Having effected major change over the course of 2019 and 2020 amidst pandemic, Gregory A. Heckman, Chief Executive Officer (CEO) of Bunge Ltd., stated that the company’s portfolio-reshaping phase “is really behind us.” Going forward, Bunge is structurally positioned for success and more likely to be a buyer than a seller of businesses. He said the company’s position as a leading global oilseed processor offers an ideal platform for growth as well as expansion into various other businesses.
Heckman was named CEO in January 2019 when the company was facing severe challenges and struggling. Heckman conducted a comprehensive strategic review and took the top spot while the board ran a search process for a permanent CEO. Sensing both an immediate opportunity to elevate the company and the foiling of the company’s global leaders seeking to move the company forward, he asked to be named acting rather than interim CEO.
Soon after he was named CEO, Heckman went on a global “listening tour,” which gave him the opportunity to meet with and listen to the company’s regional leaders. He used these inputs to develop Bunge Ltd., he worked day in and day out to improve the company’s portfolio. Today, Bunge stands tall as a global leader in oilseed processing sector.