In 2020, Martin Richenhagen earned $5.05M in total compensation at AGCO, including $1.39M salary and $3.51M bonus. Most recently sold 145,806 shares in Nov 2020. Currently holds stock worth $100.60M. Has donated $13.01M in stock to charitable causes. Led AGCO as CEO for 14 years.
Compensation History
Annual executive compensation data for Martin Richenhagen, including salary, bonuses, and stock awards.
Year
2020
Total Compensation
$5.05M
Salary
$1.39M
Bonus
$3.51M
Other
$159.02K
Salary
$1.39MBoard Justification
The compensation philosophy is designed to align executive compensation with company performance and shareholder interests, emphasizing pay for performance and competitive market positioning.
Bonus
$3.51MBoard Justification
Annual incentive awards for 2020 paid out at 253% of target based on performance metrics including adjusted operating margin and free cash flow.
Other Compensation
$159.02KBoard Justification
Includes club membership dues, life insurance, and car lease payments.
Restricted Stock
Board Justification
No stock awards vested in 2020 due to proration of vesting through retirement date.
Performance Metrics
Performance metrics included adjusted operating margin as a percentage of net sales and free cash flow.
Martin Richenhagen
Ex-CEO of AGCO
Education
Master's degree in Business Administration from the University of Göttingen.
Field of Expertise
Agriculture & Food - Agriculture
Sector of Economy
Industrials
Born
May 28, 1954 - 71 years ago
CEO of AGCO for
14 years 11 months (Jan 2006 - Dec 2020)
Previous Experience
President and CEO of AGCO Corporation since 2006. Prior to that, he held various positions at AGCO and in the agricultural industry.
Other AGCO CEOs
Holdings
Track Martin Richenhagen's stock holdings and portfolio value over time.
Total Stock Sold
$67.92M
$67.92M
849,467 AGCO shares
What if they kept their stock?
If Martin Richenhagen didn't sell their stock, today they would have:
Extra AGCO849,467 shares worth $89.41M.
This is 31.64% and $21.49M more than what they got when they sold the stock.
Charitable Transactions
123,584 shares
AGCO
Recent Charitable Transactions
123,584 shares
AGCO
Dec 27, 2012
Charity
Insider Trading
Martin Richenhagen's recent stock transactions, purchases, and sales filed with the SEC.
$13.47M
AGCO at $92.41/share
Nov 19, 2020
Sale
$27.06M
AGCO at $93.68/share
Nov 17, 2020
Sale
134,095 shares
AGCO
Nov 6, 2020
Charity
118,985 shares
AGCO
Feb 10, 2020
Received
17,850 shares
AGCO
Jan 22, 2020
Received
$3.47M
AGCO at $77.14/share
Jul 15, 2019
Sale
$3.65M
AGCO at $71.60/share
Jun 13, 2019
Sale
$3.59M
AGCO at $70.43/share
May 13, 2019
Sale
$3.65M
AGCO at $71.47/share
Apr 15, 2019
Sale
Rivals
Compare Martin Richenhagen with competitor CEOs and industry peers.
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