Deere announces changes to senior leadership

The Board of Directors of Deere & Company have elected Ryan Campbell as the company’s new President of Worldwide Construction & Forestry and Power Systems.

Ryan Cambell, Deere and Company. (Photo: Deere and Company)

Effective May 31, Campbell succeeds John Stone, who will be leaving the company after nearly 19 years to take up a new role at security company Allegion.

Campbell will be tasked with increasing the adoption of precision technology in earthmoving and roadbuilding applications, as well as focusing on internal and external sustainability and economic activities.

For Deere customers, he will be responsible for boosting sustainability and economic value by delivering a range of electric and hybrid-electric product models. He will also lead the company’s commitment to deliver viable low/no carbon alternative power solutions via Deere’s Power Systems group.

“Ryan’s record of success and proven leadership skills make him highly qualified to ensure we will make continued progress executing our smart industrial strategy and in serving our construction, forestry and power systems customers at the highest level,” said John C. May, Chairman and CEO at Deere.

Raj Kalathur has been appointed to the role of Chief Financial Officer. (Photo: Deere and Company)

The company has also announced that Raj Kalathur has been appointed to the role of Chief Financial Officer.

Kalathur will be responsible for accounting and reporting, treasury, taxes, internal audit, strategy and business development, sustainability, and investor relations.

Prior to taking on the role, he served as the President for John Deere Financial and as its Chief Information Officer (CIO), where he helped grow the John Deere Financial loan portfolio to over $50 billion.

Although his CIO responsibilities will now be led by Ganesh Jayaram, Kalathur will retain his present duties for John Deere Financial and have continued oversight for information technology.

“The leadership changes announced today reflect the depth of talent on our senior management team and ensure we will make continued progress executing our smart industrial strategy,” said May.