Deere Appoints Brent Norwood as CFO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 01 2026
0mins
Should l Buy DE?
Deere announced that its board of directors has elected Brent Norwood as senior vice president and chief financial officer, effective May 1. Norwood's appointment follows an internal and external search. Norwood has more than 20 years of experience at Deere and in the financial industry. Since 2023, he has served as vice president and finance director for the company's construction and forestry division and John Deere Power Systems, with responsibility for financial planning and analysis, forecasting, capital budgeting, and strategic investments.
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Analyst Views on DE
Wall Street analysts forecast DE stock price to fall
15 Analyst Rating
8 Buy
7 Hold
0 Sell
Moderate Buy
Current: 580.540
Low
458.00
Averages
514.25
High
560.00
Current: 580.540
Low
458.00
Averages
514.25
High
560.00
About DE
Deere & Company is engaged in the delivery of agricultural, construction and forestry equipment. Its segments include production and precision agriculture (PPA), small agriculture and turf (SAT), construction and forestry (CF), and financial services (FS). PPA segment defines, develops and delivers global equipment and technology solutions for production-scale growers of large grains, small grains, cotton and sugarcane. SAT segment defines, develops and delivers global equipment and technology solutions for dairy and livestock producers, high-value and small acreage crop producers, and turf and utility customers. CF segment defines, develops and delivers a range of machines and technology solutions organized along the earthmoving, forestry and roadbuilding production systems. FS segment finances sales and leases by John Deere dealers of new and used production and precision agriculture equipment and others. Its products include John Deere Autonomous 8R Tractor and E-Power Backhoe.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Access Information: Investors can access the earnings call via Deere's website at www.JohnDeere.com/earnings, with a recorded version available afterward for stakeholders who cannot participate live, enhancing accessibility to critical information.
- Financial Information Availability: In addition to the call, investors can obtain Deere's earnings release, other financial data, and the earnings call presentation at the same link, ensuring a comprehensive understanding of the company's financial health and future outlook.
- Company Background: Founded nearly 200 years ago, Deere & Company emphasizes its role in driving innovation across agriculture, construction, and forestry, highlighting its significant contribution to global food, fiber, fuel, and infrastructure production, showcasing its extensive market influence.
See More
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- Financial Information Access: Investors can access the earnings release, financial information, and call presentation on Deere's website, ensuring transparency and providing essential financial data support for stakeholders.
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See More
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- Technical Analysis Tool: Comparing the latest stock price to the 200-day moving average can provide valuable insights for investors, aiding in market trend assessment and potential buying opportunities.
- ETF Trading Mechanism: Exchange-traded funds (ETFs) trade like stocks, where investors buy and sell 'units' that can be created or destroyed based on demand, impacting liquidity and market performance.
- Inflows and Outflows Monitoring: Weekly monitoring of changes in ETF shares outstanding focuses on those experiencing notable inflows (new units created) or outflows (old units destroyed), assessing their impact on underlying assets and market sentiment.
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