Batavia, Ill. — AGCO announced that Jason Marx has been named Vice President, Parts Division, North America for AGCO, (NYSE:AGCO), a leading manufacturer and distributor of agricultural equipment.

Marx brings to AGCO a broad range of managerial experience with an emphasis on corporate financial results and operational performance from DaimlerChrysler and most recently AlixPartners LLP, a global consulting firm. Marx also served as director/vice president for AlixPartners and led large business engagements with major corporations including AGCO, where during the past 13 months he played a key role in the strategic planning, execution, and coordination of the North America Sales, Marketing & Distribution “New Way to Work” initiative.

His background includes a Masters of Business Administration from Brigham Young University and a Bachelor of Arts in Finance from Utah State University.

Marx will be based in Batavia, Ill., and assumes overall general management responsibility for the Parts Division in North America.

Jeff Terlep is the new director of sales with the Parts Division of AGCO Corporation North America. Terlep joins AGCO after a 17-year career with the Ford Motor Company. During his tenure with Ford, Terlep held various roles of increasing responsibility and accountability. He has extensive experience with field sales, marketing, franchising and export operations. His most recent position was regional general sales and marketing manager for the Chicago Region. He brings to AGCO Parts a wealth of knowledge about the dealer distribution network coupled with fresh ideas for sales and marketing.

Terlep earned his Bachelor of Science in Management at the Krannert School of Management, Purdue University.