UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

AGCO CORPORATION

A Delaware Corporation
IRS Employer Identification No. 58-1960019
SEC File Number 1-12930

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:

o     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 17, 2011, the Board of Directors of AGCO Corporation elected Daniel C. Ustian as a member of its Board of Directors, effective March 17, 2011. Mr. Ustian’s term will expire at the 2011 annual meeting of stockholders. Mr. Ustian replaces Mr. Curtis Moll who will be retiring from the AGCO Board of Directors at the upcoming annual meeting of shareholders. In addition, Herman Cain retired from the Board of Directors effective March 17, 2011. A replacement for Mr. Cain will be named at a later date. A press release announcing Mr. Ustian’s election and Mr. Cain’s retirement is attached hereto as Exhibit 99.1.

Item 9.01. Exhibits.

The following exhibit is filed with this report:

99.1

Press release dated March 17, 2011.

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.

Dated: March 18, 2011

Exhibit Index

Exhibit No.		Description
99.1		Press release dated March 17, 2011.

EXHIBIT 99.1

		NEWS RELEASE www.agcocorp.com

For Immediate Release

CONTACT:
Greg Peterson
Director, Investor Relations
(770) 232-8229
greg.peterson@agcocorp.com

AGCO APPOINTS DANIEL C. USTIAN TO BOARD OF DIRECTORS
Ustian Brings Extensive Industrial Manufacturing Experience

DULUTH, GA — March 17, 2011— AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, announced today the election of Daniel C. Ustian, Navistar International Corporation’s Chairman, President and CEO, to its Board of Directors effective immediately.

     “Dan’s extensive leadership experience in the capital goods industry brings a fresh, external perspective to the Board,” said Martin Richenhagen, Chairman, President and CEO of AGCO Corporation. “The addition of his global, machinery manufacturing experience to the collective knowledge of our Board better positions AGCO for the opportunities facing our industry.”

     The distinguished career of Mr. Ustian has spanned more than 38 years with Navistar. Before being named CEO, he served as president and chief operating officer starting in 2002, overseeing the company’s truck and engine businesses. He served as president of Navistar’s engine group from 1999 to 2002 and group vice president and general manager of engine and foundry from 1990 to 1999.

     Mr. Ustian will replace Curtis Moll who will be retiring from the AGCO Board of Directors at the upcoming annual meeting of shareholders. In addition, Herman Cain retired from the Board of Directors effective March 17, 2011. A replacement for Mr. Cain will be named at a later date. “Curt and Herman have both played a major role in the growth and success of AGCO during their years of service on the Board. I want to thank them for their valuable contributions to AGCO,” Mr. Richenhagen continued.

• CHALLENGER • FENDT • MASSEY FERGUSON • VALTRA

ABOUT AGCO

AGCO, Your Agriculture Company (NYSE: AGCO), 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®, Fendt®, Massey Ferguson® and Valtra®, and are distributed globally through more than 2,700 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 2010, AGCO had net sales of $6.9 billion. Please visit our website at www.AGCOcorp.com.

AGCO • CHALLENGER • FENDT • GLEANER • HESSTON • MASSEY FERGUSON • ROGATOR
SPRA-COUPE • SUNFLOWER • TERRAGATOR • VALTRA • WHITE PLANTERS