Deere & Co CFO Resigns; Former CFO Ryan Campbell Appointed Interim
Summary
Deere & Co announced the resignation of CFO Joshua A. Jepsen, effective February 19, 2026, and the appointment of former CFO Ryan D. Campbell as interim CFO.
Key Events
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CFO Resignation
Joshua A. Jepsen notified Deere & Company of his decision to resign as Senior Vice President and Chief Financial Officer, effective February 19, 2026.
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No Disagreements Stated
Mr. Jepsen's decision to leave is not related to any financial or accounting issues or disagreements with the company's operations, policies, or practices.
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Interim CFO Appointed
Ryan D. Campbell, who previously served as the company's CFO from March 2019 to May 2022, was appointed as acting Chief Financial Officer on an interim basis, effective February 19, 2026.
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Search for Permanent Replacement
The company intends to conduct a search for potential internal and external candidates to replace Mr. Jepsen permanently.
Analysis
The departure of a Chief Financial Officer is a significant executive change, but the company explicitly stated that Mr. Jepsen's resignation is not related to any financial or accounting issues. The appointment of Ryan D. Campbell, who previously served as CFO for Deere & Co, as interim provides strong continuity and experienced leadership during the search for a permanent replacement. This managed transition is likely to mitigate potential market concerns.
At the time of this filing, DE was trading at $522.38 on NYSE in the Technology sector, with a market capitalization of approximately $141.3B. The 52-week trading range was $404.42 to $533.78. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.