UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
Current Report
Dated July 26, 2011
Dated July 26, 2011
of
AGCO CORPORATION
A Delaware Corporation
IRS Employer Identification No. 58-1960019
SEC File Number 1-12930
IRS Employer Identification No. 58-1960019
SEC File Number 1-12930
4205 River Green Parkway
Duluth, Georgia 30096
(770) 813-9200
Duluth, Georgia 30096
(770) 813-9200
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 July 21, 2011, the Board of Directors of AGCO Corporation elected Mallika Srinivasan as a member
of its Board of Directors, effective July 21, 2011. Ms. Srinivasan’s term will expire at
the 2012 annual meeting of stockholders. Ms. Srinivasan is the Chairman and Chief Executive Officer
of Tractors and Farm Equipment Limited (TAFE), in which AGCO Corporation holds a 23% interest. In
2010, the Company purchased approximately $72.6 million of
tractors and components from TAFE. A press release announcing this election is
attached hereto as Exhibit 99.1.
| Item 9.01. | Exhibits. |
The following exhibit is filed with this report:
| 99.1 | Press release dated July 22, 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.
| AGCO Corporation |
||||
| By: | /s/ Andrew H. Beck | |||
| Andrew H. Beck | ||||
| Senior Vice President and Chief Financial Officer |
||||
Dated:
July 26, 2011
Exhibit Index
| Exhibit No. | Description | ||
| 99.1 | Press release dated July 22, 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
Director, Investor Relations
(770) 232-8229
greg.peterson@agcocorp.com
AGCO APPOINTS MALLIKA SRINIVASAN TO BOARD OF DIRECTORS
Srinivasan Brings Extensive Agricultural Machinery Industry Experience
Srinivasan Brings Extensive Agricultural Machinery Industry Experience
DULUTH, GA — July 22, 2011— AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer
and distributor of agricultural equipment, announced today the election of Mallika Srinivasan,
Chairman and CEO of Tractors and Farm Equipment Limited (TAFE), to its Board of Directors effective
immediately. TAFE is the second largest agricultural tractor manufacturer in India and has a
long-standing business relationship with the Massey Ferguson brand. AGCO holds a 23% interest in
TAFE.
“Mallika’s extensive leadership experience in the farm equipment industry will provide an
important perspective and contribution to our board,” said Martin Richenhagen, Chairman, President
and CEO of AGCO Corporation. “India represents an important agricultural equipment market and
offers tremendous opportunity for growth in agricultural production and component sourcing. The
appointment of Ms. Srinivasan demonstrates our commitment to developing our business in and from
this region.Mallika’s role in transforming TAFE through innovative processes and products will help
serve AGCO’s ongoing commitment to new products and markets.”
Ms. Srinivasan is a graduate of the Wharton School of Business, and her distinguished career
with TAFE has spanned 30 years. Under her leadership, TAFE’s sales have grown from under $50
million when she joined the company to over $1 billion in 2010. She is the recipient of numerous
awards for her business leadership including the Economic Times Businesswoman of the Year in 2006
and Ernst & Young’s 2010 Manufacturing Entrepreneur of the Year. Ms. Srinivasan also serves as a
Director on the Board of Tata Global Beverages Limited, the Indian
• CHALLENGER • FENDT • MASSEY FERGUSON • VALTRA
School of Business (ISB) and the Governing Board of Rural Technology and Business Incubator of
the Indian School of Technology.
ABOUT AGCO
AGCO, Your Agriculture Company, (NYSE:AGCO), a Fortune 500 company, was founded in 1990 and offers
a full product line of tractors, combines, hay tools, sprayers, forage equipment, tillage,
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
2,600 independent dealers and distributors in more than 140 countries worldwide. Retail financing
is available through AGCO Finance for qualified purchasers. AGCO is headquartered in Duluth, GA,
USA. In 2010, AGCO had net sales of $6.9 billion. http://www.agcocorp.com.
AGCO • CHALLENGER • FENDT • GLEANER • HESSTON • MASSEY FERGUSON • ROGATOR
SPRA-COUPE • SUNFLOWER • TERRAGATOR • VALTRA • WHITE PLANTERS
SPRA-COUPE • SUNFLOWER • TERRAGATOR • VALTRA • WHITE PLANTERS