Deere & Company elected Alan C. Heuberger to the company's Board of Directors, as the company said in the press release received by Lesprom Network.
Mr. Heuberger is a senior investment manager at BMGI, the office responsible for all non-Microsoft investments for William H. Gates III as well as for the investments of the Bill & Melinda Gates Foundation Trust. These investments include Deere & Company.
"We look forward to Alan joining the Deere Board of Directors," said Samuel R. Allen, Deere's chairman and chief executive officer. "His significant management experience of investments in the agriculture industry is a valuable addition to the Board."
At BMGI, Heuberger provides oversight on a variety of direct private equity and real asset portfolio investments including the firm’s agriculture investments, which are comprised of farmland, farm production and processing businesses, and various public equity positions including Deere & Company.