MOLINE,
Ill., Sept. 1, 2022 /PRNewswire/ -- Deere &
Company (NYSE: DE) announced that its Board of Directors elected
Josh Jepsen, 44, as Senior Vice
President and Chief Financial Officer (CFO), effective September 16. He is succeeding Raj Kalathur, who
will continue as President, John Deere Financial, and Chief
Information Officer.
Jepsen has been with Deere for 23 years, having worked in a
broad range of accounting and financial-analysis roles across the
company's manufacturing and North American sales and marketing
operations. He was also Manager of Commercial Operations outside
the United States and Canada for the company's Construction &
Forestry division. In addition, he served as Controller for the
Asia Pacific and Africa region, based in Singapore.
Jepsen joined Deere's Investor Relations team as Manager of
Investor Communications in 2015 and became Director, Investor
Relations in 2018. He more recently played a key role in developing
the company's Leap Ambitions – goals designed to boost
economic value and sustainability for Deere's customers – and was
instrumental in setting up the company's sustainability
organization. He assumed the duties of Deputy Financial Officer
earlier this year.
"Josh's broad range of financial and operational experience,
along with his strong knowledge of our business and our Smart
Industrial operating model, have prepared him well to serve as
Chief Financial Officer," said John C.
May, Chairman and Chief Executive Officer of Deere &
Company. "He's additionally established a strong record as an
insightful leader, a champion of diversity, equity, and inclusion,
and a proven cultivator of talent, all which will serve us well as
we continue to focus on executing our strategy and delivering
increased value to our stakeholders."
About Deere & Company:
Deere & Company (www.JohnDeere.com) is a global leader in
the delivery of agricultural, construction, and forestry equipment.
We help our customers push the boundaries of what's possible in
ways that are more productive and sustainable to help life leap
forward. Our technology-enabled products including John Deere
Autonomous 8R Tractor, See & Spray™, and E-Power Backhoe are
just some of the ways we help meet the world's increasing need for
food, shelter, and infrastructure. Deere & Company also
provides financial services through John Deere Financial.
For more information on Deere & Company, visit us at
www.deere.com/en/news/.
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SOURCE Deere & Company