MOLINE, Ill., May 31, 2013 /CNW/ - Deere & Company (NYSE: DE) today announced
that Gregory R. Page has been elected to its board of directors, effective
June 1. He is chairman and chief executive officer of Cargill, Inc., an
international producer and marketer of food, agricultural, financial and
industrial products and services. Based in Minneapolis, Minnesota, the
privately-held company employs about 140,000 people in 65 countries and has
annual sales of more than $130 billion.
"As the leader of a global enterprise with a long record of success in the
agricultural and food sectors, Greg brings a breadth of valuable experience to
Deere as it addresses the world's growing need for food, fuel and feed," said
Samuel R. Allen, Deere's chairman and chief executive officer. "His insight
and deep knowledge of the agricultural value chain are sure to make important
contributions to our company. We are pleased he has agreed to join the Deere
Page was named Cargill's chief executive officer in June 2007 and chairman of
the board of directors later that year. Earlier he served in a number of
leadership roles at the company including president and chief operating
officer and corporate executive vice president. His background, which spans
nearly 40 years with the Cargill organization, includes assignments in
Singapore and Thailand.
Under Page's leadership, Cargill has seen significant growth and increasingly
focused its operations on innovation and higher-value products. As well, Page
has been a forceful advocate of his company's longstanding commitment to
ethical business practices and responsible corporate citizenship.
Page grew up in Bottineau, North Dakota and earned a degree in economics from
the University of North Dakota. He is a member of the boards of directors of
Eaton Corporation and Carlson Companies. Page also is a national board member
and former board chairman of Big Brothers Big Sisters of America.
With Page's election, Deere & Company's board totals 12 members, 11 of whom
are not employees of the company. They are listed below:
-- Crandall C. Bowles, Chairman, Springs Industries, Inc. and
Chairman, The Springs Company;
-- Vance D. Coffman, Retired Chairman, Lockheed Martin
-- Charles O. Holliday, Jr., Chairman of the Board, Bank of
-- Dipak C. Jain, Professor of Marketing, INSEAD;
-- Clayton M. Jones, Chairman<s> </s>and Chief Executive Officer,
Rockwell Collins, Inc.;
-- Joachim Milberg, Chairman, Supervisory Board, Bayerische
Motoren Werke (BMW) AG;
-- Richard B. Myers, Retired Chairman, United States Joint Chiefs
of Staff and Retired General, United States Air Force;
-- Thomas H. Patrick, Chairman, New Vernon Capital, LLC;
-- Aulana L. Peters, Retired Partner, Gibson, Dunn & Crutcher LLP;
-- Sherry M. Smith, Executive Vice President and Chief Financial
Officer, Supervalu, Inc.
Deere & Company is a world leader in providing advanced products and services
and is committed to the success of those whose work is linked to the land –
those who cultivate, harvest, transform, enrich and build upon the land to
meet the world's dramatically increasing need for food, fuel, shelter and
infrastructure. Since 1837, John Deere has delivered innovative products of
superior quality built on a tradition of integrity. For more information,
visit John Deere at its worldwide website at www.JohnDeere.com.
Ken Golden, Director, Global Public Relations, 309-765-5678
SOURCE: Deere & Company
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