Document
false0000880266AGCO CORP /DE 0000880266 2019-09-25 2019-09-25
 
 
 
 
 
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

September 25, 2019
Date of Report
(Date of earliest event reported)
AGCO CORPORATION
(Exact name of Registrant as specified in its charter)
Delaware
 
001-12930
 
58-1960019
(State or other jurisdiction of incorporation or organization)
 
(Commission File Number)
 
(I.R.S. Employer Identification No.)
            
4205 River Green Parkway
Duluth, Georgia 30096
(Address of principal executive offices, including Zip Code)
770 813-9200
(Registrant’s telephone number, including area code)
 
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))
Securities registered pursuant to Section 12(b) of the Act
Title of Class
Trading Symbol
Name of exchange on which registered
Common stock
AGCO
New York Stock Exchange
(NYSE)

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.






Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 25, 2019, Rob Smith, Senior Vice President and General Manager, Europe/Middle East, notified AGCO Corporation (the “Company”) that he is resigning, effective January 31, 2020. Mr. Smith will be succeeded by Torsten Dehner, currently Vice President of Global Parts.

A copy of the Company’s press release announcing the changes in management is attached hereto as Exhibit 99.1.

Item 9.01.
Financial Statements and Exhibits.
(d) Exhibits
Exhibit No.
 
Description
 
104
 
Cover Page Interactive Data File - the cover page from this Current Report on Form 8-K is formatted in Inline XBRL.



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 27, 2019


Exhibit

Exhibit 99.1
https://cdn.kscope.io/b1dcc0d0ee2b0d89d85076230f908800-a92719agcoannouncesem_image1.jpg
NEWS RELEASE
www.agcocorp.com
For Immediate Release    

CONTACT:
Greg Peterson
Vice President, Investor Relations        
(770) 232-8229        
greg.peterson@agcocorp.com        
    
AGCO ANNOUNCES MANAGEMENT CHANGES
DULUTH, GA -September 27, 2019 - AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, announced today that Rob Smith, currently Senior Vice President and General Manager, Europe/Middle East (EME), has indicated his intent to leave AGCO on January 31, 2020. Rob will be succeeded by Torsten Dehner, currently Vice President of Global Parts for AGCO. Torsten’s appointment is effective January 1, 2020.
“I want to thank Rob for his significant contributions to the Company over the past six years. Rob has had a meaningful impact on developing and executing the strategic, financial and operational priorities for our European Business,” said Martin Richenhagen, Chairman, President and CEO of AGCO.
Mr. Dehner joined AGCO in 2010 as Vice President, Purchasing & Materials, EME and became Vice President of Global Parts in 2018. Prior to joining AGCO, Torsten held a number of leadership positions at Behr GmbH & Co. KG during his twelve-year tenure. In his final role at Behr, he served as Group Vice President, Purchasing. Mr. Dehner holds a bachelor’s and master’s degree in engineering from the University of Stuttgart and an MBA from the University of Reutlingen.
“Torsten brings a wealth of experience and demonstrated leadership to this position to help build on our successes in the European market,” continued Martin Richenhagen.
About AGCO:
AGCO (NYSE:AGCO) is a global leader in the design, manufacture and distribution of agricultural solutions and delivers high-tech solutions for farmers feeding the world through its full line of equipment and related services. AGCO products are sold through five core brands, Challenger®, Fendt®, GSI®, Massey Ferguson® and Valtra®, supported by Fuse® smart farming solutions. Founded in 1990 and headquartered in Duluth, Georgia, USA, AGCO had net sales of $9.4 billion in 2018. For more information, visit http://www.AGCOcorp.com. For company news, information and events, please follow us on Twitter: @AGCOCorp. For financial news on Twitter, please follow the hashtag #AGCOIR.
# # # # #
Please visit our website at www.agcocorp.com