internal
John C. May
Chairman, Chief Executive Officer & President
Executive
6 yr
5 reports
Deere & Company ·DE
Three global equipment presidents run Deere’s core P&Ls
Industrials · Fortune #61 · Divisional structure · 83K employees · Moline, IL
5
CEO span
↓ tighter than peers (avg 8)
3.2
Avg span
moderate
2
Max depth
2 levels
3.5 yr
Avg tenure
100%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-11-02 · 10-K
Revenue
$45.7B
Operating income
$9.0B
Net income
$5.0B
Total assets
$106.0B
Shares out
270M
Sourced from Deere & Company DEF 14A · filed 2026-01-14 ↗ View on SEC
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Deere & Company organizational chart
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Three global equipment presidents report directly to Deere’s CEO, giving each core business clear P&L ownership. This page maps Deere’s divisional structure, executive team, recent leadership changes, and how its model compares with industrial peers.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal T. Brent Norwood joined as Senior Vice President & Chief Financial Officer
Elected CFO effective May 1, 2026, replacing interim CFO arrangement.
Source · See change logScenario views in the chart
- Add a Chief Operating Officer Introduce a COO to coordinate across Agriculture, Construction, and Financial Services, potentially reducing CEO span.
- Separate Power Systems as Standalone Division Spin Power Systems into its own presidential role, increasing divisional focus but expanding CEO span.
Atlas work this supports
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The people
Who's running this
6 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
internal
Deanna M. Kovar
President, Worldwide Agriculture & Turf
Agriculture & Turf
3 yr
0 reports
internal
Ryan D. Campbell
President, Worldwide Construction & Forestry and Power Systems
Construction & Forestry
4 yr
0 reports
internal
T. Brent Norwood
Senior Vice President & Chief Financial Officer
Finance
0 yr
0 reports
internal
Rajesh Kalathur
President, John Deere Financial & Chief Information Officer
Financial Services & IT
6 yr
0 reports
internal
Kellye L. Walker
Senior Vice President, Chief Legal Officer & Corporate Secretary
Legal
2 yr
0 reports
The skin in the game
Beneficial ownership
Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.
Stock ownership requirements
Stock ownership guidelines are disclosed in the proxy but specific multiples are not summarized here.
The businesses
How Deere & Company divides the work
3 divisions report into the group CEO. Tile size scales with estimated headcount.
Worldwide Agriculture & Turf
40K employees
President, Worldwide Agriculture & Turf (Deanna M. Kovar)
Designs, manufactures, and sells agricultural and turf equipment globally.
Worldwide Construction & Forestry and Power Systems
25K employees
President, Worldwide Construction & Forestry and Power Systems (Ryan D. Campbell)
Provides construction, forestry, and power systems equipment and services worldwide.
John Deere Financial
6K employees
President, John Deere Financial & CIO (Rajesh Kalathur)
Offers financing solutions to Deere dealers and customers globally.
The thesis
Why this org is unusual
Deere’s most distinctive structural feature is that its three largest equipment businesses—Agriculture & Turf, Construction & Forestry, and Power Systems—are each run by a president reporting directly to the CEO.
This creates clear P&L ownership at the top, rather than consolidating operations under a single COO.
The CEO’s span emphasizes divisional autonomy: each president controls global operations, product development, and regional sales for their segment. Corporate functions like Finance, Legal, and IT sit alongside these divisions rather than above them, reinforcing Deere’s long-standing divisional operating model.
This structure supports Deere’s cyclical businesses by allowing capital allocation and cost discipline to be managed at the segment level while maintaining centralized financial controls and governance through the CFO and legal organization.
- All core equipment segments led by presidents reporting to CEO
- No COO role in current structure
The comparison
How Deere & Company stacks up
Compared with other large industrial machinery peers, Deere operates with a relatively clean divisional structure and limited matrix complexity. Caterpillar and CNH Industrial both add more regional overlays, while Deere keeps global P&L authority concentrated with segment presidents. Unlike some peers, Deere does …
C-suite size
Reporting depth
Avg C-suite tenure
Has COO / Has CAIO
Deere & Company — no COO — no CAIO
CNH Industrial ✓ COO — no CAIO
Komatsu ✓ COO — no CAIO
Current signals
What changed recently
Deere completed a CFO transition in early 2026, appointing internal finance leader T. Brent Norwood after Joshua Jepsen’s departure.
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2026-01-14
- CEO
- John C. May
- CEO span
- 5
- C-suite
- 5
- Avg tenure
- 4.2 yr
Structure centered on three global operating divisions with direct CEO oversight.
Named executive officers (5)
- John C. May - Chairman, CEO & President since 2019
- Joshua A. Jepsen - Senior Vice President & CFO since 2019
- Ryan D. Campbell - President, Construction & Forestry since 2022
- Rajesh Kalathur - President, John Deere Financial & CIO since 2019
- Deanna M. Kovar - President, Agriculture & Turf since 2023
Year-over-year changes
Leadership continuity remained high, with the primary change being the CFO transition.
- CEO span: 5 → 5
- C-suite size: 5 → 5
- Avg tenure: 4.5 → 4.2 yr
- departed Joshua A. Jepsen - Senior Vice President & CFO (was Senior Vice President & CFO) (DEF 14A, Jan 14 2026)
Frequently Asked Questions
Who is the CEO of Deere & Company?
John C. May has served as Chairman, CEO, and President of Deere & Company since 2019.
What type of organizational structure does Deere & Company use?
Deere operates a divisional structure with global presidents running major equipment and financial services businesses.
How many direct reports does Deere & Company’s CEO have?
The CEO has five direct reports, including three global business presidents and key corporate officers.
How has Deere & Company’s leadership changed recently?
In 2026, Deere transitioned to a new CFO, appointing T. Brent Norwood after Joshua Jepsen’s resignation.
Does Deere & Company have a COO?
No. Deere does not currently have a COO; divisional presidents report directly to the CEO.
Sources
- 8-K Filing, May 1, 2026
- 8-K Filing, Jan 22, 2026
- SEC EDGAR: Deere & Company DEF 14A Proxy Statement
- SEC EDGAR: Deere & Company 10-K Annual Report
Reference
Cite this page
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APA 7th
Creately. (2026). Deere & Company organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/john-deere/MLA 9th
"Deere & Company Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/john-deere/. Accessed .Chicago 17
Creately. "Deere & Company Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/john-deere/.Original SEC source View on SEC ↗
Deere & Company. DEF 14A. Filed 2026-01-14. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/315189/000110465926003618/de-20260225xdef14a.htmPermanent URL: https://creately.com/org-chart/fortune-500/john-deere/ · last updated 2026-04-01