WHITE PLAINS, NY – December 10, 2019 – Bunge Limited (NYSE: BG) today announced that Sheila Bair and Bernardo Hees have been appointed to its Board of Directors, effective December 9, 2019.
Bair was Chair of the Federal Deposit Insurance Corporation from 2006 to 2011. She left the FDIC in June 2011 to join the Pew Charitable Trust as a senior advisor, a role she held from 2011 through 2015. Bair also served as president of Washington College from 2015 to 2017, and senior advisor to international law firm DLA Piper, from 2014 to 2015. Earlier in her career, Bair was assistant secretary for financial institutions at the Department of the Treasury, senior vice president for government relations of the New York Stock Exchange, commissioner and Acting Chair of the Commodity Futures Trading Commission.
Hees served as Chief Executive Officer of The KraftHeinz Company from 2015 to June 2019. He served as Chief Executive Officer of H.J. Heinz Holding Corporation since 2013. From 2010 to 2013 Mr. Hees served as Chief Executive Officer of Burger King Worldwide Holdings, Inc., a global fast food restaurant chain. From 2005 to 2010 he was Chief Executive Officer of América Latina Logística (“ALL”), a Brazilian logistics company. Mr. Hees was also a partner at 3G Capital from 2010 to 2019.
“I am delighted to welcome Sheila and Bernardo to the Bunge Board and benefit from their valuable expertise and perspective,” said Board Chair Kathleen Hyle. “2019 has been a transformative year for Bunge, and adding recognized leaders such as Sheila and Bernardo to the Board will provide us unique and valuable insights as we continue to pursue Bunge’s strategic priorities.”
About Bunge Limited
Bunge (www.bunge.com, NYSE: BG) is a world leader in sourcing, processing and supplying oilseed and grain products and ingredients. Founded in 1818, Bunge's expansive network feeds and fuels a growing world, creating sustainable products and opportunities for more than 70,000 farmers and the consumers they serve across the globe. The company is headquartered in New York and has 25,000 employees worldwide who stand behind more than 360 port terminals, oilseed processing plants, grain silos, and food and ingredient production and packaging facilities around the world.