Deere Management
Management criteria checks 2/4
Deere's CEO is John May, appointed in Nov 2019, has a tenure of 4.83 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 €38.94M. The average tenure of the management team and the board of directors is 2.2 years and 8.8 years respectively.
Key information
John May
Chief executive officer
US$26.7m
Total compensation
| CEO salary percentage | 6.0% |
| CEO tenure | 4.8yrs |
| CEO ownership | 0.04% |
| Management average tenure | 2.2yrs |
| Board average tenure | 8.8yrs |
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 |
| Jul 29 2018 | n/a | n/a | US$2b |
| Apr 29 2018 | n/a | n/a | US$2b |
| Jan 28 2018 | n/a | n/a | US$1b |
| Oct 29 2017 | US$4m | US$621k | US$2b |
Compensation vs Market: John's total compensation ($USD26.72M) is above average for companies of similar size in the German market ($USD5.36M).
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)
4.8yrs
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 | 4.8yrs | US$26.72m | 0.039% $ 38.9m | |
| Senior VP & CFO | 2yrs | US$6.50m | 0.00077% $ 776.4k | |
| President of Worldwide Construction | 2.3yrs | US$6.99m | 0.0065% $ 6.6m | |
| President Precision Ag for Americas & Aus and International President Sml Agri & Grn Space Equip | 5.4yrs | US$7.02m | 0.013% $ 13.3m | |
| President of Lifecycle Solutions | 1.9yrs | US$10.56m | 0.000080% $ 80.7k | |
| Vice President of Pension Fund & Investments | 9.6yrs | no data | no data | |
| Senior VP & CTO | less than a year | no data | 0.00071% $ 715.9k | |
| President of John Deere Financial & Chief Information Officer | 2.7yrs | US$3.97m | 0.025% $ 24.9m | |
| Director of Investor Relations | less than a year | no data | no data | |
| VP & Chief Compliance Officer | 9.3yrs | no data | no data | |
| Senior VP | less than a year | no data | 0% $ 0 | |
| Senior VP & Chief People Officer | 2.1yrs | no data | 0.0014% $ 1.4m |
2.2yrs
Average Tenure
49yo
Average Age
Experienced Management: DCO's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 5.1yrs | US$26.72m | 0.039% $ 38.9m | |
| Independent Presiding Director | 12.8yrs | US$316.79k | 0% $ 0 | |
| Independent Director | 17.1yrs | US$324.96k | 0.00030% $ 302.5k | |
| Independent Director | 11.7yrs | US$320.47k | 0% $ 0 | |
| Independent Director | 8.8yrs | US$304.96k | 0% $ 0 | |
| Independent Director | 7.8yrs | US$304.96k | 0.000040% $ 40.3k | |
| Independent Director | 9.7yrs | US$329.96k | 0% $ 0 | |
| Independent Director | 4.3yrs | US$304.96k | 0.00035% $ 352.9k | |
| Independent Director | 1.1yrs | US$133.82k | 0% $ 0 | |
| Independent Director | 2.8yrs | US$319.55k | 0% $ 0 | |
| Independent Director | 9.7yrs | US$304.96k | 0% $ 0 |
8.8yrs
Average Tenure
60yo
Average Age
Experienced Board: DCO's board of directors are considered experienced (8.8 years average tenure).