AGCO Announces Retirement of Mr. Bob Crain, Senior Vice President

AGCO Corporation announces the retirement of Senior Vice President Mr. Bob Crain, after nearly 19 years with the company and over 30 years in the agricultural equipment industry.

Duluth, Georgia - AGCO Corporation., an agricultural machinery manufacturer, has announced Mr. Bob Crain, Senior Vice President and General Manager of Grain & Protein, will retire at the end of December 2024, following nearly 19 years of service and over 30 years in the agricultural equipment industry.

Mr. Eric Hansotia, Chairman, President and Chief Executive Officer at AGCO Corporation, said, "Bob has been an invaluable asset not only to AGCO and our legacy but also to the broader agriculture industry. 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."

Bob Crain joined AGCO in 2006 as SVP and General Manager for the Americas, where he managed profit and loss and developed business strategies across North and South America. After 15 years in this role, he transitioned to lead AGCO's global Customer Experience business, introducing initiatives like the Net Promoter Score and the Farmer Core distribution strategy, which integrated digital and physical elements throughout the purchasing and ownership journey.

Most recently, Crain served as SVP and General Manager of Grain & Protein, leading a strategic review that resulted in the divestiture of the majority of the business to American Industrial Partners (AIP) in November. Beyond AGCO, Crain serves on the Board of the Association of Equipment Manufacturers (AEM) and has previously held the role of AEM Board Chair.