CHICAGO (Reuters) — Soren Schroder is shaking up Bunge Ltd. five months after taking the helm. The new chief executive officer recently said financial results must improve and talked about selling its money-losing Brazilian sugar milling business.
He ramped up discussions about share repurchases to the delight of investors. Bunge shares have risen 14 percent this year, well behind the 46 percent increase at rival Archer Daniels Midland Co.
Bunge is a global oilseed processor and its holdings include several canola crushing plants in Canada.
