MOLINE, ILL. — Deere and Company announced its board of directors has elected Josh Jepsen as senior vice-president and chief financial officer (CFO) effective Sept. 16.
Jepsen succeeds Raj Kalathur, who will continue as the president of John Deere Financial and as chief information officer.
“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. 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,” Deere & Company chairman and CEO John C. May said.
Jepsen has been with Deere for 23 years in a range of accounting and financial-analysis roles across the company’s manufacturing and North American sales and marketing operations. He was also the manager of commercial operations outside the United States and Canada for Deere’s construction and forestry division.
Jepsen also joined Deere’s investor relations team in 2015 and became director of investor relations in 2018.