AGCO, a worldwide manufacturer and distributor of agricultural equipment, announced the election of Sondra Barbour to its Board of Directors effective immediately. Ms. Barbour will serve on the Audit and Compensation committees.
On May 15, Angela Lekatsas will assume her new role as president and CEO of Cervus Equipment. She is replacing Graham Drake, who is a co-founder of Cervus, which is one of only three farm equipment dealership groups in the U.S. and Canada that is publicly held.
Cervus Equipment Corp. Board of Directors has announce that Angela Lekatsas will succeed Graham Drake as president and Chief Executive Officer of the company upon his planned retirement on May 15, 2019.
New Holland Agriculture has announced that Brett Davis will assume the role of Brand Leader for North America. He is replacing Bret Lieberman and will report to Carlo Lambro, global president of New Holland.
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In this week’s program, we report on Deere & Co.’s second quarter earnings and outlook for the remainder of the year. Publicly traded dealer groups Cervus Equipment and Rocky Mountain Dealerships both reported their first quarter results recently, and put an emphasis on moving used equipment in the quarter. CNH Industrial’s first quarter results took a hit du to unfavorable exchange rates. Also in this episode, Stanley Elliot, analyst with Stifel, provides some analysis of the 2017 USDA Census of Agriculture. In the Technology Corner, Jack Zemlicka talks about planned updates to the Agricultural Electronics Foundation’s compatibility database.
Learn actionable sales strategies from the most influential “Dealership Minds” in the industry — of every color, size and experiences — during this one-of-a-kind event July 30-31 in Peoria, IL. You’ll discover leading dealer-to-dealer sales strategies during this 2-day networking and idea sharing event.