Deere Company has announced that its Board of Directors has elected Brent Norwood as senior vice president and chief financial officer, effective May 1. The company said the appointment follows both an internal and external search along with a detailed review process to identify the best candidate for the leadership role.
Norwood, 44, brings more than 20 years of experience in finance and business leadership at Deere and within the financial industry. Company officials believe his strong financial background and leadership experience will help support Deere’s future growth plans and long-term business goals.
“Brent is a proven leader with deep financial expertise, strong strategic judgment, and a disciplined approach to capital allocation,” said John C May, chairman and chief executive officer of Deere & Company. “His experience and perspective will be critical as we execute our strategy and deliver long-term value for our shareholders.”
Since 2023, Norwood has served as vice president and finance director for Deere’s Construction and Forestry division and John Deere Power Systems. In this role, he oversees financial planning, forecasting, capital budgeting, strategic investments, and financial analysis for the business units.
Norwood first joined Deere as a program manager. During his career with the company, he also worked in global marketing operations, investor relations, and corporate business development. These roles helped him gain broad experience across multiple areas of the company’s operations and long-term planning efforts.
During his time at Deere, Norwood played an important role in major company acquisitions, including Wirtgen and Blue River Technology. He also helped support the early development of Deere’s Smart Industrial strategy and Leap Ambitions initiative, which focuses on improving sustainability, technology, and customer value.
Norwood also earned recognition from Institutional Investor for leading one of the top investor relations programs in the machinery industry. Before joining Deere, he worked in the investment industry with experience in capital markets, equity research, mergers and acquisitions, leveraged buyouts, and major capital projects.
Company leaders said Norwood’s appointment reflects Deere’s continued focus on financial strength, innovation, and long-term success for customers, employees, and shareholders.
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