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BG > SEC Filings for BG > Form 8-K on 9-Dec-2013All Recent SEC Filings

Show all filings for BUNGE LTD

Form 8-K for BUNGE LTD


Change in Directors or Principal Officers, Financial Statements and Exhibits

Item 5.02 Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On December 5, 2013, Alberto Weisser, Executive Chairman of the Board of Directors (the "Board") of Bunge Limited (the "Company"), informed the Board that he will resign from the Board effective December 31, 2013, concurrent with the previously announced expiration of his term as Executive Chairman. Mr. Weisser has served as Executive Chairman since June 2013, and prior to that served as Chairman and Chief Executive Officer of the Company since 1999.

The Board has appointed L. Patrick Lupo to succeed Mr. Weisser as non-executive Chairman of the Board, effective January 1, 2014. Mr. Lupo has been a member of the Board since 2006 and currently serves as Lead Independent Director and Deputy Chairman, as well as Chairman of the Compensation Committee. Upon Mr. Lupo assuming the role of non-executive Chairman, the Board will no longer have a Lead Independent Director. In connection with his service as non-executive Chairman, Mr. Lupo will receive a supplemental annual retainer of $250,000, comprised of $100,000 in cash and $150,000 in time-based restricted stock units.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No. Description

99.1 Press Release, dated December 6, 2013

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