AGCO Appoints James C. Collins, Jr. to its Board of Directors

Core Viewpoint - AGCO has appointed James C. Collins, Jr. to its Board of Directors, effective April 1, 2026, bringing extensive leadership experience in the agriculture and food value chain, which aligns with AGCO's Farmer-First strategy and vision for smart farming solutions [1]. Group 1: Appointment Details - James C. Collins, Jr. has nearly four decades of leadership experience and a strong track record in driving innovation and sustainable outcomes in agriculture [1]. - Collins previously served as CEO of Corteva Agriscience and held senior roles at DuPont, including Chief Operating Officer of DowDuPont's Agriculture Division [1]. - His experience includes developing DuPont's biobased industrials strategy and overseeing significant acquisitions and product launches [1]. Group 2: Contributions and Changes - AGCO's Chairman, President, and CEO, Eric Hansotia, emphasized that Collins' experience will be a tremendous asset to AGCO [1]. - Matthew Tsien has decided not to stand for re-election at the upcoming annual meeting, with Hansotia expressing gratitude for Tsien's contributions to the Board [1]. Group 3: Company Overview - AGCO is a global leader in agricultural machinery and precision agriculture technologies, driven by a Farmer-First strategy [1]. - The company offers high-performance equipment and smart farming solutions, including autonomous offerings, to enhance productivity and sustainability in agriculture [1].