January 22, 2014
Bunge Brazil's president to retire in June
Bunge Limited announced that its president and chief executive officer Pedro Parente will retire effective June 30, 2014.
Parente has led Bunge's Brazilian operations since joining the company in January 2010.
"Pedro has made a tremendous, positive impact on Bunge Brazil," said Soren Schroder, CEO, Bunge Limited. "He conducted a comprehensive restructuring of our local operations, built a high-performance leadership team and increased, every year, the combined results of our core agribusiness and food and ingredients businesses."
Bunge expects to name a successor to Parente in the coming months.
BungeLimited 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 fertiliser in South America.