AGCO Management
Management criteria checks 2/4
AGCO's CEO is Eric Hansotia, appointed in Jan 2021, has a tenure of 3.92 years. total yearly compensation is $17.27M, comprised of 7.6% salary and 92.4% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth €13.46M. The average tenure of the management team and the board of directors is 4.4 years and 5 years respectively.
Key information
Eric Hansotia
Chief executive officer
US$17.3m
Total compensation
| CEO salary percentage | 7.6% |
| CEO tenure | 3.9yrs |
| CEO ownership | 0.2% |
| Management average tenure | 4.4yrs |
| Board average tenure | 5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$170m |
| Jun 30 2024 | n/a | n/a | US$421m |
| Mar 31 2024 | n/a | n/a | US$1b |
| Dec 31 2023 | US$17m | US$1m | US$1b |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$1b |
| Mar 31 2023 | n/a | n/a | US$970m |
| Dec 31 2022 | US$13m | US$1m | US$890m |
| Sep 30 2022 | n/a | n/a | US$850m |
| Jun 30 2022 | n/a | n/a | US$793m |
| Mar 31 2022 | n/a | n/a | US$898m |
| Dec 31 2021 | US$11m | US$1m | US$897m |
| Sep 30 2021 | n/a | n/a | US$750m |
| Jun 30 2021 | n/a | n/a | US$726m |
| Mar 31 2021 | n/a | n/a | US$513m |
| Dec 31 2020 | US$4m | US$727k | US$427m |
| Sep 30 2020 | n/a | n/a | US$203m |
| Jun 30 2020 | n/a | n/a | US$54m |
| Mar 31 2020 | n/a | n/a | US$125m |
| Dec 31 2019 | US$4m | US$711k | US$125m |
| Sep 30 2019 | n/a | n/a | US$312m |
| Jun 30 2019 | n/a | n/a | US$376m |
| Mar 31 2019 | n/a | n/a | US$326m |
| Dec 31 2018 | US$2m | US$490k | US$286m |
| Sep 30 2018 | n/a | n/a | US$231m |
| Jun 30 2018 | n/a | n/a | US$221m |
| Mar 31 2018 | n/a | n/a | US$221m |
| Dec 31 2017 | US$2m | US$457k | US$186m |
Compensation vs Market: Eric's total compensation ($USD17.27M) is above average for companies of similar size in the German market ($USD3.35M).
Compensation vs Earnings: Eric's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Eric Hansotia (55 yo)
3.9yrs
Tenure
US$17,271,266
Compensation
Mr. Eric P. Hansotia has been Independent Director at The Toro Company since March 15, 2022. Mr. Hansotia has been Chairman, President and Chief Executive Officer at AGCO Corporation since January 1, 2021....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 3.9yrs | US$17.27m | 0.20% € 13.5m | |
| Senior VP & CFO | 2.4yrs | US$3.43m | 0.017% € 1.1m | |
| Senior VP and GM of Grain & Protein | 18.9yrs | US$3.72m | 0.046% € 3.1m | |
| Senior VP & GM of Massey Ferguson | 5.9yrs | US$2.49m | 0.024% € 1.6m | |
| Senior VP & GM of Fendt/Valtra | 4.9yrs | US$2.85m | 0.038% € 2.6m | |
| Chief Accounting Officer | less than a year | no data | no data | |
| Senior VP & Chief Digital and Information Officer | less than a year | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Senior VP | 11.5yrs | no data | no data | |
| Global Corporate Communications Manager | no data | no data | no data | |
| Senior VP & Chief Human Resources Officer | 3.6yrs | no data | 0.013% € 860.7k | |
| Senior Vice President of Customer Success & Business Effectiveness | 4.9yrs | no data | 0.028% € 1.9m |
4.4yrs
Average Tenure
55yo
Average Age
Experienced Management: AGJ's management team is considered experienced (4.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 4.3yrs | US$17.27m | 0.20% € 13.5m | |
| Lead Independent Director | 11.2yrs | US$340.00k | 0.027% € 1.9m | |
| Independent Director | 16.9yrs | US$306.00k | 0.031% € 2.1m | |
| Independent Director | 7.7yrs | US$305.00k | 0.014% € 952.2k | |
| Director | 13.4yrs | US$285.00k | 0.032% € 2.2m | |
| Independent Director | 5.7yrs | US$316.00k | 0.012% € 809.8k | |
| Independent Director | 2.8yrs | US$285.00k | 0.0056% € 382.2k | |
| Independent Director | 3.2yrs | US$285.00k | 0.0046% € 308.4k | |
| Independent Director | 3.9yrs | US$285.00k | 0.0070% € 474.4k | |
| Independent Director | 3.9yrs | US$300.00k | 0.015% € 1.0m |
5.0yrs
Average Tenure
61yo
Average Age
Experienced Board: AGJ's board of directors are considered experienced (5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 14:14 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
AGCO Corporation is covered by 40 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mircea Dobre | Baird |
| Adam Seiden | Barclays |
| Meredith Taylor | Barclays |