James C. Collins Jr. joins AGCO (AGCO) board as it expands to ten members
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
AGCO Corporation filed a report announcing changes to its Board of Directors. The Board approved an increase in size to ten directors until the 2026 Annual Meeting of Stockholders and appointed James C. Collins, Jr. as a new director effective April 1, 2026, for an initial term expiring at that meeting.
AGCO also disclosed that current director Matthew Tsien has elected not to stand for re-election at the 2026 Annual Meeting. The filing highlights Mr. Collins’ extensive agriscience leadership background, including prior service as CEO and director of Corteva Agriscience, senior roles at DuPont and DowDuPont, and current board roles at Archer-Daniels-Midland Company and several private companies.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report
(Date of earliest event reported)
AGCO CORPORATION
(Exact name of Registrant as specified in its charter)
| (State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) | |||||||||||||||
(Address of principal executive offices, including Zip Code)
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Securities registered pursuant to Section 12(b) of the Act | ||||||||
| Title of Class | Trading Symbol | Name of exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 2, 2026, the Board of Directors of AGCO Corporation (the “Company”) approved an increase in the size of the Board to ten directors (until the 2026 Annual Meeting of Stockholders “the 2026 Annual Meeting”) and appointed James C. Collins, Jr. to the Board, effective as of April 1, 2026, to serve for an initial term expiring at the 2026 Annual Meeting. The Company also announced that Matthew Tsien has elected to not stand for re-election at the upcoming 2026 Annual Meeting. The Company thanks Mr. Tsien for his dedicated and excellent service.
Mr. Collins previously served as Chief Executive Officer and a member of the Board of Directors of Corteva Agriscience after he led the creation of the agriscience company in 2019 following the DowDuPont merger. He joined DuPont in 1984 and held senior leadership roles across multiple businesses, including Chief Operating Officer of DowDuPont’s Agriculture Division and Executive Vice President of DuPont’s agricultural segments. Mr. Collins currently serves on the Board of Directors of Archer-Daniels-Midland Company, where he is a member of the Audit and the Compensation and Succession Committees. He also serves on the boards of private companies: Vestaron Corporation and Pivot Bio. Mr. Collins has an MBA focused on international business from the University of Delaware and a Bachelor of Science degree in chemical engineering from Christian Brothers College.
A copy of the Company’s press release dated March 5, 2026 announcing the appointment of Mr. Collins is included as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | |||||||
99.1 | Press Release dated March 5, 2026 | |||||||
| 104 | Cover Page Interactive Data File - the cover page from this current report on Form 8-K is formatted in Inline XBRL. | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| AGCO Corporation | |||||
| By: | /s/ Damon Audia | ||||
| Damon Audia Senior Vice President and Chief Financial Officer | |||||
Dated: March 5, 2026
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FAQ
What board change did AGCO (AGCO) announce on March 2, 2026?
AGCO’s Board approved expanding its size to ten directors until the 2026 Annual Meeting of Stockholders. At the same time, the Board appointed James C. Collins, Jr. as a new director, with his initial term running through that 2026 Annual Meeting.
Who is James C. Collins, Jr., the new AGCO (AGCO) board member?
James C. Collins, Jr. is AGCO’s newly appointed director, effective April 1, 2026. He previously served as CEO and a director of Corteva Agriscience, held senior leadership roles at DuPont and DowDuPont, and currently serves on Archer-Daniels-Midland Company’s Board and several private company boards.
When does James C. Collins, Jr.’s initial term on AGCO’s board end?
James C. Collins, Jr.’s initial term on AGCO’s Board of Directors will expire at the company’s 2026 Annual Meeting of Stockholders. After that meeting, shareholders would determine whether he continues serving as a director through the normal director election process.
Which AGCO (AGCO) director will not stand for re-election in 2026?
AGCO disclosed that director Matthew Tsien has elected not to stand for re-election at the 2026 Annual Meeting of Stockholders. The company expressed appreciation for his dedicated and excellent service during his tenure on the Board of Directors.
What other boards does new AGCO director James C. Collins, Jr. serve on?
James C. Collins, Jr. currently serves on the Board of Directors of Archer-Daniels-Midland Company, where he is on the Audit and Compensation and Succession Committees. He also serves on the boards of private companies Vestaron Corporation and Pivot Bio, reflecting broad agriscience and agribusiness experience.
Did AGCO (AGCO) include a press release about the board appointment?
Yes. AGCO included a press release dated March 5, 2026 as Exhibit 99.1 describing the appointment of James C. Collins, Jr. to the Board. The filing also lists an Inline XBRL cover page data file as Exhibit 104 in the exhibits section.