Martin H. Richenhagen was selected by the Board of Directors in March 2004 as President and Chief Executive Officer of AGCO Corporation. He was appointed to Chairman of the Board on August 15, 2006, and continues to serve on the Executive Committee and the Succession Planning Committee.
Previously, Mr. Richenhagen was the Executive Vice President at Forbo International SA, a manufacturing firm, headquartered in Switzerland. He also served as Group President for CLAAS KgaA mbH, a global manufacturer of agricultural equipment, headquartered in Germany. Prior to 1995, Mr. Richenhagen was the Senior Executive Vice President of Field Operations for Schindler Holding GmbH in Germany.
From 2006 through the first quarter of 2007, until its sale to Freeport-McMoRan Copper Gold Inc., Mr. Richenhagen served as a Board member for the Phelps Dodge Corporation on the Audit, Finance and Corporate Governance Committees. He is currently a Board member for PPG Industries, a leading coatings and specialty products and services company, where he is also sitting on the Audit and Technology Environment Committees. Mr. Richenhagen is currently the Chairman of the German American Chambers of Commerce of the U.S. (GACCs), and he is a member of the U.S. Chamber of Commerce Board of Directors. He has served as Chairman of the Board of the Association of Equipment Manufacturers (AEM) and is a Life Honorary Director of AEM.
In the course of two decades, his manufacturing career has covered a wide array of executive positions and managing directorships with responsibility for sales, marketing, human resources management, acquisitions, joint ventures, logistics, materials purchase, inventory management and competitor intelligence.
An international business executive, Mr. Richenhagen is fluent in several languages and has lived overseas for many years. He graduated from the University of Bonn. In December 2008, Mr. Richenhagen was appointed Honorary Professor to the faculty of agricultural machinery at the TU Dresden, Dresden University of Technology (Germany).
AGCO Corporation is an American agricultural equipment manufacturer based in Duluth, Georgia, United States. AGCO offers a line of tractors, combines, hay tools, sprayers, forage and tillage equipment, which are distributed through more than 3,100 independent dealers and distributors in more than 140 countries worldwide.