AGCO Corporation (NYSE:AGCO), Your Agriculture Company, a worldwide distributor and manufacturer of agricultural equipment, today announced that it has been nominated for best overall governance, compliance and ethics program by the Corporate Secretary Magazine Awards 2009 Committee. In addition, AGCO’s Corporate Secretary, Debra Kuper, has been nominated for the magazine’s Corporate Secretary of the Year.
“AGCO is a leader both within our industry and across other business sectors in the area of overall governance, compliance and ethics program,” said Martin Richenhagen, Chairman, President and CEO. “Every day, over 15,000 AGCO employees come to work with the shared goal of doing a good job in a manner that is ethical. I am very proud of each employee for their commitment,” said Richenhagen.
The awards are open to all corporate secretaries, general counsel, governance and compliance officers at any company listed and domiciled in the US. The nominees were selected by exhibiting exceptional performance in advancing governance and compliance activities at their company. The winners will be announced on November 3. The Corporate Secretary Magazine Awards will be judged by a panel of governance and compliance experts from all sides of the governance arena.
“Debra has worked hard to raise the visibility of overall governance, compliance and ethics programs globally at AGCO. Her work includes reaching out to each employee with a new version of the AGCO Code of Conduct,” said Richenhagen.
Debra Kuper was appointed Vice President, General Counsel and Corporate Secretary for AGCO in May 2008. She has overall responsibility for the Company's legal matters, including the ethics and compliance program, litigation, regulatory and securities filings.
Also as recognition of AGCO’s ongoing commitment to corporate governance, AGENDA.com showcased AGCO in their October 12th article as one of only a handful of companies that follow a recent Conference Board recommendation to appoint a standing committee to address succession planning. The AGCO Board’s permanent succession planning committee works to ensure a continued source of capable, experienced managers to support the company’s future success.
AGCO, Your Agriculture Company, (NYSE: AGCO) was founded in 1990 and offers a full product line of tractors, combines, hay tools, sprayers, forage, tillage equipment, implements, and related replacement parts. AGCO agricultural products are sold under the core brands of Challenger®, Fendt®, Massey Ferguson® and Valtra®, and are distributed globally through more than 2,800 independent dealers and distributors, in more than 140 countries worldwide. AGCO provides retail financing through AGCO Finance. AGCO is headquartered in Duluth, Georgia, USA. In 2008, AGCO had net sales of $8.4 billion. Please visit our website at www.AGCOcorp.com.
Nancy Klentak, 770-232-8209
Manager, Global Corporate Communications
Greg Peterson, 770-232-8229
Director, Investor Relations