- Deere & Co (NYSE:DE) has elected Raj Kalathur as its Chief Financial Officer. He will retain his present duties for John Deere Financial and have continued oversight for information technology.
- Kalathur replaces Ryan Campbell, who has been elected by the Board to the position of President, Worldwide Construction & Forestry and Power Systems. Campbell is succeeding John Stone, who is leaving the company.
- Kalathur has served as the President of John Deere Financial since 2019. He also served as the company’s Chief Information Officer from 2018-2022. Prior to these roles, he served as the company’s CFO from 2012-2019.
- Kalathur's CIO responsibilities will now be led by Ganesh Jayaram, who has been appointed as the Chief Information Officer, effective May 31.
- Price Action: DE shares are trading lower by 0.23% at $359.89 on the last check Tuesday.
