Deere & Company named Samuel R. Allen president, chief operating officer, and a member of the board of directors. Robert W. Lane, 59, chairman and CEO, will serve as chairman of the board until Allen's expected succession as chairman.
Allen has been president of the Worldwide Construction & Forestry Division since 2005 and has been responsible for the global operations of the Deere Power Systems Group since 2003. Allen has served since 2001 as a senior officer of the company with early senior leadership responsibilities in human resources and industrial relations and the oversight of John Deere Credit's global operations.
In addition, James M. Field, who until recently served as president of the Worldwide Commercial and Consumer Division and before that as vice president and comptroller of Deere & Company, was named senior vice president and chief financial officer.
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