Linda Jojo
Bunge GlobalAbout Linda Jojo
Independent director nominee with deep technology, cybersecurity, and innovation leadership. Former EVP & Chief Customer Officer at United Airlines (2022–2024) and EVP Technology & Chief Digital Officer (2017–2022). Holds a B.S. in computer science and M.S. in industrial engineering from Rensselaer Polytechnic Institute; age 60; nominated to join BG’s Board with expected committee assignments on Audit and Corporate Governance & Nominations; independence confirmed under NYSE standards .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| United Airlines | EVP, Chief Customer Officer | 2022–2024 | Oversaw digital technology, contact centers, customer solutions and innovation |
| United Airlines | EVP Technology & Chief Digital Officer | 2017–2022 | Led IT, data analytics, digital products, e-commerce, cybersecurity, digital strategy |
| Rogers Communications | EVP & Chief Information Officer | — | Responsible for customer-facing and business support IT systems |
| Energy Future Holdings | Senior officer roles | — | Technology/operations leadership (not otherwise specified) |
| Flowserve Corporation | Senior officer roles | — | Technology/operations leadership (not otherwise specified) |
| General Electric | Senior officer roles | — | Technology/operations leadership (not otherwise specified) |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Exelon Corp. | Director | 2015–Present | Public company board; governance/technology oversight (committees not disclosed) |
| Federal Reserve Bank of Chicago | Board member | — | Regional central bank oversight (committees not disclosed) |
| Rensselaer Polytechnic Institute | Trustee | — | Academic governance (committees not disclosed) |
| Hero Digital Holdings LLC | Board member | — | Private company advisory (committees not disclosed) |
Board Governance
- Expected BG committee assignments: Audit (member) and Corporate Governance & Nominations (member) .
- Independence: Non-employee director nominee determined independent under NYSE standards; no material relationships with BG disclosed .
- Board effectiveness signals: Independent Chair; 11 of 12 nominees independent; executive sessions at every Board and committee meeting; ~99% average attendance in 2024 .
- Committee cadence (2024): Audit (8 meetings), Corporate Governance & Nominations (4), Enterprise Risk (4), HR & Compensation (7), Sustainability & Corporate Responsibility (4) .
Fixed Compensation
BG non-employee director cash compensation framework (effective 2024 AGM):
| Component | Amount (USD) | Notes |
|---|---|---|
| Annual cash retainer (all non-employee directors) | $150,000 | Increased by $50,000 in 2024 to maintain competitiveness and mitigate Swiss tax impacts post redomestication |
| Non-employee Chair supplemental (cash) | $75,000 | Applies to Board Chair only |
| Audit Committee member fee | $10,000 | Additional workload/responsibilities |
| Audit Committee chair fee | $25,000 | Chair premium |
| Other committee chair fee | $20,000 | CGNC, ERMC, HRCC, SCRC chairs |
| Other committee member fee | $— | No member fees for non-Audit committees |
| Meeting fees beyond 10 per year | $1,000 per additional meeting | Applies per director |
Performance Compensation
Director equity awards are time-based RSUs (no performance metrics); vesting aligns with annual meeting cycle and change-in-control protections under the NED plan:
| Term | Detail |
|---|---|
| Annual equity award (all non-employee directors) | $200,000 grant-date fair value |
| Non-employee Chair supplemental (equity) | $100,000 grant-date fair value |
| Typical annual grant units (2024 example) | 1,947 RSUs granted on May 15, 2024; average of the high/low on grant date: $102.70 |
| Vesting | Generally vests at first AGM following grant, subject to continued Board service |
| Mid-year appointment | Pro rata RSU grant based on days until next AGM |
| Change-in-control (NED plan) | Immediate vesting of RSUs if awards not assumed/substituted or director’s service terminates on/before first anniversary of change-in-control; options/SARs become exercisable |
| Annual grant cap per director (registered shares) | ≤ $540,000 fair value per calendar year |
| Plan share pool & usage | 320,000 shares authorized; 188,358 granted as of Dec 31, 2024 (incl. dividend equivalents) |
Other Directorships & Interlocks
| Company | Sector | Relationship to BG | Interlock/Conflict Notes |
|---|---|---|---|
| Exelon Corp. | Utilities | No BG competitive overlap disclosed | Director independence affirmed; no related-person transactions disclosed for Jojo |
| Federal Reserve Bank of Chicago | Public institution | No BG competitive overlap disclosed | Governance/financial oversight experience; not a public company directorship |
| RPI; Hero Digital Holdings LLC | Academic; Private | No BG competitive overlap disclosed | External governance/technology exposure |
Expertise & Qualifications
- Technology and cybersecurity leadership across complex, global IT organizations; digital product, data analytics, e-commerce oversight .
- Innovation and customer experience transformation as United Airlines Chief Customer Officer .
- Global business and risk oversight suited to Audit and CGNC roles; academic and regulatory board experience (Federal Reserve Bank of Chicago, RPI) .
- Education: B.S. computer science and M.S. industrial engineering (Rensselaer Polytechnic Institute) .
Equity Ownership
| Policy/Item | Requirement/Status |
|---|---|
| Director share ownership guideline | 5× annual cash retainer = $750,000 minimum, to be met within 5 years of initial election; unvested RSUs do not count; must hold 100% of net shares until guideline met |
| Hedging/pledging | Prohibited: short sales, margin accounts, pledging, and derivative hedging (e.g., puts/calls/collars) by directors/officers |
| BG beneficial ownership | Not disclosed for Jojo as of Mar 14, 2025 (not yet a BG director at that date) . |
| Form 4/insider trades | No BG insider transactions disclosed for Jojo in the proxy; none indicated . |
Governance Assessment
- Board effectiveness: Jojo’s Audit and CGNC placements strengthen oversight of cybersecurity/technology risks and governance processes; independence confirmed; executive sessions at every meeting; Board-wide attendance ~99%, signaling high engagement .
- Alignment and incentives: Substantial portion of director pay in equity and robust ownership guidelines promote alignment; prohibitions on hedging/pledging reduce misalignment risk .
- Conflicts and related-party exposure: No material relationships disclosed for Jojo; BG’s Related Person Transactions policy requires arm’s-length review and CGNC approval; independence framework applied annually .
- Shareholder confidence signals: Strong governance highlights; annual director elections; independent Chair; say-on-pay support 96.7% in 2024 indicates investor alignment with compensation governance .
- RED FLAGS: None identified for Jojo—no hedging/pledging, no related-person transactions disclosed, independence affirmed, reasonable outside public board load (one public board) .