Major shareholder seeks big governance change at farm equipment giant AGCO
November 13, 2020 at 08:32 AM EST
India-based Tractors and Farm Equipment Limited (TAFE), which owns a 16% stake in AGCO (NYSE: AGCO), reported Nov. 12 it wants AGCO to separate the role of chairman of the board and CEO "to better fulfill the board’s duty of oversight of the company."