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[8-K] DEERE & CO Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Deere & Company announced a planned finance leadership change. On January 20, 2026, Senior Vice President and Chief Financial Officer Joshua A. Jepsen informed the company he will resign effective February 19, 2026. The company states his decision is not related to any financial or accounting issue or to any disagreement over operations, policies, or practices.

Effective the same date, Deere appointed Ryan D. Campbell as acting Chief Financial Officer and as principal financial and principal accounting officer on an interim basis, while it searches internal and external candidates for a permanent replacement. Campbell, age 51, currently serves as President, Worldwide Construction & Forestry and Power Systems and previously served as Deere’s Chief Financial Officer from March 2019 to May 2022.

Positive

  • None.

Negative

  • None.

Insights

Deere plans an orderly CFO transition, with an experienced former CFO stepping in on an interim basis.

Deere & Company reports that current CFO Joshua A. Jepsen will resign effective February 19, 2026. The company states his departure is not tied to any financial or accounting issue and not due to disagreement over operations, policies, or practices, which helps limit concern about underlying problems.

The board has appointed Ryan D. Campbell as acting Chief Financial Officer and principal financial and accounting officer starting on the same date. Campbell already leads Worldwide Construction & Forestry and Power Systems and previously served as CFO from March 2019 to May 2022, so he brings direct familiarity with Deere’s finance function during the interim period.

The company intends to conduct a search among internal and external candidates for a permanent CFO. The combination of an explicit statement about the reasons for Jepsen’s departure and the return of a prior CFO suggests a managed transition rather than a sudden disruption, though investors will likely pay attention to the eventual permanent appointee once disclosed in future company communications.

0000315189falseDEERE & CO0000315189us-gaap:CommonStockMember2026-01-202026-01-200000315189de:Debentures6.55PercentDue2028Member2026-01-202026-01-2000003151892026-01-202026-01-20

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report: January 20, 2026

(Date of earliest event reported)

DEERE & COMPANY

(Exact name of registrant as specified in its charter)

Delaware

1-4121

36-2382580

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

One John Deere Place

MolineIllinois 61265

(Address of principal executive offices and zip code)

(309) 765-8000

(Registrant’s telephone number, including area code)

___________________________________________________

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:

Title of each class

Trading symbol

Name of each exchange on which registered

Common stock, $1 par value

DE

New York Stock Exchange

6.55% Debentures Due 2028

DE28

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Item 5.02

Departure of Directors or Certain Officers, Election of Directors, Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 20, 2026, Joshua A. Jepsen notified Deere & Company (the “Company”), of his decision to resign as Senior Vice President and Chief Financial Officer of the Company effective as of February 19, 2026. Mr. Jepsen’s decision to leave the Company is not related to any financial or accounting issue or any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.

On January 21, 2026, the Company appointed Ryan D. Campbell to serve as acting Chief Financial Officer (principal financial officer and principal accounting officer) on an interim basis, effective February 19, 2026, until the Company appoints a permanent replacement. The Company intends to conduct a search of potential internal and external candidates to replace Mr. Jepsen.  

Ryan D. Campbell, age 51, has served as President, Worldwide Construction & Forestry and Power Systems of the Company since May 2022. He previously served as Senior Vice President, Chief Financial Officer of the Company from March 2019 to May 2022.

For information regarding Mr. Campbell’s compensation, refer to the section entitled “Executive Compensation Tables ‒ Fiscal 2025 Summary Compensation Table” in the Company’s most recent proxy statement on Form DEF 14A filed on January 14, 2026.

2

Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

DEERE & COMPANY

Dated: January 22, 2026

By:

/s/ Kellye L. Walker

Kellye L. Walker

Corporate Secretary

3

Deere & Co

NYSE:DE

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Farm & Heavy Construction Machinery
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