AGCO's Gary L. Collar appointed to Hillenbrand board of directors

Gary L. Collar, AGCO Senior Vice President and General Manager of the Asia Pacific region (APAC), was appointed by the Hillenbrand Inc. board of directors to a newly created board seat on May 6, 2015. Headquartered in Batesville, Indiana, USA, Hillenbrand is a global diversified industrial company that makes and sells premium business-to-business products and services for a wide variety of industries.

"I am honored to join Hillenbrand's board of directors," said Mr. Collar. "The company's story of transformation is compelling, and I look forward to working with the talented members of this board and management on advancing the company's strategy." As part of the board, Mr. Collar serves on the Compensation and Management Development Committee as well as the Governance Committee.

"We are very excited to have Gary join our board," stated Joe Loughrey, Chairman of Hillenbrand's board of directors. "He brings strong global industrial expertise as well as a deep sales and marketing background that will benefit the board, the company and our shareholders. Gary also has significant M&A (merger and acquisition) experience that will be valuable as the company continues to execute its growth strategy."

With AGCO, Mr. Collar is a member of the Executive Leadership team. He is currently responsible for all activities within the APAC region, the development of Business, Distribution Structures and Investments in China and at a Corporate level, leads Global Branding and Corporate Marketing. Prior to January 2012, Mr. Collar was Senior Vice President and General Manager of EAME, from 2004 to December 2011. He joined AGCO in 2002 and held the title of Vice President of Market Development, Worldwide for the Challenger Division, through 2003.

Before joining AGCO, Mr. Collar held various senior management positions within several divisions of German-based ZF Friedrichshaven A.G. between 1994 and 2002. His assignments included President and CEO of the company's joint venture producing steering systems for the North American automotive market, and Vice President, Business Development for the automotive group. Prior, he was employed by Caterpillar Incorporated.