Recognition that establishing a global presence is crucial for grains and oilseeds companies thriving in the 21st century stands as a principal factor in the success of Bunge Ltd. in the years since its 2001 initial public offering, said the man who led the company in its first dozen years as a public company. Alberto Weisser, who recently retired as chief executive and will be executive chairman through the end of 2013, offered his perspectives on globalization of the grain business during a July interview with Milling & Baking News magazine, sister publication of World Grain. "The main reason (for the IPO) was our recognizing that times had changed," he said. "Either you become global and large, or you can't compete. So we needed money to do acquisitions and make investments."
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