Bunge Ltd. has appointed Todd Bastean to the position of CEO, Bunge North America, effective June 1. He is currently CFO of Bunge North America. He succeeds Soren Schroder, who will become CEO of Bunge Ltd. on the same date. Schroder will assume the role of CEO from Alberto Weisser, who earlier this year announced his retirement after 15 years leading the company.
Bastean started his career at Bunge in 1994 and became CFO of Bunge North America in 2010. Prior to 2010, he served as vice president and general manager of the operating company’s milling and biofuels business units, and as vice president and chief administrative officer of its grain and milling business units. He also held positions in strategic planning and auditing. Prior to joining Bunge he worked for KPMG Peat Marwick. He holds a bachelor’s degree in accounting from Western Illinois University.
Pierre Mauger recently joined Bunge Ltd. in the newly-created position of chief development and performance management officer. He will lead Bunge’s global business development activities, including M&A, strategic planning, and capital allocation, as well as the company’s performance management and analysis processes. He will also oversee Bunge’s global innovation function.
Mauger is currently a partner at McKinsey & Co., where since 2009 he has led the agriculture service line in Europe, the Middle East, and Africa. In this capacity he oversaw client relationships with leading global companies in the commodity processing and trading, agrochemicals, and fertilizer sectors, as well as with governments. Previously, Mauger served as a partner in the firm’s consumer goods practice. He joined McKinsey as an associate in 2000. Before that he worked as an auditor at Nestle and KPMG.
Mauger holds an M.B.A. from INSEAD and a B.Sc. in Economics and Business Finance from Brunel University in the U.K.