Homepage  Homepage     Search on site  Search on site     To write the letter  To write the letter     Site map  Site map
Agro Perspectiva
We are on: 
   

Photoblog

 


Home > News

Allen elects to retire as Deere Board chairman May 1st

04.03.2020 14:20 "Agro Perspectiva" (Kyiv) Ч After a 45-year career of distinction and achievement, Samuel R. Allen has elected to retire May 1 from his current position as chairman of the Deere & Company Board of Directors.

The Deere board has elected John C. May, the company’s chief executive officer, to become chairman upon Allen’s retirement. The actions are another step in the company’s systematic process of leadership transition.

Allen has been chairman of the board of directors since 2010 and served as the company’s chief executive officer from 2009 to 2019. May was named CEO in November 2019.

«As a result of Sam’s leadership and vision, John Deere has developed a more dynamic business model and is uniquely positioned to capitalize on the demographic and technological trends that are defining the future of our businesses,» said May.

Allen led the company to record growth and success. Over his decade of leadership, the company expanded its customer base, increased its global footprint, and made major gains in innovation and precision technologies.

«This was also a time of unmatched financial success which included nine of the ten highest-earning years in company history,» May said.

«One of the most significant developments of the period was the emergence of precision technologies as a major factor in our industries. Sam established the Intelligent Solutions Group in 2012 to develop these technologies and help bring them to market,» May added. «Today products equipped with these advanced capabilities are making our customers far more productive while helping reshape Deere as a smart industrial company.»

Allen is also credited with his emphasis on responsible corporate citizenship. During his tenure as chief executive, the company’s investment in philanthropic activities more than doubled, to some $38 million annually. During this time, Deere also launched the global employee-volunteerism program, which has recorded nearly one-million hours of volunteer service since its start in 2010.

Allen joined Deere as an industrial engineer in 1975 after graduating from Purdue University. In 2001, Allen joined the company’s senior management team as senior vice president for human resources and industrial relations. Two years later, he was named president of financial services, power systems, and human resources.

Then in 2005, Allen became president of Deere’s construction and forestry and power systems businesses. He was elected president and chief operating officer and a member of the board of directors in June 2009 and became Deere’s ninth chief executive officer in August of that year.

May joined the board in August of 2019 and became Deere’s tenth chief executive officer in November.

«As chairman, John will lead the board with the collaborative style and strategic, operating, and technical skills so capably demonstrated over his 23-year career with Deere,» said Allen.

May joined Deere in 1997 and became part of the senior management team in 2012 as president of agricultural solutions and chief information officer. In 2018, he was named president of the Worldwide Agriculture & Turf Division, with responsibility for the Americas and Australia; the global harvesting, turf and utility, and crop care platforms; and intelligent-solutions group.

Deere & Company (www.JohnDeere.com) is a world leader in providing advanced products and services for customers whose work is linked to the land — those who cultivate, harvest, transform, enrich and build upon the land to meet the world’s increasing need for food, fuel, shelter and infrastructure.

Agro Perspectiva

< Japan: Dairy Certificate Updated to Satisfy New Food Safety Law All news for
04.03.2020
World food prices drop in February >

26.05.2020  
10:22 EBRD provides EUR3 million loan to Ukrainian cereal producer
22.05.2020  
18:25 Forecast for Ukraine's GDP fall by 4.8% in 2020 maintained Ц Economy minister
21.05.2020  
18:14 New Zealand. Apple production expected to reach a record level of 593,000 metric tons
17:40 Ukrzaliznytsia sees UAH 7 bln of loss in Q1 2020
17:38 EBRD provides 60 million USD for Fozzy Group expansion
19.05.2020  
09:50 Ukraine's GDP 1.5% down in Q1, 2020 Ц statistics
18.05.2020  
15:50 Global rice area is forecast to rise in 2020/2021
13.05.2020  
10:53 Record Corn, Wheat, and Rice Crops Build Stocks in 2020/21 - USDA
09:10 Ukraine GDP will contract by 4.5 per cent in 2020
12.05.2020  
10:30 Kazakhstan. Wheat production is expected to recover in MY 2020/21 to 13.5 MMT
07.05.2020  
16:50 Bunge reported first quarter 2020 results: Q1 GAAP EPS of $(1.46) vs. $0.26 in the prior year
15:40 Global food commodity prices drop further in April
05.05.2020  
20:10 AGCO. Net sales dropped by 3.4% in the first quarter
18:18 Export Forecasts Lowered for Beef & Chicken in 2020
17:35 Deficit of national budget totals UAH 23.5 bln in Jan-April Ц Finance ministry
17:10 EU sugar production in MY 2020/2021 is forecast to increase to 17.7 million MT
16:30 AGCO Appoints Wolfgang Kirsch to its Board of Directors
10:30 CNH Industrial announces a progressive resumption of manufacturing operations
04.05.2020  
17:25 COVID-19: Using economic stimulus to reduce the long-term hunger impact
15:45 Cabinet approves criteria allowing food markets to resume their operation
15:25 Deficit of Ukraine's consolidated balance of payment totals $1.8 bln in March
02.05.2020  
14:05 BASF GroupТs sales in the first quarter of 2020 increased to И16.8 billion
30.04.2020  
11:35 Kazakhstan: First and Second Stage 2020 Meat TRQs for Kazakhstan
10:05 BASF Group withdraws outlook for 2020 business year
28.04.2020  
18:50 Netherlands: Impact of COVID 19 on the Dutch Potato Industry
24.04.2020  
21:45 Ukraine's economy ministry revises downwards grain forecast for 2020 to 60 mln tonnes due to lack of moisture, pandemic
21:15 Economy ministry plans to restrict export of Ukrainian corn to 29.3 mln tonnes, UGA opposes this decision
09:33 EBRD launches Vital Infrastructure Support Programme
09:31 EBRD targets coronavirus financing of EUR21 billion through 2021
22.04.2020  
18:20 Assessing El NiñoТs impact on fisheries and aquaculture around the world
17:25 FAO urges at G20 meeting protection of food supply chains amid COVID-19 threat
17:20 Australia. Wheat production is forecast at 23 MMT in MY 2020/21
17:15 Global Report on Food Crises reveals scope of food crises as COVID-19 poses new risks to vulnerable countries
16.04.2020  
13:55 Some 60% of Ukrainians not support land sale law, 46% against cooperation with IMF Ц social survey
13:05 IMF to help Ukraine, several issues left to approve EFF Ц IMF official
14.04.2020  
17:10 Romania Suspends Grain and Oilseed Exports to Non-EU Markets
13.04.2020  
18:35 Rada updates 2020 national budget due to COVID-19 spread, deficit raised from 2.1% to 7.5% of GDP
14:15 Chicken Meat. The forecast for global chicken meat production is revised 2 percent lower to 100.5 million tons
10.04.2020  
17:00 COVID-19 Upends Global Protein Markets
10:35 Record Global Supplies for Wheat and Rice
09.04.2020  
12:21 The Russian Government decided to impose a quota limiting exports of certain grains in the amount of 7MMT
07.04.2020  
12:21 India is heading for a fourth consecutive record wheat harvest
06.04.2020  
21:15 Finance ministry hopes to receive up to $5 bln from IMF to national budget
03.04.2020  
15:30 China: Update to the Export Process for US Pork and Pork Products
15:05 National budget receipts target met by 90% in March
02.04.2020  
16:00 World food prices drop in March
15:50 Polish chicken meat production will reach 2.2 MMT in 2020
01.04.2020  
13:00 Covantis launches as legal entity, announces CEO and executive appointments
31.03.2020  
14:40 Poland. First Large 2020 ASF Outbreak Hits Commercial Farm Near German Border
13:30 Rada adopts law on farmland market opening in Ukraine from July 1, 2021

Also available: 

Agrarian Week in digital



READ ON-LINE




NewsNews - News - News - News - News - News
BriefWeekly Reports - Free article
SubscriptionTariff - News&Reports
AdvertisingMagazine - Site
ConferencesForum AGRO-2013 - DAIRY WORLD-2008 - FERTILIZERS-2010
Statistics
For our clientsAgroNewsDaily - Ukrainian Grain&Oilseed Market - Fertilizers - Milk Monthly - Milk Weekly
About usAbout project - Contact
2002 -2020 © Agrarika, ltd.
tel.: +38 (044) 486-9171, 486-8119
fax: +38 (044) 486-8830, 494-4889
e-mail: info@agroperspectiva.com