Deere & Company announced that its board of directors has elected Rajesh (Raj) Kalathur, 53, to the additional role of Chief Financial Officer, effective May 31, 2022. His areas of responsibility as CFO include accounting and reporting, treasury, taxes, internal audit, strategy and business development, sustainability, and investor relations. He also served as the Company's Chief Information Officer from 2018-2022.

His CIO responsibilities will now be led by Ganesh Jayaram who has been appointed as the Chief Information Officer, effective May 31, 2022. He will retain his present duties for John Deere Financial and have continued oversight for information technology. Following the effectiveness of the election, Mr. Kalathur will hold the roles of President, John Deere Financial and Senior Vice President, Global Information Technology and Chief Financial Officer.

Mr. Kalathur replaces Ryan D. Campbell, who has been elected by the Board to the position of President, Worldwide Construction & Forestry and Power Systems. Mr. Kalathur has served as the President of John Deere Financial since 2019. Prior to these roles, he served as the Company's Chief Financial Officer from 2012-2019. Mr. Kalathur joined the Company in 1996 and has held positions with increasing responsibilities in finance, business development, logistics, operations, and marketing before becoming a member of the senior leadership team in 2012.