R. Preston Feight, Chief Executive Officer of PACCAR Inc, has been appointed to the board of directors of Deere & Company, effective November 1, 2024. This appointment recognizes Feight's extensive experience and leadership in the industrial sector.
Feight's tenure at PACCAR has been marked by pioneering advancements across engineering, manufacturing, aftermarket services, and financial capabilities. His strategic focus on technology has positioned PACCAR as a leader in advanced powertrains, including diesel, electric, and hydrogen fuel cells, as well as sophisticated driver assistance systems and truck connectivity.
John C. May, Deere's chairman and CEO, stated that Feight's experience as CEO of another innovative industrial company aligns with Deere's transformation journey. His background in business strategy and technology is expected to be invaluable as Deere advances its Smart Industrial Operating Model.
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