DULUTH,
Ga., Dec. 10, 2024 /PRNewswire/ -- AGCO
Corporation (NYSE: AGCO), a global leader in the design,
manufacture and distribution of agricultural machinery and
precision ag technology, today announced Bob Crain, Senior Vice President (SVP) and
General Manager, Grain & Protein, will retire at the end of
December 2024 after nearly 19 years
of dedicated service to AGCO and more than 30 years' experience in
the agricultural equipment business.
"Bob has been an invaluable asset not only to AGCO and our
legacy but also to the broader agriculture industry," said
Eric Hansotia, AGCO's Chairman,
President and Chief Executive Officer. "His exceptional ability to
revitalize businesses, develop teams and advocate for our dealers
and farmers around the world is highly appreciated. We wish him all
the best in his retirement."
Crain joined AGCO in 2006 as SVP and General Manager, Americas,
where he led profit and loss management and the development of
business strategies across North and South America. After 15 years in this role,
Bob transitioned to oversee the launch of AGCO's global Customer
Experience business area. His efforts in this role included the
introduction of AGCO's Net Promoter Score and the FarmerCore
distribution strategy, a transformative initiative integrating
digital and physical elements across the purchasing journey and
ownership lifecycle.
Most recently, Crain served as SVP and General Manager, Grain
& Protein, where he oversaw a strategic review of the business.
This review culminated in the divestiture of a majority of the
Grain & Protein business to American Industrial Partners (AIP)
in November.
His leadership extends beyond AGCO as he currently serves on the
Board of the Association of Equipment Manufacturers (AEM) and
previously served as AEM Board Chair.
About AGCO
AGCO (NYSE: AGCO) is a global leader in the design, manufacture and
distribution of agricultural machinery and precision ag technology.
AGCO delivers value to farmers and OEM customers through its
differentiated brand portfolio, including leading brands
Fendt®, Massey
Ferguson®, PTx and Valtra®. AGCO's
full line of equipment, smart farming solutions and services helps
farmers sustainably feed our world. Founded in 1990 and
headquartered in Duluth, Georgia,
USA, AGCO had net sales of approximately $14.4 billion in 2023. For more
information, visit www.agcocorp.com.
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SOURCE AGCO Corporation