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: 
   
 


Home > News

Allen elects to retire as Deere Board chairman May 1st

04.03.2020 14:20 "Agro Perspectiva" (Kyiv) 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 >

04.03.2021  
12:33 BASF achieved its 2020 Palm Commitment
01.03.2021  
11:43 BASF Group: Strong performance in Q4 2020 due to higher volumes and prices
16.02.2021  
11:05 Kernel asks AMCU for permission to buy CascadeAgro, 12 more farms of Khomutynnik
13.02.2021  
18:36 Ukraine: EIB provides 320 million EURO for COVID-19 vaccines and improvements in operational resilience at Boryspil International Airport
11.02.2021  
09:47 Soybean Buyers Turn Attention to Brazils 2021 Harvest
29.01.2021  
11:15 Global orange production for 2020/21 is forecast to rise 3.6 million MT from the previous year to 49.4 million
28.01.2021  
15:20 USDA attache increased its estimate for South Africas 2020/21 MY total corn crop by 14% to 16 million tons
26.01.2021  
17:10 Economy Ministry announces market agreement to limit corn export from Ukraine in 2020/2021 MY to 24 mln tonnes
13:33 China Lowers Applied MFN Tariff Rates and Revises Out of Quota TRQ Rates
21.01.2021  
11:28 Ukraine plans to return to sending IMF borrowing into NBU FX reserves by 2023 Finance minister
09:15 Honey exports from Ukraine increase in monetary terms by 27.2% in 2020
20.01.2021  
21:25 Agricultural production in Ukraine falls by 11.5% in 2020 statistics
21:17 Ukraine increases imports of chocolate by 25.7%, coffee by 15.4% in 2020
13.01.2021  
17:25 China Demand and Global Supply Concerns Drive U.S. Soybean Price Higher
16:30 China Meat Consumption Expected to Rebound in 2021
10:50 Despite Grain Export Restrictions, Russia to Reclaim Top Wheat Export Position
31.12.2020  
16:37 2020 in review: Focus on staff well-being drives FAO forward
15:36 Sustainabilitys influence on chocolate purchase decisions continues to grow, Cargill study finds
13:35 Malaysia. Palm oil (CPO) production forecast - 19.6 million MT
28.12.2020  
15:09 Serbias total area wheat crop is estimated at 600,000 ha
14:10 India. Winter temperatures this coming December through February, along with precipitation will be critical
24.12.2020  
17:15 Make #NotWasting food a personal resolution
16:15 Two cases of HPAI on duck farms in France threatening the foie gras industry
22.12.2020  
21:25 Philip Morris files suit against Ukraine in intl investment arbitration due to AMCU penalty
21:00 FAO moves to scale up response to Fall Armyworm as pest continues to spread
17.12.2020  
17:15 Global Environment Facility approves over $78 million to support FAO-led projects
16:38 Desert Locust upsurge continues to threaten food security in Horn of Africa and Yemen despite intense efforts
11.12.2020  
15:55 India Tariff Cut Boosts Palm Oil Imports
13:31 Global Wheat Prices Supported by Record Global Imports
08.12.2020  
13:00 Jose Carlos Corral Montilla appointed to Managing Director of BTC Europe
12:10 Chile. Avocado exports will reach 145,000 MT, assuming planted area and productivity remain unchanged
07.12.2020  
15:30 Cargill, IFPEN and Axens collaborate to advance lactic-to-acrylic-acid technology
04.12.2020  
14:15 World 2020 cereal production forecast reduced further
13:50 FAO Food Price Index rises sharply
13:25 EBRD supports Ukrainian pet food producer Kormotech
03.12.2020  
16:10 Thailand: Rice export prices increased 1-3 percent
16:05 FAO and partners advocate for inclusive food systems to combat rural poverty
01.12.2020  
14:05 Draft state budget for 2021 submitted to Rada for consideration at second reading
30.11.2020  
15:10 Belgian Regains African Swine Fever-Free Status
29.11.2020  
01:20 HPAI Detected in Commercial Turkey Flock in Sweden
25.11.2020  
13:50 Poland has been the EUs largest turkey meat producer since 2017
12:01 Global 2020/21 Sugar Production is Estimated Higher United States, India, and Brazil Up 10 to 40 Percent
10:50 HPAI Detected in Commercial Flock in Denmark
23.11.2020  
17:10 FAO urges G20 to support farmers, protect the vulnerable and invest in innovation
18.11.2020  
17:00 Decline of Ukraine's GDP slows to 3.5% in Q3, 2020 statistics
16:35 Bulgarian grain trading has been slower than the previous season
12.11.2020  
12:21 Bosch and BASF establish joint venture for digital technologies in the agricultural sector
08:50 Lower Sunflower Seed Production in Ukraine and Russia Tightens Global Oilseed Supplies
10.11.2020  
17:00 Global almond production for 2020/21 is forecast 15 percent higher to 1.7 MMT
09.11.2020  
10:48 Despite a cut in world cereal production, this years forecast output remains an all-time high

Also available: 


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 -2021 © Agrarika, ltd.
tel.: +380 44 4868119; +380 44 5934540
e-mail: client@agroperspectiva.com