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AGCO Corporation (AGCO)


NYSE - NYSE Delayed Price. Currency in USD
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66.47-0.67 (-1.00%)
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AGCO Corporation

4205 River Green Parkway
Duluth, GA 30096
United States
770-813-9200
http://www.agcocorp.com

SectorIndustrial Goods
IndustryFarm & Construction Machinery
Full Time Employees19,795

Key Executives

NameTitlePayExercisedAge
Mr. Martin H. RichenhagenChairman, Chief Exec. Officer and Pres3.73M1.09M64
Mr. Andrew H. BeckChief Financial Officer and Sr. VP1.22M217.88k53
Mr. Gary L. CollarSr. VP and Gen. Mang. of Asia Pacific & Africa1.22M131.2k60
Mr. Hans-Bernd VeltmaatChief Supply Chain Officer and Sr. VP1.27M20.75k62
Dr. Richard Robinson SmithSr. VP and Gen. Mang. of Europe & Middle East1.45MN/A52
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. The company offers tractors, including high horsepower tractors that are used on larger farms, primarily for row crop production; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, and residential uses. It also provides combines that are used in harvesting grain crops; and application equipment, including self-propelled, three- and four-wheeled vehicles and related equipment for use in the application of liquid and dry fertilizers and crop protection chemicals, as well as for after crops emerge from the ground. In addition, the company offers hay tools and forage equipment comprising round and rectangular balers, self-propelled windrowers, disc mowers, spreaders, rakes, tedders, and mower conditioners for harvesting and packaging vegetative feeds used in the beef cattle, dairy, horse, and renewable fuel industries. Further, it provides implements, including disc harrows; leveling seed beds and mixing chemicals with the soils; heavy tillage to break up soil and mix crop residue into topsoil; field cultivators, which prepare smooth seed bed and destroy weeds; drills that are used for small grain seeding; and planters and loaders. Additionally, the company offers grain storage bins and related drying and handling equipment systems, as well as swine and poultry feed storage and delivery, ventilation, and watering systems; egg production systems and broiler production equipment; and replacement parts, as well as produces diesel engines, gears, and generating sets. It markets its products under the Challenger, Fendt, GSI, Massey Ferguson, and Valtra brands through a network of independent dealers and distributors. AGCO Corporation was founded in 1990 and is headquartered in Duluth, Georgia.

Corporate Governance

AGCO Corporation’s ISS Governance QualityScore as of June 2, 2017 is 5. The pillar scores are Audit: 2; Board: 4; Shareholder Rights: 1; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.