Massey Ferguson announces significant changes as one of its leaders leaves

Massey Ferguson has announced significant changes to the Europe and Middle East (EME) leadership structure as its vice president and managing director is set to leave.

Massey Ferguson announced changes to its Europe and Middle East (EME) leadership structure as Thierry Lhotte is set to leave.
Marco Mazzaferri will take over Thierry Lhotte’s post at Massey Ferguson.

The company confirmed that its vice president and managing director Thierry Lhotte will be leaving AGCO to focus his activities around his family and personal projects.

Thierry Lhotte started his career with Massey Ferguson 37 years ago and successfully held various roles in the business. He started in aftersales, evolved into marketing, sales, and led the restructure of Fendt and Valtra France when AGCO purchased these prestigious brands.

In his career, Mr Lhotte demonstrated a strong engagement in all projects he was given, as well as a commitment to make the Beauvais site more competitive, improve customer satisfaction, and strengthen Massey Ferguson beyond the EME Region, Luis Felli, senior vice president & general manager at Massey Ferguson, said.

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New appointment

He continued: “I want to take this opportunity to express our sincere gratitude to Thierry for his outstanding contributions to AGCO. His vision will continue to inspire the brand as we move forward.

“Thierry will stay in the organisation until the end of August, which will allow a good handover with his successor. Effective immediately, I am pleased to announce that Marco Mazzaferri is being promoted to vice president & managing director Massey Ferguson EME.”

Mr Mazzaferri joined AGCO in 2015 in Italy and since then has held several roles with Massey Ferguson Europe, such as national sales manager for Fendt & Valtra, global director of sales enablement and marketing for Massey Ferguson, and most recently, sales director MF EME. He holds a degree in engineering from the University of Perugia.

His main priority is to grow the MF business in the region, increasing market share and profitability. He will also be appointed the president of AGCO SAS and AGCO distribution SAS, member of AGCO finance France supervisory board, and chairman of AGCO France central workers councils.

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