Butterworth, William - from United States

ID: 34506
Organization: CFR-M
Country of meeting: in the year 1922

Served as both president and chairman of Deere & Company. In 1892 Butterworth married Katherine Deere, daughter of Charles Deere (and granddaughter of John Deere). He joined Deere & Company the same year as an assistant buyer. In 1897 he was elected treasurer, and became president after the death of Charles Deere in 1907.

Deere & Company underwent many changes during Butterworth's tenure. In 1910 the board of directors reorganized the company's factories into one unified entity, giving birth to the modern Deere & Company. In 1912 Deere began manufacturing combine harvesters. In 1918 the company purchased Waterloo Gasoline Engine Company and the rights to produce their tractors. Butterworth also implemented a pension system and a benefit and disability program for Deere & Company's employees.

Butterworth retired in 1928 and became the first Chairman of Deere & Company's board, a position he held until his death in 1936.

President of Deere & Co. (1907-1928), President of Peoples Savings Bank & Trust Co.



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