AGCO Corporation Marks the Retirement of Senior VP Bob Crain After 30-Year Career

On December 10, 2024, AGCO Corporation (NYSE: AGCO), a premier name in agricultural machinery and technology, announced the retirement of Bob Crain, the Senior Vice President and General Manager for the Grain and Protein sector. Bob's career spans over three decades, with nearly 19 years dedicated to AGCO, where he has left an indelible mark on the company and the wider agricultural landscape.

Crain's journey with AGCO began in 2006 when he took on the role of SVP and General Manager for the Americas. His leadership here was characterized by astute profit and loss management and the strategic development of business initiatives across North and South America. For 15 years, he successfully steered the company through various market challenges, proving himself to be a pivotal figure in AGCO's growth in the region.

As a testament to his versatility and insight, Bob transitioned to oversee AGCO's global Customer Experience business area. In this capacity, he introduced groundbreaking initiatives like the Net Promoter Score, fostering a culture where customer feedback is not just welcomed but actively sought. The FarmerCore distribution strategy he championed is a seamless integration of digital and physical elements aimed at enhancing the purchasing journey and the overall ownership experience for customers.

Most recently, as Senior VP and General Manager of Grain & Protein, Crain conducted a thorough strategic review, which ultimately resulted in the divestiture of a significant portion of the Grain & Protein business to American Industrial Partners (AIP) in November 2024. This major move reflects his forward-thinking approach toward business sustainability and adaptability in a fluctuating market.

Bob’s contributions extend beyond AGCO's walls. He is currently a board member of the Association of Equipment Manufacturers (AEM) and has previously held the position of AEM Board Chair, demonstrating his commitment to fostering innovation in the agricultural machinery sector.

Eric Hansotia, AGCO's Chairman, President, and CEO, acknowledged Bob's immense contributions, stating, "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."

Founded in 1990, AGCO Corporation has firmly established itself as a global leader, with a mission to provide sustainable solutions to farmers through state-of-the-art equipment and precision agriculture technology. With brands under its umbrella like Fendt®, Massey Ferguson®, PTx, and Valtra®, AGCO reported approximately $14.4 billion in net sales in 2023.

As Bob Crain embarks on his retirement journey at the end of December 2024, he leaves behind a legacy of resilience, innovation, and deep commitment to the agriculture industry. His profound impact will undoubtedly continue to inspire future leaders in the sector. For more information about AGCO and to follow updates on its ongoing initiatives, please visit www.agcocorp.com.

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