Deere Announces Leadership Changes to Advance Smart Industrial Strategy

Deere & Company announced key leadership changes effective November 3, 2025, aimed at advancing its Smart Industrial Strategy to deliver intelligent, connected machines and enhance customer economic value. Deanna Kovar will lead the Worldwide Agriculture & Turf Division for Production and Precision Ag, focusing on large-scale agricultural equipment in the Americas and Australia, while Justin Rose will oversee the Small Agriculture and Turf Division across Europe, Africa, and Asia. Cory Reed has been named president of Lifecycle Solutions, Supply Management, and Customer Success, managing global aftermarket, customer support, and supply chain initiatives. These appointments reflect Deere’s commitment to innovation and customer success, aligning its organizational structure with long-term strategic goals. Despite the leadership changes, Deere's shares recently declined slightly amidst broader market volatility, though the company has demonstrated strong long-term returns and outperformance within its industry. Analysts maintain a cautious but neutral outlook on Deere’s stock, recognizing potential growth from its Smart Industrial Strategy balanced against transitional uncertainties.