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December 11, 2019 | Bunge

Bunge Appoints Board of Director Members

Sheila Bair and Bernardo Hees were appointed effective December 9

Bunge Ltd. has appointed Sheila Bair and Bernardo Hees to its Board of Directors, effective December 9.

Bair was Chair of the Federal Deposit Insurance Corporation from 2006 to 2011. She left the FDIC in June 2011 to join the Pew Charitable Trust as a senior advisor, a role she held from 2011 through 2015. Bair also served as president of Washington College from 2015 to 2017, and senior advisor to international law firm DLA Piper, from 2014 to 2015. Earlier in her career, Bair was assistant secretary for financial institutions at the Department of the Treasury, senior vice president for government relations of the New York Stock Exchange, commissioner and Acting Chair of the Commodity Futures Trading Commission. 

Hees served as Chief Executive Officer of The KraftHeinz Company from 2015 to June 2019. He served as Chief Executive Officer of H.J. Heinz Holding Corporation since 2013. From 2010 to 2013 Mr. Hees served as Chief Executive Officer of Burger King Worldwide Holdings, Inc., a global fast food restaurant chain. From 2005 to 2010 he was Chief Executive Officer of América Latina Logística ("ALL"), a Brazilian logistics company. Mr. Hees was also a partner at 3G Capital from 2010 to 2019.

"I am delighted to welcome Sheila and Bernardo to the Bunge Board and benefit from their valuable expertise and perspective," says Board Chair Kathleen Hyle.  "2019 has been a transformative year for Bunge, and adding recognized leaders such as Sheila and Bernardo to the Board will provide us unique and valuable insights as we continue to pursue Bunge's strategic priorities."

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