December 18, 2013

Bunge appoints new non-executive chairman


Bunge Limited has appointed L. Patrick Lupo as its new non-executive chairman, effective from January 1, 2014.

Lupo will replace Alberto Weisser who retires as executive chairman from the company's Board of Directors effective from December 31, 2013. Weisser has served the role since June 2013, and was previously chairman and CEO since 1999.

Lupo has been a member of Bunge's Board since 2006 and currently serves as deputy chairman and lead independent director, as well as chairman of the compensation committee and a member of corporate governance and nominations committee.  He is the former chairman and CEO of DHL Worldwide Express where he had held a number of senior positions including roles at DHL Airways Inc.

Before joining Bunge, Lupo was a member of the supervisory board of Cofra, AG. He served as director of WH Smith PLC from November 1994 to March 2004.

In addition, Lupo was also appointed as senior independent non-executive director of Ladbrokes PLC in January 2001. He later moved on to become the non-executive director of Telefónica Europe PLC in August 2004.

Lupo holds a law degree from the University of San Francisco, US, and a degree from Seattle University.

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