contained on, or that may be accessed through, our
website is not incorporated by reference into, and is not a part
of, this document.
Cautionary Statement Concerning Forward Looking
Statements
The Private Securities Litigation Reform Act of 1995 provides a
"safe harbor" for forward looking statements to encourage companies
to provide prospective information to investors. This press release
includes forward looking statements that reflect our current
expectations and projections about our future results, performance,
prospects and opportunities. Forward looking statements include all
statements that are not historical in nature. 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, assumptions 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
factors, among others, could cause actual results to differ from
these forward looking statements: • the impact on our employees,
operations, and facilities from the war in Ukraine and the
resulting economic and other sanctions imposed on Russia, including
the impact on us resulting from the continuation and/or escalation
of the war and sanctions against Russia; • the effect of weather
conditions and the impact of crop and animal disease on our
business; • the impact of global and regional economic,
agricultural, financial and commodities market, political, social
and health conditions; • changes in government policies and laws
affecting our business, including agricultural and trade policies,
financial markets regulation and environmental, tax and biofuels
regulation; • the impact of seasonality; • the impact of government
policies and regulations; • the outcome of pending regulatory and
legal proceedings; • our ability to complete, integrate and benefit
from acquisitions, divestitures, joint ventures and strategic
alliances, including without limitation Bunge’s pending business
combination with Viterra Limited (“Viterra”); • the impact of
industry conditions, including fluctuations in supply, demand and
prices for agricultural commodities and other raw materials and
products that we sell and use in our business, fluctuations in
energy and freight costs and competitive developments in our
industries; • the effectiveness of our capital allocation plans,
funding needs and financing sources; • the effectiveness of our
risk management strategies; • operational risks, including
industrial accidents, natural disasters, pandemics or epidemics and
cybersecurity incidents; • changes in foreign exchange policy or
rates; • the impact of our dependence on third parties; • our
ability to attract and retain executive management and key
personnel; 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.
You should refer to "Item 1A. Risk Factors" in our Annual Report
on Form 10-K for the year ended December 31, 2023 filed with the
SEC on February 22, 2024, and "Risks Related to the Acquisition"
section of the Company's definitive proxy statement filed with the
SEC on August 7, 2023.
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version on businesswire.com: https://www.businesswire.com/news/home/20240416863273/en/
Media Contact: Bunge News Bureau Bunge 636-292-3022
news@bunge.com Investor Contact: Ruth Ann Wisener Bunge
636-292-3014 Ruthann.wisener@bunge.com
Grafico Azioni Bunge Global (NYSE:BG)
Storico
Da Dic 2024 a Gen 2025
Grafico Azioni Bunge Global (NYSE:BG)
Storico
Da Gen 2024 a Gen 2025
