Praxair elects AGCO chief executive its board directors

Praxair elects AGCO chief executive to its board of directors

12:05 PM, 29th October 2015
Praxair elects AGCO chief executive to its board of directors
Martin Richenhagen, chairman, president and CEO, AGCO Corp. (File photo)

DANBURY, US: Praxair Inc said that Martin Richenhagen, chairman, president and CEO of AGCO Corp has been elected to the Praxair board of directors.

With 2014 net sales of $9.7 billion, AGCO is a global leader in the design, manufacture and distribution of agricultural equipment.

He is also a board member for PPG Industries, where he sits on the audit and the technology & environment committees.

“Martin is a highly regarded CEO who brings a wealth of global manufacturing and leadership experience to the table,” said Steve Angel, Praxair’s chairman and CEO.

“Over the past two decades, Martin has held a variety of key executive roles in the manufacturing industry and has a successful track record in driving productivity, growth and financial discipline.”

Richenhagen was named president and chief executive officer of AGCO in 2004 and was appointed chairman in 2006, where he continues to serve on the executive committee and succession planning committee. Previously, Richenhagen served as executive vice president at Forbo International SA. He also served as group president for CLAAS KgaA mbH.

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