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Deere & Company has announced key leadership changes to advance its Smart Industrial Strategy. Deanna Kovar will become president of the Worldwide Agriculture & Turf Division: Production and Precision Ag, as well as the Americas and Australia markets. Justin Rose will assume the role of president, Worldwide Agriculture & Turf Division: Small Agriculture and Turf, including responsibility for the Europe, Africa, and Asia markets. Cory Reed has been named president, Lifecycle Solutions, Supply Management, and Customer Success.

Deere & Company (NYSE: DE) has announced significant leadership changes to advance its Smart Industrial Strategy. The changes include three key appointments effective November 3: Deanna Kovar as president of Worldwide Agriculture & Turf Division: Production and Precision Ag, Justin Rose as president of Worldwide Agriculture & Turf Division: Small Agriculture and Turf, and Cory Reed as president of Lifecycle Solutions, Supply Management, and Customer Success [1].

These appointments align with Deere's focus on delivering intelligent, connected machines and solutions to enhance customer value. Each leader brings specific expertise in their respective areas, from production-scale agriculture equipment to small agricultural and turf solutions, and customer support services [2].

Deanna Kovar, previously president of the company's Small Ag & Turf business, will now oversee major equipment and technology solutions for production-scale agriculture, including large tractors, as well as harvesting and crop care equipment. Justin Rose, who recently served as president of Lifecycle Solutions, Supply Management, and Customer Success, will be responsible for equipment and technology solutions tailored to small agricultural and turf customers worldwide, including small tractors, compact utility tractors, hay and forage equipment, and turf care equipment. Cory Reed, previously president of the company's Production and Precision Ag business, will manage Deere’s global aftermarket, customer support, supply chain, precision upgrade, and business transformation initiatives [2].

These leadership changes reflect Deere & Company's commitment to innovation and customer success, as stated by John May, chairman and CEO: "We're focused on building an experienced, purpose-driven leadership team dedicated to improving our customers' success" [2].

The company's recent quarterly earnings report showed earnings per share of $4.75, exceeding consensus estimates, despite a 9.0% decrease in revenue compared to the previous year. Deere & Company also announced a quarterly dividend of $1.62 per share, with a yield of 1.4%, to be paid on November 10th [3].

References:
[1] https://www.stocktitan.net/news/DE/deere-company-announces-key-leadership-oilntt53ui4j.html
[2] https://www.prnewswire.com/news-releases/deere--company-announces-key-leadership-changes-302543288.html
[3] https://www.marketbeat.com/instant-alerts/filing-brasada-capital-management-lp-acquires-shares-of-1250-deere-company-de-2025-08-30/