AGCO CORPORATION (Form: 8-K)  

 


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     
Date of Report (Date of Earliest Event Reported):   October 28, 2005

AGCO CORPORATION
__________________________________________
(Exact name of registrant as specified in its charter)

     
Delaware 1-12930 58-1960019
_____________________
(State or other jurisdiction
_____________
(Commission
______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
4205 River Green Parkway, Duluth, Georgia   30096
_________________________________
(Address of principal executive offices)
  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   (770)813-9200

Not Applicable
______________________________________________
Former name or former address, if changed since last report

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


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Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

Effective as of October 28, 2005, the Board of Directors of AGCO Corporation elected Gerald L. Shaheen as a member of its Board of Directors. Mr. Shaheen will stand for shareholder election in April 2006. A press release announcing this election is attached hereto as Exhibit 99.1.





Item 9.01 Financial Statements and Exhibits.

(c) Exhibits

The following exhibit is filed with this report:

99.1 Press release dated October 28, 2005






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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

         
    AGCO CORPORATION
          
October 28, 2005   By:   Andrew H. Beck
       
        Name: Andrew H. Beck
        Title: Senior Vice President and Chief Financial Officer


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Exhibit Index


     
Exhibit No.   Description

 
99.1
  Press Release of AGCO Corporation issued October 28, 2005.
EX-99.1

Exhibit 99.1

COMPANY NEWS RELEASE

AGCO Corporation
4205 River Green Parkway Duluth, GA USA 30096-2568
www.agcocorp.com

Telephone 770.813.9200

FOR IMMEDIATE RELEASE
October 28, 2005

     
CONTACT:
  Andy Beck
Sr. Vice President & CFO
770-813-6083

AGCO CORPORATION ELECTS
GERALD L. SHAHEEN TO ITS BOARD OF DIRECTORS

DULUTH, GA – October 28, 2005 – AGCO Corporation (NYSE:AG), a worldwide manufacturer and distributor of agricultural equipment, today announces the election of Gerald L. Shaheen, Group President of Caterpillar Inc., to the AGCO Board of Directors. Mr. Shaheen will stand for shareholder election in April 2006. With this additional Director, the AGCO Board consists of 11 external Directors.

Chairman of the Board Mr. Robert Ratliff, comments “We are very excited to have someone of Mr. Shaheen’s caliber and deep industry knowledge join our Board. Having served in this sector for over 37 years, he brings a significant background to the table. We are most pleased that he has agreed to serve AGCO Corporation in this capacity.”

Mr. Shaheen is currently a Group President of Caterpillar Inc. in Peoria, Illinois. He is responsible for the design, development and production of Caterpillar’s large construction and mining equipment. His responsibilities also include marketing and sales operations in North America, Caterpillar’s components business, and Caterpillar’s research and development division. Since joining Caterpillar in 1967, Mr. Shaheen has held numerous marketing and general management positions, both in the United States and Europe, and at one time had responsibility for Caterpillar’s business in Europe, Africa, the Middle East, and the former Soviet Union. While living overseas, Mr. Shaheen was active in several international organizations.

Mr. Shaheen was elected a Vice President of Caterpillar with responsibility for engine marketing and administration in 1995. He assumed his current position in November 1998.

Mr. Shaheen received his bachelor’s degree in marketing from Bradley University in 1966 and earned an MBA from Bradley in 1968. He has served the University in several capacities, including president of the National Alumni Association. He was recognized as Distinguished Alumnus in 1993 and was inducted into the Centurion Society that same year. He completed the Tuck Executive Program at Dartmouth College in 1988. Mr. Shaheen is a Board member and Vice Chairman of the U.S. Chamber of Commerce; a Board member of the National Chamber Foundation, the Mineral Information Institute, Inc., and Bradley University; and a Board member and First Vice Chairman of the Association of Equipment Manufacturers (AEM). He also serves on the Board of Directors for Aquila, Inc., where he chairs the Audit Committee, and for National City Corporation, where he chairs the Nominating and Board of Directors Governance Committee. In Peoria, Mr. Shaheen serves on the OSF Saint Francis Medical Center Foundation Council, as well as on the Board of Trustees of the National Multiple Sclerosis Society, Greater Illinois Chapter, and Peoria NEXT.

AGCO Corporation, headquartered in Duluth, Georgia, is a global manufacturer and distributor of agricultural equipment and related replacement parts. AGCO products are distributed in more than 140 countries. AGCO offers a full product line including tractors, combines, hay tools, sprayers, forage, tillage equipment and implements through more than 3,900 independent dealers and distributors around the world. AGCO products are distributed under the various well-known brand names AGCOÒ, ChallengerÒ, Fendt®, GleanerÒ, HesstonÒ, Massey FergusonÒ, New IdeaÒ, RoGatorÒ, Spra-CoupeÒ, SunflowerÒ, Terra-GatorÒ, ValtraÒ, and WhitePlanters. AGCO provides retail financing through AGCO Finance. In 2004, AGCO had net sales of $5.3 billion.

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Please visit our website at www.agcocorp.com.