Deere elects Josh Jepsen as new CFO

Josh Jepsen was elected by the Deere & Company Board of Directors to serve as Senior Vice President and Chief Financial Officer of the company beginning September 16, 2022.

MOLINE — Deere & Company announced that its board of directors elected Josh Jepsen, 44, as the senior vice president and chief financial officer.

Jepsen succeeds Raj Kalathur, who will continue as president, John Deere Financial, and chief information officer.

Jepsen has been with Deere for 23 years, serving in various accounting and financial-analysis roles across the company’s manufacturing and North American sales and marketing operations. He was also manager of commercial operations outside the United States and Canada for the company’s construction and forestry division. In addition, he served as controller for the Asia Pacific and Africa region, based in Singapore.

“Josh’s broad range of financial and operational experience, along with his strong knowledge of our business and our Smart Industrial operating model, have prepared him well to serve as chief financial officer,” said John C. May, chairman and chief executive officer of Deere & Company.

“He’s additionally established a strong record as an insightful leader, a champion of diversity, equity, and inclusion, and a proven cultivator of talent, all which will serve us well as we continue to focus on executing our strategy and delivering increased value to our stakeholders.”