- 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.
