Bunge Limited Appoints Fernando Kfouri Managing Director, Food Products Business.Business Editors WHITE PLAINS, N.Y.--(BUSINESS WIRE)--May 22, 2001 Bunge Limited Bunge Limited NYSE: BG (formerly Bunge International and prior to that Bunge Y Born) is a multinational food conglomerate. As well as being a leading global soybean exporter it is also involved in food processing, grain trading, and fertilizer. (Bunge) today announced the appointment of Joao Fernando Kfouri to the position of managing director of its food products business, effective May 1, 2001. In this newly created position, Kfouri's responsibilities will include working with Bunge's management team in North and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. to develop and implement the company's food products strategy. Kfouri will report directly to CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Alberto Weisser. Bunge's food products operations include food processing Food processing is the set of methods and techniques used to transform raw ingredients into food for consumption by humans or animals. The food processing industry utilises these processes. , service and retail product businesses. The company produces shortenings and oils, bakery products and food ingredients, and mills wheat and corn. "Fernando Kfouri brings a wealth of experience to Bunge, and his position will provide a new source of strategic leadership that will help to drive our success," stated Flavio Sa Carvalho, chief personnel officer, Bunge International. "I am very pleased to join a company such as Bunge, with its long track record of success in food products," stated Kfouri. "I am excited to have the opportunity to further the company's tradition of producing top-quality products and delivering superior service to consumers, food processors and foodservice customers." Kfouri comes from a long and successful career with General Foods in Brazil. Previously, he headed the operations of Joseph E. Seagram's in Brazil and South America, and later became president of the America's group with responsibilities that also encompassed Seagram's North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Kfouri began his professional career in the Market Research department of Sanbra, a former Bunge company in Brazil. He has been a board member of Bunge Alimentos since 2000 and is also a Board member of Casa Cuervo in Mexico and of Dream Brands Import, a Florida-based beverage importer. Kfouri graduated from Fundacao Getulio Vargas in Sao Paulo in 1962. Bunge Limited, headquartered in White Plains, NY, is an integrated global company operating in the agribusiness and food industries. Building on a 180-year history, Bunge has an extensive portfolio of businesses which span the entire chain of food production. The company is the largest soybean soybean, soya bean, or soy pea, leguminous plant (Glycine max, G. soja, or Soja max) of the family Leguminosae (pulse family), native to tropical and warm temperate regions of Asia, where it has been processor in the Americas, markets grain and oilseed oilseed the seeds of the linseed plant, rapeseed or canola, peanut, safflower (Carthamus tinctorius); biproduct oils from seeds include corn, grapeseed, olive, sesame, sunflower. products through a network spanning five continents, operates the largest fertilizer business in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , and sells grain and soy based food products in the U.S. and Brazil. |
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