8-K

AGCO CORP /DE (AGCO)

8-K 2020-12-14 For: 2020-12-11
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Added on April 07, 2026

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

December 11, 2020

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

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.

The Board of Directors of the Company elected Bob De Lange as a member of its Board of Directors, effective January 1, 2021. His initial term will expire at the 2021 Annual Meeting of Stockholders. A press release announcing this election is attached hereto as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No. Description
99.1 Press release dated December 14, 2020.
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<br>Senior Vice President and<br>Chief Financial Officer

Dated: December 14, 2020

Document

Exhibit 99.1

image_01a.jpg

NEWS RELEASE

www.agcocorp.com

For Immediate Release

CONTACT:

Greg Peterson

Vice President, Investor Relations

(770) 232-8229

greg.peterson@agcocorp.com

AGCO APPOINTS BOB DE LANGE TO BOARD OF DIRECTORS

DULUTH, GA – December 14, 2020 – AGCO, Your Agriculture Company, (NYSE:AGCO), a worldwide manufacturer and distributor of agricultural equipment, announced today the election of Bob De Lange to its Board of Directors effective January 1, 2021. “We are delighted to have Bob join our Board of Directors,” said Martin Richenhagen, Chairman, President and CEO of AGCO Corporation. “He brings extensive digitalization and distribution experience, while having leadership roles in the U.S and internationally. His experience will provide an important perspective and contribution to our board.”

Mr. De Lange, who is 51, is the Group President, Services, Distribution and Digital, at Caterpillar Corporation, the world's largest construction equipment manufacturer. Mr. De Lange joined Caterpillar in 1993 and has served in various leadership capacities. In his current role, he is responsible for management of the Caterpillar brand and distribution network. His dealer management role includes both relationship management as well as development of dealer capability and productivity. Previously, Mr. De Lange served as Caterpillar’s Group President of Construction Industries, responsible for managing an approximately $20 billion business producing highly engineered, capital intensive products, such as backhoes, excavators, loaders and tractors. His global experience includes world-wide product management responsibilities with work assignments in Europe and Asia. Mr. De Lange earned his Bachelor of Science degree, as well as his Master of Science degree in Mechanical Engineering from the Catholic University of Leuven in Belgium in 1992. He also received his Master of Business Administration from the EDHEC University in France in 1993.

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 $9.0 billion in 2019. 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.

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Please visit our website at www.agcocorp.com