DE 8-K
Deere & Co (DE)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM |
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report:
(Date of earliest event reported)
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
(Address of principal executive offices and zip code)
(
(Registrant’s telephone number, including area code)
___________________________________________________
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:
Title of each class | Trading symbol | Name of each exchange on which registered | ||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 | Departure of Directors or Certain Officers, Election of Directors, Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On December 3, 2025, the Board of Directors (the “Board”) of Deere & Company (the “Company”) increased the size of the Board from 10 to 11 directors and elected Brian Sikes to the Board effective December 4, 2025. Mr. Sikes is the Chair, President and Chief Executive Officer of Cargill, Incorporated (“Cargill”) headquartered in Minnetonka, Minnesota. Cargill is a multinational producer and marketer of food, agricultural, and industrial products and services. Mr. Sikes has also been appointed as a member of the Compensation and Corporate Governance committees.
There are no arrangements or understandings between Mr. Sikes and any other persons pursuant to which Mr. Sikes was selected as a director. The Company is not aware of any related party transactions or relationships between Mr. Sikes’ and the Company that would require disclosure under Item 404(a) of Regulation S-K.
In addition, on December 3, 2025, Raj Kalathur notified the Board of his intention to retire as President, John Deere Financial and Chief Information Officer for the Company, effective January 31, 2026.
Item 7.01Regulation FD Disclosure.
On December 4, 2025, the Company issued a press release relating to Mr. Sikes’ appointment, a copy of which is attached hereto and incorporated by reference as Exhibit 99.1.
The information in this Item 7.01 is not filed for purposes of the Securities Exchange Act of 1934 and is not deemed incorporated by reference by any general statements incorporating by reference this report or future filings into any filings under the Securities Act of 1933 or the Securities Exchange Act of 1934, except to the extent the Company specifically incorporates the information by reference.
Item 9.01Financial Statements and Exhibits.
(d)Exhibits
Number | Description of Exhibit |
99.1 | |
104 | Cover Page Interactive Data File (the cover page XBRL tags are imbedded in the Inline XBRL document) |
2
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
DEERE & COMPANY | ||
Dated: December 4, 2025 | By: | /s/ Kellye L. Walker |
Kellye L. Walker | ||
Corporate Secretary | ||
3
Exhibit 99.1
News Release |
|
| |
Contact:
Jen Hartmann
Director, Public Relations
[email protected]
Cargill Chair and CEO Brian Sikes joins Deere & Company's Board of Directors
MOLINE, IL., December 4, 2025 — Deere & Company (NYSE: DE) today announced the appointment of Brian Sikes, board chair and chief executive officer of Cargill, to the company’s board of directors. Sikes leads one of the world’s largest privately held companies and is widely recognized for his strategic vision and dedication to advancing global food and agriculture.
“We’re delighted to welcome Brian to the Deere board,” said John C. May, chairman and chief executive officer of Deere & Company. “Brian’s decades of leadership at Cargill have given him a deep understanding of the agricultural value chain and the challenges faced by farmers and food producers worldwide. His commitment to innovation and sustainability will be instrumental as we continue to transform our business and deliver smarter, more sustainable solutions for our customers.”
Since joining Cargill in 1991, Sikes has served in numerous leadership positions within the company’s protein, food ingredients, and agricultural supply chain divisions. He assumed the roles of president and CEO in 2023, taking charge of Cargill’s operations across more than 70 countries, and was named chair of Cargill’s board of directors in 2024. Over the course of his career, he has been an advocate for farmers, food producers, and frontline workers, leading initiatives aimed at enhancing supply chain efficiency, promoting responsible management of natural resources, and utilizing technology and innovation to create long-term value for the industry.
He holds a Bachelor of Science degree in Agricultural Economics from Texas Tech University.
With Sikes’ appointment, the size of Deere’s board has increased to 11 members, 10 of whom are independent, non-employee directors.
About John Deere:
Deere & Company (www.JohnDeere.com) is a global leader in the delivery of agricultural, construction, and forestry equipment. We help our customers push the boundaries of what’s possible in ways that are more productive and sustainable to help life leap forward. Our technology-enabled products including John Deere Autonomous 8R Tractor, See & Spray™, and E-Power Backhoe are just some of the ways we help meet the world's increasing need for food, shelter, and infrastructure. Deere & Company also provides financial services through John Deere Financial. For more information on Deere & Company, visit us at www.deere.com/en/news/.
Company Use