Bunge Global Management

Management criteria checks 3/4

Bunge Global's CEO is Greg Heckman, appointed in Jan 2019, has a tenure of 5.25 years. total yearly compensation is $17.59M, comprised of 6.8% salary and 93.2% bonuses, including company stock and options. directly owns 0.43% of the company’s shares, worth $61.84M. The average tenure of the management team and the board of directors is 4.9 years and 4.3 years respectively.

Key information

Greg Heckman

Chief executive officer

US$17.6m

Total compensation

CEO salary percentage	6.8%
CEO tenure	5.3yrs
CEO ownership	0.4%
Management average tenure	4.9yrs
Board average tenure	4.3yrs

Recent management updates

Recent updates

Earnings Beat: Bunge Global SA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Feb 10

Bunge: A Negative Outlook Due To Commodity Price Decline

Feb 02

Bunge Global SA (NYSE:BG) Shares Could Be 35% Below Their Intrinsic Value Estimate

Jan 09

Bunge Global SA: A Good Investment Choice In The Agricultural Sector

Jan 06

Bunge Global SA (NYSE:BG) Looks Inexpensive But Perhaps Not Attractive Enough

Dec 25

We Think Bunge Global (NYSE:BG) Is Taking Some Risk With Its Debt

Dec 11

Does Bunge Global (NYSE:BG) Deserve A Spot On Your Watchlist?

Nov 26

Bunge: Valuation Looks Attractive, But Risks Are Very High

Oct 24

Bunge Limited (NYSE:BG) Shares Could Be 43% Below Their Intrinsic Value Estimate

Oct 04

Bunge: The Top Pick For Dividend Growth In Agriculture

Oct 03

Is Bunge (NYSE:BG) A Risky Investment?

Sep 04

Bunge: Too Cheap Despite Weak Growth This Year, Impressive Momentum

Aug 28

Bunge's (NYSE:BG) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 08

Bunge (NYSE:BG) Ticks All The Boxes When It Comes To Earnings Growth

Aug 03

Bunge's (NYSE:BG) Upcoming Dividend Will Be Larger Than Last Year's

Jul 14

Bunge's (NYSE:BG) Shareholders Will Receive A Bigger Dividend Than Last Year

Jun 30

Bunge (NYSE:BG) Is Paying Out A Larger Dividend Than Last Year

Jun 14

Bunge: Getting Bigger And More Diverse But Still Sandbagging

Jun 13

Bunge (NYSE:BG) Has Announced That It Will Be Increasing Its Dividend To $0.6625

May 26

Bunge (NYSE:BG) Will Pay A Larger Dividend Than Last Year At $0.625

May 12

We Like These Underlying Return On Capital Trends At Bunge (NYSE:BG)

May 10

These 4 Measures Indicate That Bunge (NYSE:BG) Is Using Debt Extensively

Apr 19

Bunge declares $0.625 dividend

Feb 23

Bunge (NYSE:BG) Shareholders Will Want The ROCE Trajectory To Continue

Feb 09

Bunge reports mixed Q4 earnings; initiates FY23 outlook

Feb 08

Bunge (NYSE:BG) Has A Somewhat Strained Balance Sheet

Jan 11

Bunge declares $0.625 dividend

Nov 15

Bunge's (NYSE:BG) Returns On Capital Are Heading Higher

Nov 11

Bunge Q3 2022 Earnings Preview

Oct 25

CEO Compensation Analysis

How has Greg Heckman's remuneration changed compared to Bunge Global's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$2b
Dec 31 2023	US$18m	US$1m	US$2b
Sep 30 2023	n/a	n/a	US$2b
Jun 30 2023	n/a	n/a	US$2b
Mar 31 2023	n/a	n/a	US$2b
Dec 31 2022	US$18m	US$1m	US$2b
Sep 30 2022	n/a	n/a	US$1b
Jun 30 2022	n/a	n/a	US$2b
Mar 31 2022	n/a	n/a	US$2b
Dec 31 2021	US$16m	US$1m	US$2b
Sep 30 2021	n/a	n/a	US$2b
Jun 30 2021	n/a	n/a	US$2b
Mar 31 2021	n/a	n/a	US$2b
Dec 31 2020	US$13m	US$1m	US$1b
Sep 30 2020	n/a	n/a	US$503m
Jun 30 2020	n/a	n/a	-US$1b
Mar 31 2020	n/a	n/a	-US$2b
Dec 31 2019	US$17m	US$1m	-US$1b
Sep 30 2019	n/a	n/a	-US$1b
Jun 30 2019	n/a	n/a	US$520m
Mar 31 2019	n/a	n/a	US$287m
Dec 31 2018	US$86k	n/a	US$223m

Compensation vs Market: Greg's total compensation ($USD17.59M) is above average for companies of similar size in the US market ($USD13.53M).

Compensation vs Earnings: Greg's compensation has been consistent with company performance over the past year.

CEO

Greg Heckman (61 yo)

5.3yrs

Tenure

US$17,587,870

Compensation

Mr. Gregory A. Heckman, also known as Greg, serves as Director at Federal Reserve Bank of St. Louis. He serves as the Member of Advisory Council of The New York Stock Exchange since May 2020. He serves as...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Gregory Heckman	CEO & Director	5.3yrs	US$17.59m	0.43% $ 61.8m
John Neppl	Executive VP & CFO	4.9yrs	US$5.29m	0.064% $ 9.3m
Joseph Podwika	Executive VP	4.4yrs	US$3.30m	0.034% $ 5.0m
Christos Dimopoulos	Co-President of Agribusiness	5.5yrs	US$5.65m	0.059% $ 8.6m
Julio Garros	Co-President of Agribusiness	2.3yrs	US$4.57m	0.045% $ 6.6m
Jerry Simmons	Principal Accounting Officer & Controller	8.6yrs	no data	0.023% $ 3.4m
Debra King	Chief Technology Officer	1.3yrs	no data	no data
Ruth Wisener	Vice President of Investor Relations	5.1yrs	no data	no data
Kellie Sears	Chief Human Resources Officer	1.3yrs	no data	0.010% $ 1.5m
Pierre Mauger	Chief Transformation Officer	4.9yrs	no data	no data
Aaron Buettner	President of Food Solutions	2.3yrs	no data	0.022% $ 3.3m
Robert Coviello	Chief Sustainability Officer & Government Affairs	4.9yrs	no data	no data

4.9yrs

Average Tenure

54yo

Average Age

Experienced Management: BG's management team is considered experienced (4.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Gregory Heckman	CEO & Director	5.5yrs	US$17.59m	0.43% $ 61.8m
Carol Browner	Independent Director	10.7yrs	US$319.92k	0.017% $ 2.4m
Bernardo Hees	Independent Director	4.3yrs	US$299.92k	0.011% $ 1.5m
Kenneth Simril	Independent Director	2.5yrs	US$322.67k	0.0019% $ 280.7k
H. Jay Winship	Independent Director	5.5yrs	US$324.14k	0.019% $ 2.8m
Sheila Colleen Bair	Independent Deputy Chairman	4.3yrs	US$329.14k	0.0065% $ 938.2k
Mark Zenuk	Independent Chairman of the Board	5.8yrs	US$471.26k	0.013% $ 1.9m
Eliane Aleixo Lustosa de Andrade	Independent Director	1.4yrs	US$309.92k	0.00045% $ 65.5k
Monica McGurk	Independent Director	less than a year	US$263.66k	no data
Michael Kobori	Independent Director	2.5yrs	US$299.92k	0.0019% $ 280.7k

4.3yrs

Average Tenure

58.5yo

Average Age

Experienced Board: BG's board of directors are considered experienced (4.3 years average tenure).

Bunge Global Management

Management criteria checks 3/4

Key information

Recent management updates

Bunge Global SA and Viterra Limited Announces Management Changes

Bunge Global SA, Annual General Meeting, May 15, 2024

Co-President of Agribusiness recently sold US$2.2m worth of stock

Co-President of Agribusiness notifies of intention to sell stock

High number of new directors

Bunge Limited Announces the Resignation of Paul Fribourg from the Board of Directors and Member of the Enterprise Risk Management Committee and Sustainability and Corporate Responsibility Committee, Effective December 31, 2022

Recent updates

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Bunge Global SA and Viterra Limited Announces Management Changes

Bunge Global (NYSE:BG) Seems To Use Debt Quite Sensibly

Bunge Global SA, Annual General Meeting, May 15, 2024

Bunge Global SA to Report Q1, 2024 Results on Apr 24, 2024

Price target decreased by 7.9% to US$114

Bunge Global SA: Held Down By ABCD Issues, Buying The Dip

Here's Why We Think Bunge Global (NYSE:BG) Is Well Worth Watching

Price target decreased by 7.7% to US$116

Earnings Beat: Bunge Global SA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Price target decreased by 7.1% to US$118

Full year 2023 earnings: EPS exceeds analyst expectations

Upcoming dividend of US$0.66 per share at 3.0% yield

Consensus EPS estimates fall by 13%

Bunge: A Negative Outlook Due To Commodity Price Decline

Bunge Global SA to Report Q4, 2023 Results on Feb 07, 2024

Bunge Global SA (NYSE:BG) Shares Could Be 35% Below Their Intrinsic Value Estimate

Bunge Global SA: A Good Investment Choice In The Agricultural Sector

Bunge Global SA (NYSE:BG) Looks Inexpensive But Perhaps Not Attractive Enough

We Think Bunge Global (NYSE:BG) Is Taking Some Risk With Its Debt

Does Bunge Global (NYSE:BG) Deserve A Spot On Your Watchlist?

Bunge Limited Files Form 15

Bunge Limited Files Form 15

Upcoming dividend of US$0.66 per share at 2.6% yield

Bunge Limited Declares Dividend, Payable on March 1, 2024

Third quarter 2023 earnings released: EPS: US$2.47 (vs US$2.52 in 3Q 2022)

Bunge: Valuation Looks Attractive, But Risks Are Very High

Bunge Limited (NYSE:BG) Shares Could Be 43% Below Their Intrinsic Value Estimate

Bunge: The Top Pick For Dividend Growth In Agriculture

Bunge Limited to Report Q3, 2023 Results on Oct 26, 2023

Is Bunge (NYSE:BG) A Risky Investment?

Bunge: Too Cheap Despite Weak Growth This Year, Impressive Momentum

Co-President of Agribusiness recently sold US$2.2m worth of stock

Co-President of Agribusiness notifies of intention to sell stock

Bunge Limited Declares Quarterly Dividend, Payable on December 1, 2023

Upcoming dividend of US$0.66 per share at 2.4% yield

Bunge's (NYSE:BG) Shareholders Will Receive A Bigger Dividend Than Last Year

Price target increased by 7.5% to US$136

Bunge (NYSE:BG) Ticks All The Boxes When It Comes To Earnings Growth

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Bunge's (NYSE:BG) Upcoming Dividend Will Be Larger Than Last Year's

Bunge Limited to Report Q2, 2023 Results on Aug 02, 2023

Bunge Limited (NYSE:BG) and Renewable Energy Group, Inc. (NasdaqGS:REGI) acquired Chacraservicios S.r.l. from Adamant Bionrg Srl.

Bunge's (NYSE:BG) Shareholders Will Receive A Bigger Dividend Than Last Year

Bunge Limited (NYSE:BG) announces an Equity Buyback for $2,000 million worth of its shares.

Bunge Limited (NYSE:BG) entered into a definitive agreement to acquire Viterra B.V. from British Columbia Investment Management Corporation, Canada Pension Plan Investment Board and Glencore plc (LSE:GLEN) for $8.2 billion.

Bunge (NYSE:BG) Is Paying Out A Larger Dividend Than Last Year

Bunge Limited (NYSE:BG) entered into a definitive agreement to acquire Viterra B.V. from British Columbia Investment Management Corporation, Canada Pension Plan Investment Board and Glencore plc (LSE:GLEN) for $8.2 billion.

Bunge: Getting Bigger And More Diverse But Still Sandbagging

High number of new directors

Bunge (NYSE:BG) Has Announced That It Will Be Increasing Its Dividend To $0.6625

Viterra Reportedly in Merger Talks with Bunge

Bunge (NYSE:BG) Will Pay A Larger Dividend Than Last Year At $0.625

Bunge Limited Increases Quarterly Dividend, Payable on September 1, 2023

Upcoming dividend of US$0.63 per share at 2.8% yield

We Like These Underlying Return On Capital Trends At Bunge (NYSE:BG)

First quarter 2023 earnings: EPS exceeds analyst expectations

These 4 Measures Indicate That Bunge (NYSE:BG) Is Using Debt Extensively

Bunge declares $0.625 dividend

Full year 2022 earnings: EPS and revenues miss analyst expectations

Bunge (NYSE:BG) Shareholders Will Want The ROCE Trajectory To Continue

Bunge reports mixed Q4 earnings; initiates FY23 outlook

Upcoming dividend of US$0.63 per share at 2.5% yield

UAE's Mubadala Reportedly Drops Out of Bidding for Brazil's BP Bunge Bioenergia

Bunge Limited to Report Q4, 2022 Results on Feb 08, 2023

Bunge (NYSE:BG) Has A Somewhat Strained Balance Sheet

Bunge Limited Announces the Resignation of Paul Fribourg from the Board of Directors and Member of the Enterprise Risk Management Committee and Sustainability and Corporate Responsibility Committee, Effective December 31, 2022

High number of new directors