Martin Richenhagen
Chairman, President and CEO
AGCO Corporation
Martin Richenhagen, born in 1952 in Cologne, is a retired German-American manager. From 2004 to 2020, he was the CEO of AGCO Corporation. He resides in Duluth, Georgia, USA, and has held U.S. citizenship since 2011.
Richenhagen grew up in a Roman Catholic family with four siblings in the Bruder-Klaus-Siedlung in Cologne-Mülheim. His father was an elementary school teacher. Richenhagen studied theology, philosophy, and Romance studies at the University of Bonn after graduating from the Hölderlin-Gymnasium in Mülheim. Upon completing his studies, he initially worked as a teacher of Catholic religion and French at the Frechen City Gymnasium.
After becoming a tenured studies councilor, he decided to enter the business world on the advice of former BDI President Thumann. From 1985 to 1995, he worked at Hille & Müller Stahl in Düsseldorf, followed by a role as Senior Executive Vice President at Schindler Deutschland Holding GmbH from 1995 to 1998. From 1998 to 2002, he served as Managing Director of CLAAS KGaA mbH, then joined Forbo International SA in Switzerland as a board member from 2003 to 2004, and finally moved to AGCO, where he served as CEO until 2020.
In November 2008, Richenhagen was elected Chairman of the Association of Equipment Manufacturers (AEM), the U.S. trade association for equipment manufacturers. In December 2008, he was appointed Honorary Professor for Management in Agricultural Engineering at TU Dresden.
Richenhagen is married and has three children. He is fluent in German, English, French, and Italian. In September 2017, he was awarded the Federal Cross of Merit 1st Class by German Ambassador Peter Wittig on behalf of the Federal President.