AGCO Corp Board Changes: Two Directors Depart, Two New Ones Elected
Ticker: AGCO · Form: 8-K · Filed: Feb 12, 2025 · CIK: 880266
| Field | Detail |
|---|---|
| Company | Agco Corp /De (AGCO) |
| Form Type | 8-K |
| Filed Date | Feb 12, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-composition, director-changes
TL;DR
AGCO's board is shuffling: Collar & Kent out, Hansen & Johnson in, effective immediately.
AI Summary
AGCO Corporation announced on February 7, 2025, the departure of two directors, Gary L. Collar and E. Robert Kent, effective immediately. The company also announced the election of two new directors, Steven M. Hansen and David E. Johnson, to its Board of Directors, also effective immediately. These changes are part of the company's regular board refreshment process.
Why It Matters
Changes to a company's board of directors can signal shifts in strategy or governance, potentially impacting investor confidence and future decision-making.
Risk Assessment
Risk Level: low — This filing reports routine changes in board composition, which typically carry low immediate risk.
Key Players & Entities
- AGCO Corporation (company) — Registrant
- Gary L. Collar (person) — Departing Director
- E. Robert Kent (person) — Departing Director
- Steven M. Hansen (person) — Newly Elected Director
- David E. Johnson (person) — Newly Elected Director
- Delaware (location) — State of incorporation
- Duluth, Georgia (location) — Principal executive offices
FAQ
Who has departed from AGCO Corporation's Board of Directors?
Gary L. Collar and E. Robert Kent have departed from AGCO Corporation's Board of Directors.
When were the director changes effective?
The changes, including the departure of Gary L. Collar and E. Robert Kent and the election of Steven M. Hansen and David E. Johnson, were effective immediately as of February 7, 2025.
Who are the newly elected directors at AGCO Corporation?
Steven M. Hansen and David E. Johnson have been elected as new directors to AGCO Corporation's Board of Directors.
What is AGCO Corporation's state of incorporation?
AGCO Corporation is incorporated in Delaware.
What is the principal executive office address for AGCO Corporation?
The principal executive offices of AGCO Corporation are located at 4205 River Green Parkway, Duluth, Georgia 30096.
Filing Stats: 627 words · 3 min read · ~2 pages · Grade level 11.7 · Accepted 2025-02-12 16:40:11
Filing Documents
- agco-20250207.htm (8-K) — 25KB
- ex991-pressrelease.htm (EX-99.1) — 4KB
- ex991-pressrelease001.jpg (GRAPHIC) — 225KB
- ex991-pressrelease002.jpg (GRAPHIC) — 43KB
- 0000880266-25-000006.txt ( ) — 520KB
- agco-20250207.xsd (EX-101.SCH) — 2KB
- agco-20250207_lab.xml (EX-101.LAB) — 21KB
- agco-20250207_pre.xml (EX-101.PRE) — 12KB
- agco-20250207_htm.xml (XML) — 3KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release dated February 12, 2025 104 Cover Page Interactive Data File - the cover page from this current report on Form 8-K is formatted in Inline XBRL.
SIGNATURES
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/ Damon Audia Damon Audia Senior Vice President and Chief Financial Officer Dated: February 12, 2025