---
schema_version: "secwatch.filing_event.v1"
accession: "0000880266-22-000027"
form_type: "8-K"
ticker: "AGCO"
cik: "0000880266"
company_name: "AGCO CORP /DE"
filed_at: "2022-06-15T23:59:59+00:00"
generated_at: "2026-06-25T01:47:24.675960+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# AGCO names Damon Audia as CFO; Andy Beck to retire in early 2023

## Summary
- Andy Beck steps down as CFO effective July 1, 2022; will serve as Senior Advisor to CEO and new CFO until early 2023.
- Damon Audia appointed SVP and CFO; previously CFO at Kennametal Inc. (NYSE: KMT) and Carpenter Technology.
- Audia receives base salary of $700,000/year with customary incentive compensation and severance benefits.
- Beck had been CFO for 20 years and with AGCO for 28 years.

## SEC filing metadata
- accession: 0000880266-22-000027
- form_type: 8-K
- ticker: AGCO
- cik: 0000880266
- company_name: AGCO CORP /DE
- filed_at: 2022-06-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/880266/000088026622000027/0000880266-22-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/880266/000088026622000027/agco-20220615.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000880266-22-000027
- JSON: https://secwatch.observer/filing/0000880266-22-000027.json
- Plain text: https://secwatch.observer/filing/0000880266-22-000027.txt

## Key facts
- Executive change
  Damon J. Audia was appointed as Chief Financial Officer at AGCO CORP /DE.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On June 15, 2022, AGCO Corporation (the “Company”) announced that effective July 1, 2022, Andrew H. Beck would be stepping down as Chief Financial Officer and would be replaced by Damon J. Audia.
  evidence_url: https://www.sec.gov/Archives/edgar/data/880266/000088026622000027/0000880266-22-000027-index.htm
- Executive change
  Andrew H. Beck changed role as Chief Financial Officer at AGCO CORP /DE.
  - Action: stepping down
  - Role: Chief Financial Officer
  source text: On June 15, 2022, AGCO Corporation (the “Company”) announced that effective July 1, 2022, Andrew H. Beck would be stepping down as Chief Financial Officer and would be replaced by Damon J. Audia.
  evidence_url: https://www.sec.gov/Archives/edgar/data/880266/000088026622000027/0000880266-22-000027-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.