Bunge Limited announced that Board member Gregory A. Heckman as been appointed Acting Chief Executive Officer, effective immediately. He replaces Soren Schroder, who previously announced his intention to step down. Mr. Heckman, 56, joined the Bunge Board in 2018.

He has over 30 years of experience in the agriculture, energy and food processing industries, having served as CEO of The Gavilon Group and in senior executive roles at ConAgra Foods. Additionally, as part of Bunge's ongoing Board refreshment process, the Company announced that L. Patrick Lupo, Ernest Bachrach and Enrique Boilini, three of its longest-serving Board members, will not stand for re-election at the Company's 2019 Annual General Meeting of Shareholders. Each will remain on the Board until his current term expires, in May 2019.