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Form 8-K · Current Report · Filed 2025-12-04

Deere & Co. Announces New Board Member and Executive Retirement

Deere & Company appointed Brian Sikes, Chair and CEO of Cargill, to its Board of Directors, effective December 4, 2025.

Filer
Deere & Company DE · NYSE
Filed
Accession
0001104659-25-118224
CIK
0000315189
Signal
High impactIndustrials

Details

Simultaneously, Raj Kalathur, President of John Deere Financial and Chief Information Officer, notified the Board of his intention to retire, effective January 31, 2026. A press release was issued on December 4, 2025, to announce Mr. Sikes' appointment.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

New CEO Appointed Key Executive Departure
Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$481.82

Next session

-1.4%

Since filing

+23.0%

Latest close

$592.67

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Precedent

Previous filings from DE reporting the same item, with the next session's move:

About Deere & Company

Deere & Company is a prominent global leader in the manufacturing of agricultural, construction, and forestry machinery. Renowned for its iconic green and yellow John Deere brand, the company produces a wide array of equipment including tractors, combines, and harvesters, playing a crucial role in the agricultural sector by boosting productivity and efficiency. Additionally, Deere & Company extends its innovation into construction and forestry machinery, offering bulldozers, excavators, and forestry harvesting units that support infrastructure development and resource management. Beyond machinery, the company is involved in precision agriculture technology, integrating data-driven insights and automation to enhance farming outcomes. Established in 1837 and headquartered in Moline, Illinois, Deere & Company's products reach a global market, impacting industries vital for both food production and urban development. Its significant presence in these sectors underscores its crucial role in addressing global challenges related to agriculture, construction, and forestry, contributing to sustainable land management and infrastructure growth.

Exchange NYSE Industry Farm & Heavy Construction Machinery Company website ↗

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