Deere & Company announced that its board of directors elected Joshua A. Jepsen, 44, as its Senior Vice President (CFO), effective September 16, 2022. Mr. Jepsen replaces Rajesh Kalathur, who will continue as President of John Deere Financial and resume the position of Chief Information Officer for the company. Mr. Jepsen has served as the company's Deputy Financial Officer since March 2022.

Prior to this role, he served as Director, Investor Relations from 2018 to 2022, and Manager, Investor Communications from 2015 to 2018. Mr. Jepsen joined the Company as an intern in 1999 and started his career with the company in 2001 as an internal auditor. He has held various domestic and international positions with the company, each with increasing responsibilities in finance, accounting, and operations, before becoming a member of the senior leadership team in 2022.