PACCAR CEO R. Preston Feight Appointed to Deere Board of Directors

Group 1 - Deere & Company has appointed R. Preston Feight to its board of directors, increasing the board size to 12 members, with 11 being independent directors [1][4] - Feight is currently the CEO of PACCAR Inc, a Fortune 500 company known for its high-quality trucks and advanced technology in powertrains and driver assistance systems [2][3] - His leadership at PACCAR has been marked by advancements in engineering, manufacturing, and technology, which aligns with Deere's transformation journey towards a Smart Industrial Operating Model [3][4] Group 2 - Feight has 26 years of experience at PACCAR, holding various leadership roles, including executive vice president and CEO since July 2019 [3] - He holds a Bachelor of Science in Mechanical Engineering and a Master of Science in Engineering Management, and is a licensed professional engineer and commercial truck driver [4] - Deere & Company is a global leader in agricultural, turf, construction, and forestry equipment, focusing on technology-enabled products to meet increasing global needs [5]