Deere & Company Appoints Former EY U.S. CEO Julie Boland to Board of Directors

Executive Summary

On November 2, 2026, Deere & Company (NYSE: DE) filed a Form 8-K reporting that its Board of Directors voted to increase the board size from 10 to 11 members and appointed Julie Boland as an independent director, effective immediately.

Key Event Details

• Appointee: Julie Boland
• Role: Director; appointed to the Compensation Committee and Finance Committee.
• Background: Former U.S. Chief Executive Officer and Managing Partner, as well as Americas Managing Partner, at Ernst & Young LLP (EY). Previously served as CFO for both public and private corporations and worked in global investment banking at J.P. Morgan & Co. and Goldman Sachs.
• Compensation: Ms. Boland will participate in the standard non-employee director compensation program as detailed in the company's January 14, 2026 proxy statement, including an automatic initial grant of 92 Restricted Stock Units (RSUs) on the effective date of appointment.
• Related Transactions: No Item 404(a) related-party transactions or arrangement-based appointments were reported.

Market and Governance Assessment

This governance change strengthens Deere's board oversight in corporate governance, accounting, and capital allocation. Because this constitutes a routine addition of an independent director with standard initial equity compensation, the market impact is anticipated to be negligible.