AGCO Corporation, Duluth, Georgia-based agricultural machinery and precision agriculture technologies major, has appointed Indian American finance leader Indira Agarwal as Senior Vice President, Chief Financial Officer as part of a series of executive leadership changes.
Agarwal, previously Vice President, Chief Accounting Officer, succeeds Damon Audia, who has been named President of PTx & Corporate Strategy, which encompasses AGCO’s precision agriculture business and the enterprise strategy and transformation teams.
A Delhi University graduate, she joined AGCO in 2024 as Chief Accounting Officer, where she has strengthened the rigor, speed and transparency of AGCO’s financial reporting and deepened the controls that protect the company and its shareholders, according to a company release.
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Agarwal has also helped drive AGCO’s transformation efforts focused on improving efficiency, strengthening structural profitability and advancing strategic Mergers & Acquisitions (M&A).
“Indira has been an outstanding leader for AGCO,” said Eric Hansotia, AGCO’s Chairman, President & CEO. “She brings vast global experience and deep expertise across accounting, financial reporting and M&A, along with a strong continuous-improvement mindset.”
“Damon and Indira have worked closely together, and this transition places two experienced enterprise leaders in roles where their strengths are closely aligned with AGCO’s next phase of growth,” he added.
Agarwal will also continue to lead AGCO’s accounting organization as Chief Accounting Officer while the company conducts a search for a successor.
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Agarwal brings more than 20 years of experience in corporate accounting, financial reporting, M&A and business integration, financial controls and regulatory compliance.
Prior to joining AGCO, she served as Vice President, Chief Accounting Officer and Controller of HF Sinclair Corporation and also led the company’s FP&A organization. She previously held progressive finance leadership roles at HF Sinclair, Cardtronics and Direct Energy.
She holds a bachelor’s degree in finance from Delhi University and is a Fellow of the Association of Chartered Certified Accountants (U.K.).
Driven by a Farmer-First strategy, AGCO’s high-performance equipment and smart farming solutions to drive productivity while sustainably feeding the world, according to the release.