Eindhoven, August 13, 2020 – AGCO Corporation SVP, Chief Operating Officer, Eric Hansotia, and DLL CEO and Executive Board Chairman, Bill Stephenson, are pleased to announce the appointment of Rob van den Heuvel to the role of President and Global CEO of AGCO Finance, effective January 1, 2021. Van den Heuvel will be replacing Keith Large who will retire December 31, 2020.

Rob van den Heuvel has been with DLL for 19 years and has held a variety of roles within the company, including Risk Management, Strategic Planning, Finance and Global Asset Management. Rob joined AGCO Finance in January 2018 when he was appointed Managing Director for AGCO Finance Europe. In this capacity, Rob successfully led the European AGCO Finance team by launching improved automation and digitalization and innovative financial products and services, leading to significant commercial growth. Rob holds an Executive MBA from TIAS Business School and a Master of Science in Econometrics and Operations Research from the University of Tilburg.