Brent Norwood to Lead Financial Strategy as CFO of Deere & Company

Brent Norwood Takes Helm as Chief Financial Officer at Deere & Company

On May 1, 2026, Deere & Company, a prominent name in the agriculture and machinery sector, has officially announced the appointment of Brent Norwood as the new Chief Financial Officer (CFO). This decision comes from a comprehensive search process executed by the company's Board of Directors, emphasizing the significant leadership role that the CFO plays in the organization.

Brent Norwood, age 44, has been a vital part of Deere for over two decades. His tenure has seen him rise through various positions from program manager to his most recent role as Vice President and Finance Director, where he was responsible for financial planning and analysis within the Construction and Forestry division as well as John Deere Power Systems. Norwood's extensive background in finance and strategic management equips him to lead the financial strategy for a company with a strong legacy in providing innovative solutions for food production, forestry, and infrastructure development.

Chairman and CEO John C. May remarked on Norwood’s appointment, stating, "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." This sentiment underscores the trust in Norwood's capability to navigate the financial complexities of an evolving market landscape.

Norwood's journey at Deere began after his previous experience in the investment industry, giving him a solid foundation in capital markets and equity research. His responsibilities have always included strategic investments, capital budgeting, and financial forecasting. He played a pivotal role in some of Deere's significant acquisitions, such as Wirtgen and Blue River Technology, which have been crucial in bolstering the company’s market position and aligning with its vision for technological advancement.

Moreover, he has been instrumental in laying down the framework for the Smart Industrial strategy and Leap Ambitions initiative at Deere. These forward-looking goals aim to enhance sustainability and economic value for customers.

Norwood's excellence in investor relations has not gone unnoticed in the industry. He has been recognized by Institutional Investor for his outstanding performance, earning accolades for both himself and for Deere’s investor relations program within the machinery sector.

This leadership transition arrives as Deere continues its commitment to innovation and sustainability, critical themes in today's corporate environment. As the global market evolves, Norwood's expertise will ensure that Deere remains at the forefront of industry trends and financial prudence.

Deere & Company, known for its rich history and contribution to agricultural and industrial advancements, looks forward to this new chapter under Norwood’s financial stewardship. As the company navigates future challenges and opportunities, Norwood's role will be essential in maintaining Deere's strong market presence and in achieving its ambitious long-term objectives.

For further information about Deere & Company and its initiatives, visit their official website at www.deere.com/en/news.