Deere & Company filed a Form 8-K on November 2, 2026, disclosing that its Board of Directors expanded from ten to eleven members and appointed Julie Boland as a director effective immediately.

Key Highlights

  • Board expansion: The Board increased its size from ten to eleven directors to accommodate the new appointment.
  • New director: Julie Boland was appointed to the Board effective November 2, 2026.
  • Committee assignments: Ms. Boland will serve on the Compensation Committee and Finance Committee of the Board.
  • Professional background: Ms. Boland is the former U.S. CEO and Managing Partner and Americas Managing Partner of Ernst & Young LLP, with prior experience as CFO of public and private companies and in global investment banking at J.P. Morgan & Co. and Goldman Sachs.
  • Initial equity grant: Ms. Boland will receive an automatic initial grant of 92 Restricted Stock Units on the effective date of her appointment, consistent with the Company's non-employee director compensation as described in the proxy statement filed January 14, 2026.
  • No related-party issues: According to the filing, the Company "is not aware of any related party transactions or relationships between Ms. Boland and the Company that would require disclosure under Item 404(a) of Regulation S-K."

Deere & Company Adds Finance and Accounting Expert to Its Board

Deere & Company (NYSE:DE) reported via an 8-K current report dated November 2, 2026, that its Board of Directors voted to increase its size from ten to eleven directors and simultaneously appointed Julie Boland to fill the newly created seat. The appointment was effective immediately, according to the filing.

The filing describes Ms. Boland as the former U.S. CEO and Managing Partner and Americas Managing Partner of Ernst & Young LLP, a multinational professional services firm providing audit, tax, consulting, and transaction services. She held numerous leadership roles at EY since 2010, including Vice Chair and Central Region Managing Partner and Cleveland Office Managing Partner. Before joining EY, she served as Chief Financial Officer of both public and private companies, and she also has experience in global investment banking with J.P. Morgan & Co. and Goldman Sachs. The Board noted, according to the filing, that it "believes Ms. Boland's extensive experience in executive leadership, accounting, financial reporting, corporate governance, and global finance will provide a valuable perspective to the Board."

As part of her compensation as a non-employee director, Ms. Boland will receive the standard compensation package described in the Company's definitive proxy statement filed on January 14, 2026. This includes an automatic initial grant of 92 Restricted Stock Units on the effective date of her appointment. The filing also states she will enter into the Company's standard director indemnification agreement. The filing confirms there are no arrangements or understandings between Ms. Boland and any other persons pursuant to which she was selected as a director.

What Was Disclosed

Deere & Company disclosed the Board's expansion from ten to eleven directors and the appointment of Julie Boland, effective November 2, 2026, along with her committee assignments, professional background, an initial grant of 92 Restricted Stock Units, and the absence of any related-party transactions requiring disclosure.