Summary
Deere & Company (DE) announced a significant leadership change in its finance department via an 8-K filing on January 22, 2026. Joshua A. Jepsen has resigned from his position as Senior Vice President and Chief Financial Officer, with his departure effective February 19, 2026. The company has stated that Mr. Jepsen's decision is not linked to any financial or accounting improprieties or disputes regarding the company's operations or policies, providing some reassurance to investors regarding the underlying financial health. In response to this transition, Deere & Company has appointed Ryan D. Campbell as the interim Chief Financial Officer, effective also on February 19, 2026. Mr. Campbell brings considerable experience to this role, having previously served as the company's CFO from March 2019 to May 2022, and most recently as President of Worldwide Construction & Forestry and Power Systems since May 2022. The company has indicated that a search for a permanent CFO replacement is underway, encompassing both internal and external candidates.
Key Highlights
- 1Joshua A. Jepsen resigns as Senior Vice President and Chief Financial Officer, effective February 19, 2026.
- 2The resignation is stated to be unrelated to any financial or accounting issues or disagreements.
- 3Ryan D. Campbell appointed as interim Chief Financial Officer, effective February 19, 2026.
- 4Ryan D. Campbell previously served as CFO from March 2019 to May 2022.
- 5The company is initiating a search for a permanent CFO replacement.
- 6The filing confirms no adverse financial or operational reasons for the CFO's departure.