- The Deere & Company Board of Directors has elected
Ryan Campbell as President,
Worldwide Construction & Forestry and Power Systems effective
May 31.
- Deere also announced the election of Raj Kalathur as the
company's Chief Financial Officer
MOLINE, Ill. ,
May 31,
2022 /CNW/ -- Deere & Company (NYSE: DE)
announced that its Board of Directors elected Ryan Campbell as President, Worldwide
Construction & Forestry and Power Systems effective
May 31. He is succeeding John Stone, who has elected to leave the
company.
In his new role, Campbell will be leading the Construction &
Forestry team to increase the adoption of precision technology in
earthmoving, forestry and roadbuilding applications, as well as
delivering a broad range of electric and hybrid-electric product
models – all with a goal to boost economic value and sustainability
for customers. Campbell will additionally be leading the company's
commitment to deliver viable low/no carbon alternative power
solutions via Deere's Power Systems group.
Throughout his tenure, Campbell has spearheaded initiatives
focused on enhancing Deere's profitability and strategic
positioning, developing future leaders, and has been an unrelenting
advocate for driving higher levels of commitment to economic and
environmental sustainability through Deere's digitalization
journey.
"Ryan's record of success and proven leadership skills make him
highly qualified to ensure we will make continued progress
executing our smart industrial strategy and in serving our
construction, forestry and power systems customers at the highest
level," said John C. May, Chairman
and Chief Executive Officer.
Deere also announced the election of Raj Kalathur as the
company's Chief Financial Officer. He will retain his present
duties for John Deere Financial and have continued oversight for
information technology. His areas of responsibility as CFO include
accounting and reporting, treasury, taxes, internal audit, strategy
and business development, sustainability, and investor
relations.
Prior to assuming his current role, Kalathur was President, John
Deere Financial and Chief Information Officer (CIO) where he led
the team responsible for ensuring that John Deere equipment
customers throughout the world have ready access to competitive
financing. Under Kalathur's leadership, the John Deere Financial
loan portfolio has grown to over $50
billion. In addition, Kalathur served as CIO and
successfully helped lead the company's digitalization journey. His
CIO responsibilities will now be led by Ganesh Jayaram who has been
appointed as the Chief Information Officer, effective May 31.
"The leadership changes announced today reflect the depth of
talent on our senior management team and ensure we will make
continued progress executing our smart industrial strategy," said
May.
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