AGCO, a worldwide manufacturer and distributor of agricultural equipment, announced today the election of Roy Armes, Chairman, President and CEO of Cooper Tire and Rubber Company, and Michael Arnold, President and CEO of Ryerson Inc., to its Board of Directors effective immediately.
"Roy and Michael both bring extensive leadership experience with manufacturing companies and will provide an important perspective and contribution to our board," said Martin Richenhagen, Chairman, President and CEO ofAGCO Corporation. "The addition of their global manufacturing experience to the collective knowledge of our Board better positions AGCO for the opportunities facing our industry."
Mr. Armes joined Cooper Tire and Rubber Company in 2007 as President and CEO and was appointed Chairman in 2008. Before joining Cooper Tire and Rubber Company he held a number of executive positions with Whirlpool Corporation beginning in 1975. He holds a Bachelor of Science in Mechanical engineering from the University of Toledo. Mr. Armes also serves on the Board of The Manitowoc Company.
Mr. Arnold has served as President and CEO of Ryerson, Inc. since 2011. Prior to joining Ryerson, he spent over 30 years with The Timken Company in a number of increasingly responsible senior management positions. He holds an MBA from Akron University and is a graduate of the Harvard Advanced Management program. Mr. Arnold also served on the Board of Gardner Denver, Inc.