UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
Current Report
Dated August 29, 2012
of
AGCO CORPORATION
A Delaware Corporation
IRS Employer Identification No. 58-1960019
SEC File Number 1-12930
4205 River Green Parkway
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:
| ¨ | 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)) |
| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On August 29, 2012, Hubertus Muehlhaeuser resigned as Senior Vice President and General Manager, Europe/Africa/Middle East and Information Technology of AGCO Corporation. Mr. Muehlhaeuser joined AGCO in 2005 and subsequently served in various positions. Martin Richenhagen, President and Chief Executive Officer of AGCO, will handle Mr. Muehlhaeuser’s duties on an interim basis.
| Item 9.01. | Exhibits. |
The following exhibit is filed with this report:
| 99.1 | Press Release dated August 31, 2012. |
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: September 4, 2012
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 Announces Management Changes
DULUTH, GA – August 31, 2012 – AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment and infrastructure, announced today that Tom Welke is being promoted to the role of Senior Vice President, Global Grain and Protein — GSI.
“Tom brings a wealth of experience and demonstrated leadership to this position and allows us to continue to build our grain storage and protein business around the world,” said Martin Richenhagen, Chairman, President and Chief Executive Officer of AGCO Corporation. “He will be instrumental to our success as we extend our reach in storage and protein production enabling us to further benefit from increases in global grain and food demand.”
Mr. Welke had most recently served as Vice President and Managing Director for GSI China. He has been with GSI since 2008 and was previously President of the Global Grain business. He joined GSI from Whirlpool Corporation where he held various leadership roles including VP of European Product Strategy and Business Teams and VP of North America Demand and Supply Planning. Tom holds an MBA from the University of Michigan. Mr. Welke replaces Scott Clawson who has elected to take on a new role outside of AGCO.
Ÿ CHALLENGER Ÿ FENDT Ÿ MASSEY Ÿ FERGUSON Ÿ VALTRA Ÿ
The Company also announced today that Hubertus Muehlhaeuser resigned as Senior Vice President and General Manager, Europe/Africa/Middle East and Information Technology. Mr. Muehlhaeuser joined the Company in 2005 and subsequently served in various positions. Martin Richenhagen, commented, “We thank Mr. Muehlhaeuser for his valuable contributions over the past 7 years.” Mr. Richenhagen will handle Mr. Muehlhaeuser’s duties on an interim basis.
About AGCO
AGCO, Your Agriculture Company, (NYSE: AGCO), is a global leader focused on the design, manufacture and distribution of agricultural machinery. AGCO supports more productive farming through a full line of tractors, combines, hay tools, sprayers, forage equipment, tillage, implements, grain storage and protein production systems, as well as related replacement parts. AGCO products are sold through four core machinery brands, Challenger®, Fendt®, Massey Ferguson® and Valtra®, and are distributed globally through 3,100 independent dealers and distributors in more than 140 countries worldwide. Retail financing is available through AGCO Finance for qualified purchasers. Founded in 1990, AGCO is headquartered in Duluth, Georgia, USA. In 2011, AGCO had net sales of $8.8 billion. http://www.agcocorp.com
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