MIAMI--(BUSINESS WIRE)--The Sucres Et Denrées (Sucden) Group is pleased to announce that Michael Gelchie, former Senior Portfolio Manager at Sierentz North America, will be joining Sucden Americas Corporation in January 2017, in the capacity of Trading Director.
Mr. Gelchie’s involvement will be primarily on research and analysis of sugar market fundamentals, systematic trading, macro environment and general commodity market trends, in order to provide support to the various sugar departments within the Sucden Group in relation with their futures book, hedging strategies and risk management.
The Sucden Group looks forward to this new addition, and wishes the best of success to Mr. Gelchie.
Any questions or inquires may be directed to Mr. Thierry Songeur, President and CEO of Sucden Americas Corporation at (305) 347-4730.
About The Sucres & Denrées (Sucden) Group:
Sucden Group is a market leader in the global business of sugar. Sucres & Denrées is active in sugar sourcing, logistics, risk management, merchandising, trading, processing and distribution. Through the years, the Group has expanded its scope of activities beyond sugar into other products and services like cocoa, ethanol, ocean freight, coffee and futures/options brokerage on the world's major exchanges. With an entrepreneurial and creative team of more than 4 000 employees in over 30 locations worldwide Sucres & Denrées strives to serve its customers with quality and integrity.