Deere & Company announced on May 1 that its Board of Directors has elected Brent Norwood as senior vice president and chief financial officer, effective the same day. The appointment comes after both internal and external searches and a thorough vetting process.
The company said this leadership change is important for guiding Deere & Company’s financial strategy as it moves forward. John C. May, chairman and chief executive officer of Deere & Company, said, “Brent is a proven leader with deep financial expertise, strong strategic judgment, and a disciplined approach to capital allocation. His experience and perspective will be critical as we execute our strategy and deliver long‑term value for our shareholders.”
Deere & Company has a long history in agricultural innovation, with John Deere serving as the founder who used his blacksmith skills to develop new tools for farmers, according to the official website. The company also maintains sites such as the John Deere Historic Site and Tractor & Engine Museum to highlight its heritage according to the official website.
The organization has been recognized among the world’s most ethical companies by Ethisphere according to the official website. It owns more than 25 subsidiary brands globally—including Wirtgen and Monosem—according to the official website.
Deere & Company employs about 75,000 people worldwide according to the official website. The company focuses on innovation aimed at delivering solutions for agriculture, forestry, and infrastructure sectors in order to support global needs for food, fiber, and fuel according to the official website.
Norwood’s appointment signals continued focus on leadership stability at Deere & Company as it addresses industry challenges through strategic management.
