Bunge Global

CEO Greg Heckman and CFO John Neppl remain at the helm post-merger, with Viterra’s David Mattiske and Bunge’s Julio Garros as co-COOs, a structure designed to integrate commercial operations and operations excellence. Communication has been consistent, with guidance, recast segmentation, and integration milestones disclosed on schedule.

Early post-close performance beat adjusted EPS expectations in Q3 2025, and the team reaffirmed the 2025 outlook. We view governance and disclosure quality as solid for a complex global operator.