On November 2, 2026, Deere & Co. announced a significant change in its Board of Directors, appointing Julie Boland as a new member. This decision increases the Board's size from ten to eleven directors, reflecting the company's ongoing efforts to strengthen its leadership team.

Boland brings a wealth of experience to the Board, having previously served as the U.S. CEO and Managing Partner of Ernst & Young LLP (EY). Her extensive background in executive leadership, financial reporting, and corporate governance positions her as a valuable asset to Deere as it navigates the competitive landscape of the farm machinery and equipment industry.

The appointment of Boland is particularly noteworthy given her previous roles at EY, where she held various leadership positions since 2010, including Vice Chair and Central Region Managing Partner. Her experience also includes serving as Chief Financial Officer for both public and private companies and working in global investment banking at J.P. Morgan & Co. and Goldman Sachs.

Deere's Board believes that Boland's expertise will provide critical insights into financial and strategic decisions, enhancing the company's governance framework. She will also serve on both the Compensation Committee and Finance Committee of the Board.

Boland's compensation will align with that of other non-employee directors, which includes an automatic grant of 92 Restricted Stock Units upon her appointment. The company has confirmed that there are no arrangements or understandings that influenced her selection as a director, nor are there any related party transactions requiring disclosure.

In addition to the Board appointment, Deere issued a press release on the same day to announce Boland's joining the company, further highlighting its commitment to transparency and communication with stakeholders.

The filing does not specify what happens next, but Boland's addition to the Board is expected to influence Deere's strategic direction moving forward.