According to a report from Bizjournals, India-based Tractors and Farm Equipment Limited (TAFE), which owns a 16% stake in AGCO, filed a report with the SEC requesting that AGCO separate the positions of CEO and Chairman of the Board "to better fulfill the board’s duty of oversight of the company."
Company founder Jon Kinzenbaw has assumed the role of CEO and chairman of the board. Susie Kinzenbaw Veatch, Jon's daughter, has been named president and chief marketing officer. Brian McKown has been named executive vice president and COO.
Executive editor Kim Schmidt checking in from Farm Equipment headquarters with an update on 2025 Dealership Minds Summit set for July 29-30 in Iowa City.
The program is out. Check it out at DealershipMindsSummit.com.
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