Grain News

Bunge Appoints Pierre Mauger Chief Development and Performance Management Officer

Date Posted: March 14, 2013

White Plains, NY—Bunge Limited (NYSE: BG) announced March 13 the appointment of Pierre Mauger to the newly created position of chief development and performance management officer.

In this role, Mr. Mauger will lead Bunge's global business development activities, including M&A, strategic planning and capital allocation, as well as the company's performance management and analysis processes.

In addition to these responsibilities, Mr. Mauger will oversee Bunge's global innovation function.

He will join Bunge effective April 1 and report to the CEO.

"Pierre brings to Bunge's global management team a combination of strengths – strategy development expertise, highly systematic thinking and deep insights into agribusiness, food and consumer packaged goods – and new and informed perspectives," stated Alberto Weisser, chairman and CEO, Bunge Limited.

"He will work in partnership with our segment and operating company leaders to continuously improve the processes and systems we use to manage and build our businesses."

Mr. Mauger is currently a partner at McKinsey & Company, where since 2009 he has led the agriculture service line in Europe, the Middle East and Africa.

In this role, he oversees client relationships with leading global companies in the commodity processing and trading, agrochemicals and fertilizer sectors, as well as with governments.

Previously, he served as a partner in the firm's consumer goods practice.

He joined McKinsey as an associate in 2000.

Before that he worked as an auditor at Nestle and KPMG.

He holds an M.B.A. from INSEAD and a B.Sc. in Economics and Business Finance from Brunel University in the United Kingdom.

"The opportunities for well-positioned global companies in the agribusiness and food markets are compelling," stated Mauger.

"Bunge has a great track record and the right capabilities to succeed in the future.

"I look forward to contributing to the company, and to being part of its talented, entrepreneurial team."

For more information, call 914-684-3398.

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