Bunge Announces Soren Schroder to Succeed Alberto Weisser as CEO
Bunge Limited (NYSE: BG) today announced that Alberto Weisser will retire as chief executive officer (CEO) effective June 1, 2013. The board of directors has appointed Soren Schroder, currently CEO of Bunge North America, to succeed Mr. Weisser as CEO of the company, and expects Mr. Schroder to become a director before June 1. The board also appointed Mr. Weisser as executive chairman, serving until December 31, 2013.
"Alberto has guided Bunge through one of the most significant and successful eras in its nearly 200-year history," stated L. Patrick Lupo, deputy chairman and lead independent director, Bunge Limited. "Under his leadership, Bunge became a public company and grew from a regional operation to a global player, active in over 40 countries and with leading positions in key products and markets. Most importantly, however, Alberto helped instill the culture and approach that form the foundation of the company, and developed the talented team that is responsible for its success. We thank Alberto for his tremendous contributions to Bunge. We are fortunate to have a