Deere & Company announced that its Board of Directors has elected Samuel R. Allen as chairman of the board, effective at the conclusion of the Feb. 24, 2010, annual meeting of stockholders. Allen will continue as Deere & Company president and CEO.
Allen is a 34-year veteran of Deere. Allen has served as a senior officer at Deere since 2001, was president of the Worldwide Construction & Forestry Division and also led John Deere Power Systems, John Deere Credit's global operations, and Deere's global human resources and labor relations.
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