• Condensed by Lynda Kiernan

Bunge Overhauls Business Structure, Names New Leadership

As part of the company’s Competitiveness Program, Bunge has overhauled its structure, shifting its operations from five operating companies to three regions - North America, South America, and Europe-Asia.

The new platforms -- which are expected to leverage the company’s global scale, increase its focus on customers, and foster growth -- will be supported by a centralized global corporate functions including finance, HR, IT, and legal departments.

New leadership also has been put in place, with Todd Bastean named as president of North America; Pierre Mauger as president of Europe/Asia; and Raul Padilla as president of South America and Sugar & Bioenergy.

The global heads of Agribusiness, Food & Ingredients and Sugar and Bioenergy will be responsible for setting strategy, value chain maximization, cross regional customer relations, and risk management.

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Lynda Kiernan is Editor with HighQuest Group Media and of the Oilseed & Grain News. If you would like to submit a contribution for consideration, please contact Ms. Kiernan at lkiernan@highquestgroup.com.

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