Deere Announces Senior Management Changes

Posted on January 5, 2006

Deere & Co. has announced the appointment of two new senior officers and new assignments for three members of its senior management team.

The two new senior officer assignments include James A. Israel becoming president, John Deere Credit. Israel had been vice president for marketing and product support for John Deere agricultural equipment in Europe, Africa, Middle East and has been with Deere since 1979.

Michael J. Mack, Jr. becomes senior vice president and chief financial officer. He was most recently vice president and treasurer and has been with Deere since 1986.

The new assignments for three current senior officers include David C. Everitt becoming president, Agricultural Division - North America, Australia, Asia and Global Tractor and Implement Sourcing. He had been president of Deere's agricultural operations in Europe, Africa and the Middle East. He started with the company in 1975.

H.J. Markley becomes president, agricultural equipment division - Europe, Africa, South America and Global Harvesting Equipment Sourcing. He was president of Deere's agricultural operations in North America, Australia and Asia. He joined Deere in 1974.

Nathan J. Jones is the new president of Deereā€™s, Worldwide Commercial & Consumer Equipment Division. He was chief financial officer for the last eight years and has been with Deere since 1978.

Deere said the changes, in part, are the result of the planned retirements of John J. Jenkins as president, Worldwide Commercial & Consumer Equipment Division, and Jon D. Volkert who is retiring as president, John Deere Credit.