AGCO Appoints Lucinda B. Smith as Senior Vice President, Human Resources.DULUTH, Ga. -- AGCO AGCO Alcohol and Gaming Commission of Ontario AGCO Anderson, Greenwood, & Company AGCO After Google Check-Out , Your Agriculture Company, (NYSE NYSE See: New York Stock Exchange : AG), a worldwide manufacturer and distributor of agriculture equipment, today announced that effective January 1, 2009, Lucinda Smith, former AGCO Vice President, Global Talent Management & Rewards, has been appointed Senior Vice President, Human Resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. . Smith will assume all responsibilities associated with that position, including functional management of all HR organizations worldwide, interface to the Board of Director's Compensation and Succession Planning Management Succession Planning In organizational development, succession planning is the process of identifying and preparing suitable employees through mentoring, training and job rotation, to replace key players — such as the chief executive officer (CEO) — Committees, and serve as an Officer of the Company. "Lucinda is well qualified to lead the continued implementation of our human resource strategy," said Martin Richenhagen, Chairman, President and Chief Executive Officer. "Lucinda's appointment demonstrates the value of our Senior Staff Succession Plan. She will do an excellent job helping to grow and develop AGCO's key resources, our employees and our organization." Lucinda joined AGCO in October 2006 as Director, Organizational Development & Compensation. She has been a leader in the implementation of AGCO University, Global Rewards and Performance Management initiatives. Prior to AGCO, Lucinda was Global Director of Human Resources at AJC AJC Atlanta Journal & Constitution AJC American Jewish Committee AJC Arabian Jockey Club AJC American Jewish Congress AJC Australian Jockey Club (Sydney, Australia) AJC Anderson Junior College (Singapore) International, Inc. and before that she held various domestic and international human resource management positions at Lend Lease Corporation This article is about the company. For the World War II program, see Lend-Lease. Lend Lease Corporation Limited is an Australian-based multinational property management and investment company. , Cendian Corporation and Georgia-Pacific Corporation. Norm Boyd, formerly Senior Vice President, Human Resources, has assumed AGCO's newly created position of Senior Vice President, Executive Development. Boyd remains an Officer of the Company, reporting directly to Martin Richenhagen, Chairman, President and Chief Executive Officer. ABOUT AGCO AGCO, Your Agriculture Company, (NYSE: AG) 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[R], Fendt[R], Massey Ferguson[R] and Valtra[R], and are distributed globally through more than 3,000 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 2007, AGCO had net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight of $6.8 billion. Please visit our website at www.AGCOcorp.com. |
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