Short answer
Deere & Company (DE) filed an 8-K current report with the SEC on May 1, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers), Item 7.01 (Regulation FD Disclosure), Item EX-99.1 (Exhibit EX-99.1). T. Brent Norwood becomes Deere’s CFO and principal accounting officer effective May 1, 2026.
Deere & Company 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- T. Brent Norwood becomes Deere’s CFO and principal accounting officer effective May 1, 2026
- Internal succession from acting CFO Ryan Campbell, who remains President of Construction & Forestry and Power Systems
- Norwood’s annualized salary set at $925,000 with 100% base-salary short-term incentive target
- One-time award of 8,809 performance-based PSUs, subject to goals and vesting through October 27, 2030
- Appointment adds continuity through an internal finance and investor-relations executive with no disclosed related-party concerns
Item 7.01 · Regulation FD Disclosure
- Standard Regulation FD disclaimer language governing incorporation of the disclosure into future Securities Act or Exchange Act filings
Item EX-99.1 · Exhibit EX-99.1
- Brent Norwood appointed CFO effective May 1, 2026, following internal and external search
- Internal successor with more than 20 years at Deere, reducing transition risk
- Finance leadership experience spans capital budgeting, forecasting, strategic investments, and investor relations
- Prior involvement in Wirtgen and Blue River Technology acquisitions supports Deere’s capital-allocation strategy
- CFO transition is material for oversight of Smart Industrial strategy and shareholder returns
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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