Eric P. Hansotia
Chairman, President & Chief Executive Officer
Executive
5 yr
24 reports
AGCO Corporation ·AGCO
Brand-centric enterprise with dual global product presidents
Industrials · Fortune #364 · Hybrid structure · 24K employees · Duluth, Georgia
View as of:
7
CEO span
↓ tighter than peers (avg 10)
2.7
Avg span
moderate
3
Max depth
3 levels
4.7 yr
Avg tenure
stable vs FY2024
0%
Internal hires
↓ below industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$10.1B
Operating income
$596M
Net income
$726M
Total assets
$11.9B
Shares out
72M
Sourced from AGCO Corporation DEF 14A · filed 2026-03-12 ↗ View on SEC
Interactive org chart
AGCO Corporation organizational chart
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AGCO runs an unusual brand-forward enterprise structure in which two global equipment brand presidents report directly to the CEO. This page maps AGCO’s executive org, brand leadership model, recent changes, and how its structure compares with peers.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal James C. Collins Jr. joined as Director
Appointed to AGCO Board effective April 1, 2026.
Source · See change logScenario views in the chart
- Add Chief AI & Digital Officer Introduce a Chief AI & Digital Officer reporting to the CEO to centralize data, AI and precision ag strategy.
- Consolidate Brand Presidents Move both global brand presidents under a new COO to reduce CEO span and standardize execution.
Atlas work this supports
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The people
Who's running this
7 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
Damon J. Audia
Senior Vice President & Chief Financial Officer
Finance
6 yr
8 reports
Torsten R.W. Dehner
Senior Vice President, GM Global Fendt/Valtra & Product Management
Products
5 yr
7 reports
Luis F.S. Felli
Senior Vice President, GM Global Massey Ferguson & Business Effectiveness
Products
4 yr
7 reports
Timothy O. Millwood
Senior Vice President & Chief Supply Chain Officer
Operations
4 yr
6 reports
Indira Agarwal
Vice President & Chief Accounting Officer
Finance
3 yr
4 reports
Roger N. Batkin
Corporate Secretary
Legal
7 yr
2 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 2 named executive officers disclosed. Bar length scales with total compensation.
Eric P. Hansotia $19.7M
- Base salary
- $1.40M
- Stock awards
- $13.22M
- Non-equity incentive
- $3.65M
- Pension change
- $757K
- Other
- $633K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
Damon J. Audia $5.1M
- Base salary
- $767K
- Stock awards
- $2.95M
- Non-equity incentive
- $1.25M
- Other
- $119K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The skin in the game
Beneficial ownership
Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.
Stock ownership requirements
6×CEO base salary
3×NEO base salary
5×Director cash retainer
Executives and directors are subject to stock ownership guidelines.
The businesses
How AGCO Corporation divides the work
4 divisions report into the group CEO. Tile size scales with estimated headcount.
Finance
1K employees
Senior Vice President & CFO (Damon J. Audia)
Oversees financial reporting, treasury, tax, audit and capital structure across AGCO.
Global Supply Chain
9K employees
SVP & Chief Supply Chain Officer (Timothy O. Millwood)
Manages manufacturing, procurement, logistics and global operations.
Fendt & Valtra
6K employees
SVP & GM Global Fendt/Valtra (Torsten R.W. Dehner)
Leads premium tractor brands including product development, sales and engineering.
Massey Ferguson
6K employees
SVP & GM Global Massey Ferguson (Luis F.S. Felli)
Oversees AGCO’s largest global brand with end-to-end commercial and product responsibility.
The thesis
Why this org is unusual
AGCO’s most distinctive structural feature is that its two largest global equipment brands—Fendt/Valtra and Massey Ferguson—are each led by senior vice presidents who report directly to the CEO.
This elevates brand-level P&L and product accountability to the very top of the organization rather than consolidating it under a single COO or product president.
The org chart shows a hybrid enterprise structure: corporate functions such as finance, supply chain and accounting sit alongside brand-centric product and sales leadership. Hansotia maintains a relatively wide span of control, with seven direct reports covering both functional and brand leadership, reinforcing CEO-level arbitration between brands and enterprise priorities.
Operational depth is concentrated under supply chain and product leadership, while finance remains relatively centralized. The absence of a COO role keeps execution accountability split between the Chief Supply Chain Officer and the two global brand presidents.
- No COO role
- Two global brand GMs report directly to CEO
- Brand P&L elevated to C-suite
The comparison
How AGCO Corporation stacks up
Compared with peers like Deere, CNH Industrial and Caterpillar, AGCO places more brand leadership directly under the CEO. Deere and Caterpillar both rely more heavily on operating segment presidents with an additional operational layer beneath the CEO. AGCO’s structure is flatter at the top, with no COO and fewer …
C-suite size
Reporting depth
AGCO Corporation
3 levels
Deere & Company
5 levels
CNH Industrial
5 levels
6 levels
Kubota
6 levels
Avg C-suite tenure
Has COO / Has CAIO
AGCO Corporation — no COO — no CAIO
Deere & Company ✓ COO — no CAIO
CNH Industrial ✓ COO — no CAIO
Kubota ✓ COO — no CAIO
Current signals
What changed recently
In early 2026, AGCO refreshed its board with a former Corteva CEO and updated its executive incentive structure.
- new
- reorgAnnual Incentive Plan Executive Compensation
Board approved amendments to the Annual Incentive Plan on March 3, 2026.
Source - Date not confirmed departed
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2026-03-12
- CEO
- Eric P. Hansotia
- CEO span
- 7
- C-suite
- 5
- Avg tenure
- 4.6 yr
Brand leaders were elevated again as NEOs, reinforcing AGCO’s brand-centric model.
Named executive officers (5)
- Eric P. Hansotia - CEO since 2020
- Damon J. Audia - CFO since 2020
- Torsten R.W. Dehner - SVP, GM Fendt/Valtra since 2021
- Luis F.S. Felli - SVP, GM Massey Ferguson since 2022
- Timothy O. Millwood - SVP, Chief Supply Chain Officer since 2022
FY2024
DEF 14A filed 2025-03-
- CEO
- Eric P. Hansotia
- CEO span
- 6
- C-suite
- 4
- Avg tenure
- 4.2 yr
Brand GMs were not both designated as NEOs in 2024.
Named executive officers (4)
- Eric P. Hansotia - CEO since 2020
- Damon J. Audia - CFO since 2020
- Timothy O. Millwood - SVP, Chief Supply Chain Officer since 2022
- Robert B. Crain - Former NEO
FY2023
DEF 14A filed 2024-03-
- CEO
- Eric P. Hansotia
- CEO span
- 6
- C-suite
- 4
- Avg tenure
- 3.9 yr
Early phase of brand-led executive emphasis.
Named executive officers (4)
- Eric P. Hansotia - CEO since 2020
- Damon J. Audia - CFO since 2020
- Torsten R.W. Dehner - SVP since 2021
- Luis F.S. Felli - SVP since 2022
Year-over-year changes
Brand leadership representation at the NEO level temporarily narrowed in 2024.
- CEO span: 6 → 6
- C-suite size: 4 → 4
- Avg tenure: 3.9 → 4.2 yr
- departed Torsten R.W. Dehner - NEO (was SVP) (DEF 14A 2025)
AGCO re-elevated both global brand presidents to NEO status in 2025.
- CEO span: 6 → 7
- C-suite size: 4 → 5
- Avg tenure: 4.2 → 4.6 yr
- new Torsten R.W. Dehner - NEO (was SVP) (DEF 14A 2026)
- new Luis F.S. Felli - NEO (was SVP) (DEF 14A 2026)
The board
Board of directors
6 directors. 5 of 6 independent (83%). Source: most recent DEF 14A.
Michael C. Arnold
Independent
Former CEO, Ryerson Inc.
Sondra L. Barbour
Independent
Former EVP, Lockheed Martin
Suzanne P. Clark
Independent
President & CEO, U.S. Chamber of Commerce
Eric P. Hansotia
Chair Inside
Chairman, President & CEO, AGCO
David Sagehorn
Independent
Former EVP & CFO, Oshkosh Corp.
Bob De Lange
Lead Indep. Independent
Group President, Caterpillar
The board, organized
Board committees
2 standing committees. Audit and Compensation must be 100% independent under SEC rules; the rest vary.
Audit Committee
100% independent
- Sondra L. Barbour
- Suzanne P. Clark
Talent and Compensation Committee
100% independent
- Suzanne P. Clark
- David Sagehorn
Frequently Asked Questions
Who is the CEO of AGCO?
Eric P. Hansotia has served as Chairman, President and CEO since 2020.
What type of organizational structure does AGCO use?
AGCO uses a hybrid enterprise structure combining centralized functions with brand-led global business units.
How many direct reports does AGCO's CEO have?
The CEO has seven direct reports spanning finance, supply chain, accounting and two global brand presidents.
How has AGCO's leadership changed recently?
In 2026 AGCO appointed James C. Collins Jr. to its board and amended its Annual Incentive Plan.
Does AGCO have a COO?
No. AGCO does not have a Chief Operating Officer; operational responsibility is split across supply chain and brand leaders.
Sources
- 8-K Filing, Mar 5 2026
- 8-K Filing, Mar 6 2026
- SEC EDGAR: AGCO Corporation DEF 14A Proxy Statement
- SEC EDGAR: AGCO Corporation 10-K Annual Report
Reference
Cite this page
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APA 7th
Creately. (2026). AGCO Corporation organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/agco/MLA 9th
"AGCO Corporation Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/agco/. Accessed .Chicago 17
Creately. "AGCO Corporation Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/agco/.Original SEC source View on SEC ↗
AGCO Corporation. DEF 14A. Filed 2026-03-12. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/880266/000088026626000023/agco-20260311.htmPermanent URL: https://creately.com/org-chart/fortune-500/agco/ · last updated 2026-04-01