AGCO Appoints Roy Armes and Michael Arnold to Board of Directors
25 Ottobre 2013 - 3:59PM
Business Wire
AGCO, Your Agriculture Company (NYSE:AGCO), a worldwide
manufacturer and distributor of agricultural equipment, announced
today the election of Roy Armes, Chairman, President and CEO of
Cooper Tire and Rubber Company, and Michael Arnold, President and
CEO of Ryerson Inc., to its Board of Directors effective
immediately.
"Roy and Michael both bring extensive leadership experience with
manufacturing companies and will provide an important perspective
and contribution to our board," said Martin Richenhagen, Chairman,
President and CEO of AGCO Corporation. "The addition of their
global manufacturing experience to the collective knowledge of our
Board better positions AGCO for the opportunities facing our
industry."
Mr. Armes joined Cooper Tire and Rubber Company in 2007 as
President and CEO and was appointed Chairman in 2008. Before
joining Cooper Tire and Rubber Company he held a number of
executive positions with Whirlpool Corporation beginning in 1975.
He holds a Bachelor of Science in Mechanical engineering from the
University of Toledo. Mr. Armes also serves on the Board of The
Manitowoc Company.
Mr. Arnold has served as President and CEO of Ryerson, Inc.
since 2011. Prior to joining Ryerson, he spent over 30 years with
The Timken Company in a number of increasingly responsible senior
management positions. He holds an MBA from Akron University and is
a graduate of the Harvard Advanced Management program. Mr. Arnold
also served on the Board of Gardner Denver, Inc.
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 five core machinery brands, Challenger®, Fendt®, Massey
Ferguson®, Valtra® and GSI®, and are distributed globally through
3,150 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 2012, AGCO had net sales
of $10.0 billion. For more information, see
http://www.agcocorp.com
AGCOGreg Peterson, 770-232-8229Director, Investor
Relationsgreg.peterson@agcocorp.com
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