Council on Competitiveness Names Deere (DE) CEO as Chairman by the Executive Committee

January 15, 2010 11:14 AM EST

The Council on Competitiveness announced today that Samuel R. Allen, President & CEO of Deere & Company (NYSE: DE), has been elected Chairman by the executive committee. Allen succeeds Charles O. Holliday Jr., retired Chairman of DuPont, who will become the Council's Chairman Emeritus.

"We are thrilled to have such a highly respected business leader join the Council in its mission to ensure prosperity in America. Deere & Company has remained a model for competitiveness by working around the world to improve the productivity of its customers and the lives of the people they serve," said Council President and CEO Deborah L. Wince-Smith. "Under Mr. Allen's guidance, the Council is poised to continue its critical work maintaining and enhancing U.S. competitiveness throughout the 21st century."

The Council on Competitiveness' executive committee also voted Applied Materials, Inc. Chairman, President & CEO Michael R. Splinter to be Vice Chair for Industry and ULLICO Inc. Chief Executive Officer Edward J. McElroy as Labor Vice Chair. Shirley Ann Jackson, President of Rensselaer Polytechnic Institute, will remain the University Vice Chair.

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