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Deere Appoints New CFO from Within Ranks
1 May
Summary
- Brent Norwood becomes Senior Vice President and CFO on May 1.
- Norwood brings over two decades of experience with Deere and finance.
- CEO highlights Norwood's leadership, financial expertise, and strategy.
Effective May 1, Deere & Company's Board of Directors has appointed Brent Norwood as the new Senior Vice President and Chief Financial Officer. This appointment culminates a comprehensive internal and external recruitment process.
Norwood brings a wealth of experience, exceeding two decades, gained both within Deere & Company and the broader financial industry. Since 2023, he has held the position of Vice President and Finance Director for key divisions including Construction and Forestry, as well as John Deere Power Systems.
John C May, chairman and chief executive officer, expressed confidence in Norwood's capabilities. He emphasized Norwood's demonstrated leadership, deep financial expertise, strong strategic judgment, and disciplined approach to capital allocation. May indicated that Norwood's unique experience and perspective will be instrumental in advancing the company's strategic objectives and maximizing long-term shareholder value.
