Bunge Limited has announced that Drew Burke, Chief Financial Officer, is retiring effective December 31, 2016. The company plans to name a successor before the end of the year, and is conducting a search that will consider both internal and external candidates.
“For the past 14 years and in several roles, Drew has made great contributions to Bunge’s growth and success,” said Soren Schroder, CEO, Bunge Limited. “As CFO, he has helped create shareholder value by driving efficient portfolio management, financial discipline and prudent allocation of capital. His financial expertise, deep knowledge of the business and strong leadership have made him a highly valued advisor and member of our team. We wish him all the best in his retirement.”
Mr. Burke said “I’m proud of what we’ve accomplished as a team at Bunge over the past 14 years. This was a difficult personal decision for me, as it’s an exciting time for the company. I’ll be staying on until the end of the year to assure a smooth transition, and am confident that with the strategic plan and talented team we have, Bunge will capitalize on excellent growth opportunities ahead.”
Mr. Burke was named Chief Financial Officer in February 2011, having served as interim Chief Financial Officer since September 2010. He joined Bunge in 2002 as Managing Director, Soy Ingredients and New Business Development. Previously, he was CEO of the U.S. subsidiary of Degussa AG and worked for Beecham Pharmaceuticals and Price Waterhouse & Company.
Source: Bunge Limited
Temperature-controlled storage and logistic solution provider, Emergent Cold LatAm, has opened ‘Chile’s largest’ frozen food warehouse. Located in Talcahuano, a region renowned for its seafood and fruit production and exports, the warehouse represents a strategic enhancement of the local cold chain infrastructure.
Never Never gin will be sold through Asahi’s alcohol division, Carlton & United Breweries (CUB). According to the company, the acquisition – which won’t impact daily operations – will enable Never Never’s premium gin to reach a wider customer base while enhancing support and product offerings for existing customers.
Coca-Cola Europacific Partners (CCEP) announced today the forthcoming departure of Nik Jhangiani, senior vice president and chief financial officer, with plans underway to identify his successor. Jhangiani will be stepping down to assume the role of CFO at Diageo later this year.
