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Deere’s New Strategy Focuses on ‘Smart Tech’

July 15, 2020 | Posted in Ag Equipment Business

When Sam Allen retired as chairman and CEO of Deere & Co. earlier this year, John May was named his successor. Last month May revealed the company’s new operating model, which is dubbed its “Smart Industrial” strategy.

How Close Has Deere Come to Reaching Sam Allen’s BHAG?

July 15, 2020 | Posted in Analysis & Commentary

In 2011, Samuel Allen, then CEO and chairman of Deere & Co., set the nearly doubling of the company's sales by 2018 as his Big Hairy Audacious Goal (BHAG). Allen retired earlier this year and while Deere fell short of his $50 billion vision, it has made solid progress in increasing overall company sales.

John May Elected President & COO of Deere & Co.; Cory Reed Named Worldwide Ag & Turf President

March 1, 2019 | Posted in Ag Equipment People

Moline-based Deere & Co. announced Friday that its Board of Directors has elected John C. May, 49, president and chief operating officer, effective April 1.

Deere's Allen: 'Today's Crop Surplus is Not Excessive'

January 1, 2016 | Posted in Data & Trends, Equipment & Equipment Sales

Addressing the question, “When do you see a rebound in store for the agricultural sector?” Samuel Allen, Deere & Co. chairman and CEO, said in the company’s 2015 Annual Report, “Nobody knows the answer, but we do know the current downturn is about too much supply, not too little demand.

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AGCO Aims for $2 Billion in Precision Ag Business by 2029

In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.

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