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An announcement from Agco ( (AGCO) ) is now available.
AGCO Corporation announced the retirement of Bob Crain, Senior Vice President and General Manager of Grain & Protein, effective December 31, 2024. Crain, who has been with AGCO since 2006, played a crucial role in various strategic initiatives, including leading profit and loss management across the Americas and overseeing the launch of the global Customer Experience business. His tenure also included a significant strategic review resulting in the divestiture of a majority of the Grain & Protein business to American Industrial Partners in November, reflecting his impactful leadership within the company and the agricultural industry.
More about Agco
AGCO Corporation is a global leader in the design, manufacture, and distribution of agricultural machinery and precision agriculture technology. It offers a comprehensive line of equipment, smart farming solutions, and services under various brands, including Fendt, Massey Ferguson, PTx, and Valtra. Founded in 1990 and based in Duluth, Georgia, AGCO supports sustainable farming practices and had net sales of about $14.4 billion in 2023.
YTD Price Performance: -16.43%
Average Trading Volume: 814,991
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $7.32B
For detailed information about AGCO stock, go to TipRanks’ Stock Analysis page.
