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Bunge Limited Announces Management Transition At Bunge Asia

WHITE PLAINS, N.Y., Dec. 9, 2013 /PRNewswire/ -- Bunge Limited (NYSE:  BG), a global agribusiness and food company, today announced the appointment of Michael Goettl to the position of CEO, Bunge Asia, effective January 1, 2014.  Mr. Goettl, currently COO, Bunge Asia, succeeds Christopher White, who, after leading Bunge's Asian operations for ten years, will remain with Bunge as a senior advisor managing strategic initiatives for the company.

"Mike is the ideal leader for the next era of Bunge's growth in Asia," stated Soren Schroder, CEO, Bunge Limited.  "His long experience in the region gives him deep understanding of the markets and a great appreciation for what is important to our customers.  Mike is also an outstanding operator, with a track record of delivering results in existing businesses and creating value from new investments."

Mr. Goettl joined Bunge in 2005.  Prior to being named COO, Bunge Asia, he served in a number of management roles, including agribusiness director, Asia, co-managing director, China, and business development director, Asia.  Before joining Bunge, he served as president of China Food & Agricultural Services and vice president of Asia/Latin American Marketing at Louis Dreyfus.  He holds an M.S. in agricultural economics from the University of Minnesota and a B.A. in international studies from the University of St. Thomas-Minnesota.

Mr. Schroder continued: "Chris leaves a great legacy.  Under his leadership, Bunge grew from a marketer to a major industrial operator in Asia, with strong positions in key markets like China, Vietnam and India, a reputation for high-quality customer service, and a strong portfolio of industrial and consumer products.  We thank him for his leadership in Asia and look forward to his further contributions as an advisor to the company."

About Bunge LimitedBunge Limited ( www.bunge.com, NYSE: BG) is a leading global agribusiness and food company operating in over 40 countries with approximately 35,000 employees.  Bunge buys, sells, stores and transports oilseeds and grains to serve customers worldwide; processes oilseeds to make protein meal for animal feed and edible oil products for commercial customers and consumers; produces sugar and ethanol from sugarcane; mills wheat, corn and rice to make ingredients used by food companies; and sells fertilizer in South America.  Founded in 1818, the company is headquartered in White Plains, New York.



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