DULUTH, Ga.--(BUSINESS WIRE)--Jan. 13, 2009--AGCO, Your Agriculture Company, (NYSE: AG), a worldwide manufacturer and
distributor of agricultural equipment, today announced that Hubertus
Muehlhaeuser, Senior Vice President, Strategy & Integration and General
Manager Engines, will assume additional responsibility for AGCO's
operations in Eastern Europe and Asia. This appointment reinforces
AGCO's commitment to aggressively grow in the developing markets of
Eastern Europe, including Russia, Ukraine, Kazakhstan and Uzbekistan,
and Asia, including China and India. Muehlhaeuser joined AGCO as Senior
Vice President for Strategy & Integration in September 2005 after having
spent more than 10 years at Arthur D. Little. He was the youngest
partner in the history of Arthur D. Little, when being made Senior
Partner in 1999.
"AGCO is committed to grow its business and the appointment of Hubertus
to this new role will provide a stronger focus on the emerging
agricultural markets in the developing regions of Eastern Europe and
Asia," stated Martin Richenhagen, AGCO Chairman, President and Chief
Executive Officer.
ABOUT AGCO
AGCO, Your Agriculture Company, (NYSE: AG) was founded in 1990 and
offers a full product line of tractors, combines, hay tools, sprayers,
forage, tillage equipment, implements, and related replacement parts.
AGCO agricultural products are sold under the core brands of
Challenger(R), Fendt(R), Massey Ferguson(R) and Valtra(R), and are distributed
globally through more than 3,000 independent dealers and distributors,
in more than 140 countries worldwide. AGCO provides retail financing
through AGCO Finance. AGCO is headquartered in Duluth, Georgia, USA. In
2007, AGCO had net sales of $6.8 billion. Please visit our website at www.AGCOcorp.com.
CONTACT: AGCO
Nancy Klentak
+1 770-232-8209
Manager, Global Corporate Communications
Nancy.Klentak@AGCOcorp.com
or
Rebecca Fabian
+49 221 420 28
rf@stockheim-media.com
or
Greg Peterson
+1 770.232.8229
Director, Investor Relations
Greg.Peterson@AGCOcorp.com
Source: AGCO
