AGCO restructures executive leadership; Torsten Dehner steps down, Stefan Caspari to lead Fendt/Valtra

AGCO CORP /DE

AGCO reduced its executive leadership team by one member, effective October 5, 2026, consolidating functions under existing senior leaders.
Torsten Dehner stepped down as SVP and GM of Global Fendt/Valtra and Product Management; he will remain based in Switzerland to support the transition.
Stefan Caspari, previously SVP of Customer Success & North America Ag, was named SVP and GM of Fendt/Valtra & Product Management, retaining North American ag leadership.
Luis Felli will lead Massey Ferguson, Parts & Customer Support, while Damon Audia becomes President of PTx, Corporate Strategy & Distribution.
CEO Eric Hansotia credited Caspari's North American ag experience and thanked Dehner for advancing AGCO's AI transformation; Dehner has severance under his Jan 1, 2020 employment agreement.

This headline and bullets were generated automatically by deepseek-v4.1-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.