Deere Management
Management criteria checks 2/4
Deere's CEO is John May, appointed in Nov 2019, has a tenure of 5.25 years. total yearly compensation is $26.72M, comprised of 6% salary and 94% bonuses, including company stock and options. directly owns 0.039% of the company’s shares, worth CHF36.67M. The average tenure of the management team and the board of directors is 2.4 years and 8.9 years respectively.
Key information
John May
Chief executive officer
US$26.7m
Total compensation
| CEO salary percentage | 6.0% |
| CEO tenure | 5yrs |
| CEO ownership | 0.04% |
| Management average tenure | 2.4yrs |
| Board average tenure | 8.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jul 28 2024 | n/a | n/a | US$8b |
| Apr 28 2024 | n/a | n/a | US$9b |
| Jan 28 2024 | n/a | n/a | US$10b |
| Oct 29 2023 | US$27m | US$2m | US$10b |
| Jul 30 2023 | n/a | n/a | US$10b |
| Apr 30 2023 | n/a | n/a | US$9b |
| Jan 29 2023 | n/a | n/a | US$8b |
| Oct 30 2022 | US$20m | US$1m | US$7b |
| Jul 31 2022 | n/a | n/a | US$6b |
| May 01 2022 | n/a | n/a | US$6b |
| Jan 30 2022 | n/a | n/a | US$6b |
| Oct 31 2021 | US$20m | US$1m | US$6b |
| Aug 01 2021 | n/a | n/a | US$5b |
| May 02 2021 | n/a | n/a | US$5b |
| Jan 31 2021 | n/a | n/a | US$3b |
| Nov 01 2020 | US$16m | US$1m | US$3b |
| Aug 02 2020 | n/a | n/a | US$3b |
| May 03 2020 | n/a | n/a | US$3b |
| Feb 02 2020 | n/a | n/a | US$3b |
| Nov 03 2019 | US$6m | US$890k | US$3b |
| Jul 28 2019 | n/a | n/a | US$3b |
| Apr 28 2019 | n/a | n/a | US$3b |
| Jan 27 2019 | n/a | n/a | US$3b |
| Oct 28 2018 | US$4m | US$645k | US$2b |
Compensation vs Market: John's total compensation ($USD26.72M) is above average for companies of similar size in the Swiss market ($USD4.66M).
Compensation vs Earnings: John's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
John May (55 yo)
5yrs
Tenure
US$26,722,519
Compensation
Mr. John C. May II is Chairman of the Board and President of Deere & Company since 2020 and has been its Chief Executive Officer since November 04, 2019. He is a Director of Deere & Company since August 29...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 5yrs | US$26.72m | 0.039% CHF 36.7m | |
| Senior VP & CFO | 2.2yrs | US$6.50m | 0.00077% CHF 731.1k | |
| President of Worldwide Construction | 2.5yrs | US$6.99m | 0.0065% CHF 6.2m | |
| President Precision Ag for Americas & Aus and International President Sml Agri & Grn Space Equip | 5.6yrs | US$7.02m | 0.013% CHF 12.5m | |
| President of Lifecycle Solutions | 2.1yrs | US$10.56m | 0.00085% CHF 807.1k | |
| Vice President of Pension Fund & Investments | 9.8yrs | no data | no data | |
| Senior VP & CTO | less than a year | no data | 0.00071% CHF 674.1k | |
| President of John Deere Financial & Chief Information Officer | 2.8yrs | US$3.97m | 0.025% CHF 23.4m | |
| Director of Investor Relations | 1.1yrs | no data | no data | |
| VP & Chief Compliance Officer | 9.5yrs | no data | no data | |
| Senior VP | less than a year | no data | 0% CHF 0 | |
| Senior VP & Chief People Officer | 2.3yrs | no data | 0.0014% CHF 1.3m |
2.4yrs
Average Tenure
49yo
Average Age
Experienced Management: DE's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 5.3yrs | US$26.72m | 0.039% CHF 36.7m | |
| Independent Presiding Director | 12.9yrs | US$316.79k | 0% CHF 0 | |
| Independent Director | 17.3yrs | US$324.96k | 0.00030% CHF 284.9k | |
| Independent Director | 11.8yrs | US$320.47k | 0% CHF 0 | |
| Independent Director | 8.9yrs | US$304.96k | 0% CHF 0 | |
| Independent Director | 7.9yrs | US$304.96k | 0.000040% CHF 38.0k | |
| Independent Director | 9.8yrs | US$329.96k | 0% CHF 0 | |
| Independent Director | 4.5yrs | US$304.96k | 0.00035% CHF 332.3k | |
| Independent Director | 1.3yrs | US$133.82k | 0% CHF 0 | |
| Independent Director | 3yrs | US$319.55k | 0% CHF 0 | |
| Independent Director | 9.8yrs | US$304.96k | 0% CHF 0 |
8.9yrs
Average Tenure
60yo
Average Age
Experienced Board: DE's board of directors are considered experienced (8.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/11/12 17:10 |
| End of Day Share Price | 2024/08/15 00:00 |
| Earnings | 2024/07/28 |
| Annual Earnings | 2023/10/29 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Deere & Company is covered by 62 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Igor Maryasis | Aegis Capital Corporation |
| John Eade | Argus Research Company |
| Igor Maryasis | Avondale Partners |