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StocksUpdated×2•Originally published 1 May 2026•Updated 1 May 2026•

1 min read

Deere & Company Appoints Brent Norwood as Chief Financial Officer

Key Facts

1The Deere & Company Board of Directors elected Brent Norwood as senior vice president and chief financial officer.

2The appointment of Brent Norwood, 44, is effective as of May 1.

The Board of Directors of Deere & Company has elected Brent Norwood as Senior Vice President and Chief Financial Officer, effective May 1, 2026. Norwood's appointment comes as Deere navigates evolving agricultural equipment demand and broader macroeconomic pressures. A 20-year company veteran, Norwood currently leads finance for the Construction, Forestry, and Power Systems divisions. The company is strategically focusing on investments in automation technologies to drive future growth and maintain its competitive edge. This leadership transition is designed to ensure fiscal continuity while the firm executes its ambitious Smart Industrial strategy. Investors are likely to view Norwood’s deep institutional knowledge as a stabilizing factor during this period of market volatility.

about 1 month ago

Version History

Version 2about 1 month ago

What changed: The story was updated to include market context regarding fluctuating agricultural equipment demand and the company's strategic focus on automation investments.

Version 1about 1 month ago

What changed: Added details regarding Norwood's 20-year tenure, his previous divisional leadership roles, the 2026 effective year, and the inclusion of an external search process.