INVEST
in the FUTURE OF
AGRICULTURE

AGCO strives to identify and invest in innovative and disruptive solutions that have the potential to move global agriculture forward.

Speakers at AGCO iVenture Summit

Adam Anders

Managing Partner, Anterra Capital

Adam is the Managing Partner and co-founder of Anterra Capital, an independent growth capital fund that invests in companies that are transforming the safety, security and sustainability of global food. Anterra was founded in 2013 as a spin-out from Rabobank, a global leader in food & agriculture financing. The fund is backed by Rabobank and Fidelity International. Adam has over 15 years of private equity and venture capital experience. Earlier in his career Adam worked with the buyout firm Ironbridge Capital and as a management consultant with Bain & Co. He grew up in rural South Australia where his interest in food and agriculture innovation was initiated. Adam is passionate about improving our food and agriculture system.

Adam holds an MBA degree from Cambridge University, England and a Bachelors Degree in Law and a Bachelors Degree in Commerce from the University of Adelaide, Australia.

David Batcheller

President and COO, Appareo

David graduated from the University of Minnesota and has spent the last fifteen years growing Appareo from its inception to more than 200 employees and 100 engineers. During Appareo’s growth, the business has been named INC magazine’s fastest growing engineering company in America, received three AE50 awards for agricultural innovations, been the first business to field iPad-bsaed control systems in agriculture with Vaderstad, and had the great privilege to introduce new sensing technology with AGCO on the Ideal combine.

David became the President & CEO of Appareo in 2017, having previously served as President and COO. He resides in Fargo with his wife and three daughters.

Thomas Herlitzius

Head of the Professorship Agricultural Systems and Technology,
Technische Universität Dresden

Thomas Herlitzius, born in 1961 in Freiberg is Director of the of Institute for Natural Material Technology at Technische Universität Dresden and is heading the chair Agricultural Systems and Technology since 2007. He was born in Freiberg, Germany, grew up in Dresden and is married to Elke and father of four children. After learning on a farm for three years and a three-year military service he studied Mechanical Engineering with a major in Design of agricultural machinery at the Technische Universität Dresden and graduated with Diploma Engineer in Mechanical Engineering (Master ME) in 1988. Until 1992 Thomas was working as a Scientific Research Engineer for agricultural machines at the TU Dresden and received his PhD in 1995. He began his industrial career in 1992 joining John Deere Works at Zweibrücken as a Design Engineer followed by a two and a half year period at Harvester Works in Moline, Illinois starting 1997. Back at Zweibrücken he held positions as team leader and project implementation manager at the Combine Engineering department and became Manager Combine Engineering in 2005.

Michael Horsch

Founder, HORSCH Maschinen GmbH

Michael Horsch, born in 1959, is the founder of the HORSCH Maschinen GmbH. He is married to Cornelia and father of four children. He is the eldest of six siblings and went to the USA in 1979 after his journeyman‘s examination to have his own farm over there one day. Instead, in 1984 he founded the HORSCH Maschinen GmbH together with Dankwart Horsch and his uncle Walter Horsch.

As of 1990 the company grew progressively and the company‘s rate of return also increased significantly. Today HORSCH still is one of the fastest growing short line farm machinery manufacturers in the world. Even in the downturn between 2013 and 2016 HORSCH grew by over 30 %. There are three factories in Germany, one in USA, one in Russia, one in Brasil and one in China.

Together with his brothers Michael Horsch is still running several farms. There is also one research farm in the Czech Republic, AgroVation, where visitors are invited to see what HORSCH is developing for the future.

Christoph Keese

CEO, Axel Springer hy

Christoph Keese is CEO of hy - the Axel Springer ecosystem firm. Until recently, he was EVP of Axel Springer SE, responsible for the digital transformation of the company.

Since the invention of the World Wide Web, he has worked intensively with the digital economy, has worked out corporate strategies and has taken the interests of the publisher towards platforms. With a team of Axel Springer executives, Keese spent three months in Palo Alto to explore new investment opportunities for the company.

Bernard Krone

Managing Director and Owner, Bernard Krone Holding SE & Co. KG

Bernard Krone studied industrial management and engineering he made an apprenticeship as industrial mechanic. He has been active in the family business since 2007; after various individual projects, such as at the Krone manufacturing plants in Hvam and Lübtheen, he became a member of the Management Board of the Krone Holding, the Commercial Vehicle Group (Werlte) and the Agricultural Machinery Factory (Spelle). In August 2010 he officially took over the management of the entire Krone Group from his father, Dr.-Ing. E.h. Bernard Krone.

After the new organisational structure of the Krone Commercial Vehicle Group in 2015 Bernard Krone stepped up to the administrative board.

Klaus Josef Lutz

Chief Executive Officer, BayWa AG

Professor Klaus Josef Lutz has been the CEO of BayWa AG since 2008 and is responsible for Internationalisation, Risk Management, HR, Corporate Business Development, Marketing, PR/ Corporate Communications, Internal Audit, the International Agriculture Division and the Fruit Division.

Born in Munich, Klaus Josef Lutz studied law at the Ludwig-Maximilians-University in Munich. He began his career as a lawyer but soon assumed leading positions in various industries, in the course of which he acquired extensive expertise in restructuring and developing companies.

Among others, Lutz held positions as Managing Director of Digital Equipment GmbH, CEO of DITEC Informationstechnologie AG, CEO of Burda Druck GmbH, and CEO of i-center Beteiligungen AG. Immediately prior to becoming CEO of BayWa AG, Lutz was Managing Director of Süddeutscher Verlag GmbH, one of Germany’s largest media groups.

Lutz has served as CEO and Chairman of the Executive Board of BayWa AG since July 2008. BayWa is a trading and services group with international operations. Its core businesses are agriculture, building materials and energy, with a special focus on renewable energies.

Furthermore, Klaus Josef Lutz holds positions in the Supervisory Boards of many listed corporations and private companies, including Euro Pool System International, Rijswijk/ Netherlands (Chairman), WHG mbH, Klagenfurt/ Austria (Chairman), T&G Global Ltd., Auckland/ New Zealand (Chairman), RWA AG, Vienna/ Austria (Member) and Giesecke & Devrient GmbH, Munich (Chairman).

In 2013, Lutz was named Honorary Professor by the Technical University Munich for the Faculty Managerial Economics of Co-operative Societies.

Berry Marttin

Member of the Managing Board, Rabobank

Berry Marttin joined Rabobank as a management trainee after earning his degree in Business Administration in his native Brazil. Over the course of his career at Rabobank he has gained extensive experience as a banker in both the Wholesale and Rural & Retail Banking business worldwide.

Before joining the Executive Board in 2009, Berry Marttin moved to the Netherlands in 2004 to become Chairman of the Board of Directors of Rabobank Amsterdam.

His principal other activities outside Rabobank include serving as a Member of the Supervisory Board of Wageningen University & Research centre, Member of the Supervisory Board of IDH (Sustainable Trade Initiative), Member of the Dutch Trade and Investment Board and Member of the Global Agenda Council on Food & Nutrition Security of World Economic Forum.

Adrian Percy

Head of Research & Development, Crop Science – a division of Bayer

Adrian Percy joined the Executive Committee of the Division Crop Science on August 1, 2014 as Head of Research & Development.

Adrian Percy was born in Hertford, United Kingdom. He grew up and studied in the United Kingdom, earning a Bachelor’s degree in Pharmacology at the University of Liverpool, a Master's degree in Toxicology and then a doctorate in Biochemistry at the University of Birmingham.

He began his career in 1991 as a toxicologist with Rhone-Poulenc Agrochimie based in France. Since then, he has held numerous positions in the Research and Development departments of the Crop Science division of Bayer and its legacy companies in France, Germany and the USA. These include leading crop protection development activities in North America and, most recently, regulatory affairs activities across the Crop Science technology platforms, including Seeds & Traits, Crop Protection and Environmental Science.

Adrian is also a member of the Research and Development Executive Committee of Bayer and a Member of the Board of Trustees for the Bayer Science & Education Foundation.

Adrian is married and has two children.

Martin Richenhagen

Chairman, President and CEO, AGCO

Martin H. Richenhagen was selected by the Board of Directors in March 2004 as President and Chief Executive Officer of AGCO Corporation. He was appointed to Chairman of the Board on August 15, 2006, and continues to serve on the Executive Committee and the Succession Planning Committee.

Previously, Mr. Richenhagen was the Executive Vice President at Forbo International SA, a manufacturing firm, headquartered in Switzerland. He also served as Group President for CLAAS KgaA mbH, a global manufacturer of agricultural equipment, headquartered in Germany. Prior to 1995, Mr. Richenhagen was the Senior Executive Vice President of Field Operations for Schindler Holding GmbH in Germany.

From 2006 through the first quarter of 2007, until its sale to Freeport-McMoRan Copper & Gold Inc., Richenhagen served as a Board member for the Phelps Dodge Corporation on the Audit, Finance and Corporate Governance Committees. He is currently on the Board of Directors for PPG Industries, a leading coatings and specialty products and services company, where he chairs the Audit Committee and sits on the Officers & Directors Compensation Committee. Mr. Richenhagen is also on the Board of Directors of Praxair, a leading industrial gases company, where he sits on the Finance & Pension Committee and Governance & Nominating Committee. Mr. Richenhagen is a member of the U.S. Chamber of Commerce Board of Directors as well as the President's ‘Advisory Council on Doing Business in Africa’. He is the immediate past Chairman of the German American Chambers of Commerce of the U.S. (GACCs). He has served as Chairman of the Board of the Association of Equipment Manufacturers (AEM) and is a Life Honorary Director of AEM.

In the course of two decades, his manufacturing career has covered a wide array of executive positions and managing directorships with responsibility for sales, marketing, human resources management, acquisitions, joint ventures, logistics, materials purchase, inventory management and competitor intelligence.

An international business executive, Mr. Richenhagen is fluent in several languages and has lived overseas for many years. He graduated from the University of Bonn. In 2008, Mr. Richenhagen was appointed Honorary Professor to the faculty of agricultural machinery at the TU Dresden, Dresden University of Technology (Germany) and in 2016, he received an honorary PhD from Szent István University in Gödöllő, (Hungary).

Rob Smith

SVP & General Manager, Europe and Middle East, AGCO Corporation

Dr. Rob Smith is Senior Vice President and General Manager, Europe and Middle East. In this role, Dr. Smith is responsible for reinforcing AGCO’s leading market position in Europe and further expanding the company’s business in Eastern Europe and Middle East. In particular, he leads AGCO’s efforts in developing the market of Russia where AGCO sees significant growth potential in the agricultural equipment sector. Dr. Smith and his team are also responsible for improving AGCO’s distribution coverage and local manufacturing presence to leverage this immense growth potential. In addition, he is responsible for AGCO’s global parts business.

Dr. Smith has extensive international management experience and most recently was the Vice President & General Manager of the global Engine Components Division for TRW Automotive – one of the world’s largest automotive suppliers. He also was the Chairman of the Supervisory Board of TRW Automotive GmbH. Prior to this, Dr. Smith served as Vice President of the Global Automotive Division at Tyco Electronics, and Vice President & General Manager of the Aftermarket Parts and Material Repair and Overhaul business at Bombardier Transportation. Prior to 2001 he worked in various operations and supply chain roles in the global automotive industry with LucasVarity PLC, Lucas Industries PLC and BMW. Dr. Smith began his career as a Combat Engineer Officer in the United States Army.

Dr. Smith earned his Bachelor of Science in Engineering from Princeton University followed by an MBA from the University of Texas at Austin Graduate School of Business. He received German Diplom-Kaufmann and Doctoral degrees in International Operations Management from the WHU – Graduate School of Management in Koblenz, Germany. Dr. Smith is a member of the American Chamber of Commerce Board of Directors in Germany and represents AGCO as Vice President in the AmCham Germany Executive Committee. In addition, Dr. Smith is a member of the Board of Directors for FLSmidth & Co A/S, a publicly traded Danish leading supplier of equipment and services to the global minerals and cement industries, and serves as the Chairman of the FLSmidth Board’s Technology Committee.

Ulrich Stockheim, Moderator

Chief Communications Officer, AGCO Corporation

Ulrich Stockheim is Chief Communications Officer with AGCO Corporation and is responsible for all of the company's global communication initiatives. He was appointed to this position in March 2015 and is responsible for addressing all of AGCO's relevant corporate communication stakeholders that includes the press and media, employees, investors, political and non-government organizations.

A trained financial and economic journalist, Mr. Stockheim has been an external professional advisor to AGCO since 2006. As a managing partner of the communications consultancy PR firm Instinctif Partners, he supported AGCO and its Chairman, President and CEO in corporate media work for several years. Prior to his role with Instinctif Partners and its predecessor Stockheim Media, which he founded, he held a managing director position with a publisher in Germany and was an accomplished bureau chief, journalist and author focused on Wall Street.

Mr. Stockheim holds a diploma in economics and political science from the University of Cologne/Germany, having received a scholarship for journalism from the prestigious Konrad-Adenauer-Foundation.