WHITE PLAINS, N.Y., May 27, 2011 /PRNewswire/ -- Bunge Limited (NYSE: BG) today announced the results of its Annual General Meeting of Shareholders, which was held this morning in New York City.
Election of Directors: Shareholders elected Mr. Ernest Bachrach and Mr. Enrique Boilini as directors for a three-year term. Bunge's Board now has 10 directors.
Approval of the Appointment of Our Independent Auditors: Shareholders approved the appointment of Deloitte & Touche LLP as independent auditors for the fiscal year ending December 31, 2011, and the authorization of the Audit Committee of the Board of Directors to determine the independent auditors' fees.
Advisory Vote on Executive Compensation: Shareholders approved this proposal.
Advisory Vote on Frequency of Future Shareholder Votes on Executive Compensation: Consistent with the recommendation of the Board, a majority of shareholders voted in favor of having future advisory votes on executive compensation on an annual basis.
The final vote results will be reported in a Form 8-K to be filed by Bunge with the Securities and Exchange Commission.
About Bunge Limited
Bunge Limited (www.bunge.com, NYSE: BG) is a leading global agribusiness and food company with approximately 32,000 employees in more than 30 countries. Bunge buys, sells, stores and transports oilseeds and grains to serve customers worldwide; processes oilseeds to make protein meal for animal feed and edible oil products for commercial customers and consumers; produces sugar and ethanol from sugarcane; mills wheat and corn to make ingredients used by food companies; and sells fertilizer in North and South America. Founded in 1818, the company is headquartered in White Plains, New York.
SOURCE Bunge Limited