Praxair, Inc. has announced that Martin H. Richenhagen, Chairman, President and CEO of AGCO Corporation, has been elected to the Praxair board of directors.
With 2014 net sales of $9.7bn, AGCO is a global leader in the design, manufacture and distribution of agricultural equipment.
It is this experience in the field of manufacturing – and a proven track record in ‘driving productivity, growth and financial discipline’ – that Praxair welcomes to its Board of Directors.
Steve Angel, Praxair’s Chairman and CEO, explained, “Martin is a highly regarded CEO who brings a wealth of global manufacturing and leadership experience to the table, and we are very pleased to welcome him to our board.”
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