May 20, 2016

Bunge announces retirement of CFO Drew Burke

 

Bunge Limited has announced that Drew Burke, chief financial officer of the company, is retiring effective from 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 of 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."

"I'm proud of what we've accomplished as a team at Bunge over the past 14 years," Burke remarked. "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 capitalise on excellent growth opportunities ahead."

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, Burke was CEO of the US subsidiary of Degussa AG and worked for Beecham Pharmaceuticals and Price Waterhouse & Company.