Bunge Limited today announced that Jacqualyn A. Fouse, Chief Financial Officer, will be leaving the company effective September 24, 2010 to become CFO of Celgene Corporation, a global biopharmaceutical company. Bunge has initiated a search for Ms. Fouse’s replacement. Andrew J. Burke, the company’s Global Operational Excellence Officer, will serve as interim CFO.
“Jackie has made many contributions to Bunge during her tenure. She spearheaded initiatives to increase efficiency and provided valuable leadership during a particularly volatile time in our markets and the global economy,” said Alberto Weisser, Chairman and Chief Executive Officer, Bunge Limited. “I would like to express our appreciation and wish her success in her future endeavors. At the same time, I am pleased that Drew will serve as interim CFO. He is a highly experienced executive with strong finance and operational expertise. Given his deep knowledge of Bunge, we expect a smooth transition.”
Ms. Fouse stated, “I’m honored to have served as Bunge’s CFO, and I am proud of what we have accomplished. Bunge has a bright future, and I wish the team all the best.”
Mr. Burke, age 55, joined Bunge in 2002 and has served as co-CEO, Bunge Global Agribusiness and Bunge Product Lines, and as Managing Director, Soy Ingredients and New Business Development. Mr. Burke acted as interim Chief Financial Officer from April to July 2007. Prior to joining Bunge, he was CEO of Degussa Corporation, the U.S. subsidiary of the German chemical concern, where he also served as CFO and held a variety of finance and management positions.
About Bunge
Bunge Limited (www.bunge.com, NYSE: BG) is a leading global agribusiness and food company with approximately 32,000 employees in more than 30 countries. 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 and corn to make ingredients used by food companies; and sells fertilizer in North and South America. Founded in 1818, the company is headquartered in White Plains, New York.
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