AGCO announces the election of Niels Pörksen to its Board of Directors effective October 21, 2021. Pörksen takes over the position of Roy Armes, who is retiring from the Board of Directors.

“We are delighted to have Niels join our Board,” said Eric Hansotia, Chairman, President and CEO of AGCO Corporation. “His European experience and wealth of knowledge in the global agricultural industry will be invaluable as we continue to evolve AGCO’s smart solutions for our farmer customers. He will provide an important perspective and contribution to our Board.”

Roy Armes is retiring from the Board of Directors effective October 21, 2021. “Roy has made an extraordinary contribution to AGCO and its Board and we are extremely grateful for Roy’s guidance and leadership over the years,” Mr. Hansotia added.

Mr. Pörksen, who is 58, is Chairman and CEO at Südzucker, the largest global sugar producer headquartered in Mannheim, Germany. Mr. Pörksen joined Südzucker in 2020. Previously, he served as Group Executive of Portfolio Solutions at Nufarm, a leading agricultural chemical company in Australia. Prior to Nufarm, he held various leadership positions with BASF in Germany. Mr. Pörksen earned a master’s degree and a PhD in Agricultural Sciences from the University of Kiel, Christian-Albrechts-Universität Kiel, Germany.

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