Bunge Limited today announced that Andreas Fibig has been appointed to its Board of Directors, effective immediately.
Mr. Fibig, 54, is Chairman and CEO of International Flavors & Fragrances Inc., a leading global innovator of flavors, fragrances and cosmetic active ingredients for consumer products from fine fragrances to home, laundry and air care, and from sweet goods, beverages, savory and dairy to beauty products and digital scent. Previously, he was President and Chairman of the Board of Management of Bayer HealthCare Pharmaceuticals, the pharmaceutical division of Bayer AG, and held senior leadership roles at Pfizer Inc. and Pharmacia.
“Andreas brings extremely relevant experience to Bunge’s Board of Directors as the leader of IFF, a global company known for innovation, particularly related to ingredients in the food and beverage space,” said L. Patrick Lupo, Chairman, Bunge Limited. “We look forward to benefitting from his strong management skills, as well as his insights on shifting customer preferences and tastes as we continue to grow our Food & Ingredients business to be a larger percentage of our overall portfolio.”
Mr. Fibig holds a degree in Marketing and Business Management from Berlin’s University of Economics. He chairs the Board of Trustees of the Max Planck Institute for Infection Biology.
The Coca-Cola Co. has promoted Evguenia (Jeny) Stoichkova to president of global ventures, effective Jan. 1, 2023. Ms. Stoichkova joined Coca-Cola Bulgaria in 2004 and was most recently the president of the company’s Eurasia & Middle East division, a role she has held since 2021.
US-based Perfect Day, is partnering with Onego Bio, which specializes in creating animal-free eggs, aiming to accelerate the timeline to bring the eggs to the market. The business, with the use of its technology, plans to commercialize animal-free ovalbumin, the most abundant egg white protein extracted through precision fermentation.
Food waste costs the EU €143 billion per year (US$141.7 billion), with a report by Feedback EU raising the alarm of how it’s vital to reduce waste from farm to fork 50% by 2030 and the only way this will be achieved is by enforcing a mandatory directive forcing the food industry to do better and retailers to pay a tax of food waste.