Deere & Company reported that on May 26, 2026, Dmitri Stockton notified the Board of Directors of the company that he would not stand for re-election as a director at the 2027 annual meeting of stockholders. Mr. Stockton's decision not to stand for re-election was not the result of any disagreement with the Company, its operations, policies, or practices. Mr. Stockton will serve the remainder of his current term, which expires at the Company's 2027 annual meeting.
Deere & Company specializes in the manufacturing and marketing of agricultural and forestry materials and equipment. Net sales break down by family of products as follows:
- agricultural and green space maintenance equipment (58.9%): tractors, harvesters, sprayers, motors, cutters and grinders, scrapers, irrigation equipment, handling equipment, brush-hogs, power mowers, etc.;
- construction and forestry equipment (24.4%): loaders, graders, tractors, excavators, cutter-chippers, forwarders, etc.;
- other (2.9%).
The remaining sales (13.8%) are from sales financing services (purchasing, leasing, etc.).
Net sales are distributed geographically as follows: the United States (52.5%), Western Europe (14.3%), Latin America (12.3%), Asia/Africa/Oceania/Middle East (9.3%), Canada (8.2%) and other (3.4%).
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