AGCO, a worldwide manufacturer and distributor of agricultural equipment, announced Friday that it received the Corporate Governance Award 2011 for Best Overall Governance, Compliance and Ethics Program. With this award, Corporate Secretary Magazine honors the coordination of governance, compliance, ethics and risk management processes across a corporation.
In announcing AGCO's award, the magazine recognized the company's industry-leading global anti-corruption program.
"We are proud that AGCO's leadership in the areas of governance, compliance and ethics is recognized and honored," said Martin Richenhagen, chairman, president and CEO of AGCO. "We have enhanced our compliance program by increasing our employees' level of understanding and integrating good governance principles throughout the company."
The awards are open to all corporate secretaries, general counsels, governance and compliance officers at companies listed and domiciled in the US. The winners were selected by exhibiting exceptional performance in advancing governance and compliance activities at their companies.
Debra Kuper, vice president, general counsel and corporate secretary, accepted the award on behalf of AGCO during the Corporate Governance Awards 2011 ceremony on Thursday, November 10th.