AGCO Restructures Executive Leadership Team
Key Highlights
- ➤AGCO reduces executive leadership team by one member through organizational consolidation
- ➤Stefan Caspari named SVP and General Manager, Fendt/Valtra & Product Management
- ➤Torsten Dehner steps down October 5, 2026, remains to support transition
- ➤Luis Felli adds global Aftersales, Parts and Customer Support responsibilities
- ➤Damon Audia adds Global Distribution Management responsibility as President, PTx, Corporate Strategy & Distribution
Expert Statements
Eric Hansotia, Chairman, President & CEO of AGCO
“Stefan is a proven commercial leader with deep experience across farmers, dealers and regional execution”
Eric Hansotia, Chairman, President & CEO of AGCO
“He has strengthened our North American ag business in one of AGCO's most important markets, and he brings the commercial discipline, Farmer-First focus and market insight needed to lead Fendt™ and Valtra™ through their next phase of growth.”
Eric Hansotia, Chairman, President & CEO of AGCO
“I also want to thank Torsten for his contributions over many years and his passionate leadership.”
Eric Hansotia, Chairman, President & CEO of AGCO
“He has played an important role strengthening AGCO's Fendt and Valtra brands, building the teams and capabilities behind them, contributing valuably to their position in the market and helping advance our AI transformation.”
Eric Hansotia, Chairman, President & CEO of AGCO
“We wish him well in the future.”
Consolidation of key functions streamlines structure; Stefan Caspari appointed to lead Fendt/Valtra & Product Management.
DULUTH, Ga., Oct. 5, 2026 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), today announced a restructuring of its executive leadership that simplifies the organization, strengthens accountability and reduces the team by one member. Effective immediately, Stefan Caspari, previously Senior Vice President, Customer Success & North America Ag, has been named Senior Vice President and General Manager, Fendt/Valtra & Product Management. Caspari will continue to lead AGCO's North American ag business while taking on global leadership of two of AGCO's leading equipment brands.
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