Deere & Company (NYSE: DE) announced that its board of directors elected Brent Norwood as senior vice president and chief financial officer, effective May 1. Norwood, 44, was selected following an internal and external search process.

Norwood brings more than 20 years of experience at Deere and in the financial industry. Since 2023, he served as vice president and finance director for the company's Construction and Forestry division and John Deere Power Systems, overseeing financial planning, forecasting, capital budgeting and strategic investments.

During his tenure at Deere, Norwood participated in the company's acquisitions of Wirtgen and Blue River Technology. He also contributed to the development of Deere's Smart Industrial strategy and Leap Ambitions initiatives. Institutional Investor recognized him as the top investor relations professional in the machinery sector.

Before joining Deere, Norwood worked in the investment industry with experience in capital markets, equity research and principal investing related to mergers and acquisitions, leveraged buyouts and capital projects.

"Brent is a proven leader with deep financial expertise, strong strategic judgment, and a disciplined approach to capital allocation," said John C. May, chairman and chief executive officer of Deere & Company. "His experience and perspective will be critical as we execute our strategy and deliver long‑term value for our shareholders."

The appointment was announced in a company press release.