Briefly:
- Deere & Company’s board of directors appointed Ryan Campbell as president of Worldwide Construction & Forestry and Power Systems on May 31.
- Deere & Company’s new chief financial officer, Raja Calatour.
Deere & Company’s board of directors elected Ryan Campbell as president of Worldwide Construction & Forestry and Power Systems, effective May 31. He succeeds John Stone, who has decided to leave the company.
In his new role, Campbell will lead Worldwide Construction & Forestry and Power Systems to expand the adoption of precision technology in earthmoving, forestry and road construction, as well as deliver a broad range of electric and hybrid-electric product models-all with the goal of increasing economic value and sustainability for customers. In addition, Campbell will lead the company’s commitment to providing viable low- or zero-carbon alternative energy solutions through the Deere Power Systems group.
Throughout his tenure, Campbell has led initiatives to improve Deere’s profitability and strategic positioning, develop future leaders, and has been a relentless advocate for increasing commitment to economic and environmental sustainability on Deere’s digitalization journey.
“Ryan’s track record and proven leadership skills make him a highly qualified individual who will ensure that we make continued progress in executing our smart industrial strategy and serving our customers in construction, forestry and energy systems at the highest levels,”
said John S. May , chairman and CEO.
Deere & Company also announced the election of Raj Kalathur as the company’s chief financial officer. He will retain his current role at John Deere Financial and will continue to oversee information technology. His responsibilities as CFO include accounting and reporting, treasury, taxes, internal audit, strategy and business development, sustainability and investor relations.
Prior to assuming his current position, Calatour was John Deere’s president of finance and chief information officer (CIO), where he led a team responsible for ensuring that John Deere equipment customers around the world have ready access to competitive financing. Under Calatour’s leadership, John Deere Financial’s loan portfolio grew to more than $50 billion . In addition, Calatour served as CIO and successfully helped the company transition to digital technology. His CIO duties will now be led by Ganesh Jayaram, appointed CIO as of May 31 .
“The leadership changes announced today reflect the depth of talent in our senior management team and ensure that we make continued progress on our smart industrial strategy,”
May said.