Deere Management

Management criteria checks 2/4

Deere's CEO is John May, appointed in Nov 2019, has a tenure of 5.08 years. total yearly compensation is $26.72M, comprised of 6% salary and 94% bonuses, including company stock and options. directly owns 0.044% of the company’s shares, worth $51.89M. The average tenure of the management team and the board of directors is 2.5 years and 8.5 years respectively.

Key information

John May

Chief executive officer

US$26.7m

Total compensation

CEO salary percentage6.0%
CEO tenure5.1yrs
CEO ownership0.04%
Management average tenure2.5yrs
Board average tenure8.5yrs

Recent management updates

Recent updates

Deere (NYSE:DE) Has Announced That It Will Be Increasing Its Dividend To $1.62

Dec 07
Deere (NYSE:DE) Has Announced That It Will Be Increasing Its Dividend To $1.62

Is The Market Waking Up To Deere?

Nov 27

Deere: Sell It On Q4 Earnings Bounce, Buy It Back Later

Nov 21

Estimating The Fair Value Of Deere & Company (NYSE:DE)

Nov 12
Estimating The Fair Value Of Deere & Company (NYSE:DE)

Deere (NYSE:DE) Shareholders Will Want The ROCE Trajectory To Continue

Oct 16
Deere (NYSE:DE) Shareholders Will Want The ROCE Trajectory To Continue

When Should You Buy Deere & Company (NYSE:DE)?

Oct 03
When Should You Buy Deere & Company (NYSE:DE)?

Why Deere's Discount To Caterpillar Is An Opportunity

Sep 21

Deere & Company's (NYSE:DE) Low P/E No Reason For Excitement

Sep 19
Deere & Company's (NYSE:DE) Low P/E No Reason For Excitement

Deere's Q3 Earnings: When Bad News Is Good News

Aug 15

Deere: Plowing Through The Downturn

Aug 09

Deere & Company: Navigating Through A Tougher Economic Environment

Jul 02

Should You Investigate Deere & Company (NYSE:DE) At US$375?

Jun 03
Should You Investigate Deere & Company (NYSE:DE) At US$375?

Deere & Company: The Clearest Blue Chip Bargain In The Market Right Now

May 31

Deere: Position Yourself Now For The Eventual Recovery

May 25

Deere 'Rollercoaster' Earnings: Don't Scream On The Way Down And Forget To Enjoy The Up

May 13

Deere & Company: A Good Business At A Fair Price

Apr 26

Estimating The Intrinsic Value Of Deere & Company (NYSE:DE)

Apr 11
Estimating The Intrinsic Value Of Deere & Company (NYSE:DE)

Deere: Increasing Food Supply And Rising Costs Spell Bad News For Investors

Apr 02

Deere: Looking Cheap Using ROCGA DCF Valuation

Mar 25

Little Excitement Around Deere & Company's (NYSE:DE) Earnings

Mar 18
Little Excitement Around Deere & Company's (NYSE:DE) Earnings

Deere & Company: Strong Cash Flows And Dividend Growth Make It A Long-Term Buy

Mar 17

Is Deere (NYSE:DE) Using Too Much Debt?

Mar 05
Is Deere (NYSE:DE) Using Too Much Debt?

Deere Q1: The More It Drops, The More I'm Buying

Feb 15

Deere (NYSE:DE) Could Become A Multi-Bagger

Feb 12
Deere (NYSE:DE) Could Become A Multi-Bagger

Unfazed By Market Turbulence: Is Deere's Sideways Action A Golden Opportunity?

Jan 26

Is Now The Time To Put Deere (NYSE:DE) On Your Watchlist?

Jan 19
Is Now The Time To Put Deere (NYSE:DE) On Your Watchlist?

Deere: Keep This Fundamentally Strong Agricultural Tech Company In Your Watchlist

Dec 26

Deere (NYSE:DE) Is Increasing Its Dividend To $1.47

Dec 24
Deere (NYSE:DE) Is Increasing Its Dividend To $1.47

Despite Challenges, Deere Stock Can Climb Much Higher

Nov 22

Deere: Should Investors Be Afraid Of Upcoming Earnings?

Nov 10

Here Is The Price I'll Buy Deere Stock If It Keeps Falling

Nov 02

Deere: Low Valuation, Rising Dividend Outweigh A Tepid Growth Trajectory

Oct 26

Deere: Not Just Tractors, A Tech-Enabled Growth Story

Oct 05

Deere Is Trading At A No-Growth Price: There Is An Adequate Margin Of Safety

Sep 26

The Hunt For Potential 10x Returns: Deere Has High Profitability And Secular Tailwinds

Sep 07

Deere: The Market Isn't Pricing In Future Downturn

Aug 29

Deere & Company Fiscal Q3: I'm Buying Any Weakness On Its Path To $600

Aug 18

Deere: Why Buffett Got It Wrong

Jul 24

Deere & Company: Bringing Self-Driving To Farming

Jun 20

Deere: More Than A Tractor Company

Jun 10

CEO Compensation Analysis

How has John May's remuneration changed compared to Deere's earnings?
DateTotal CompensationSalaryCompany Earnings
Oct 27 2024n/an/a

US$7b

Jul 28 2024n/an/a

US$8b

Apr 28 2024n/an/a

US$9b

Jan 28 2024n/an/a

US$10b

Oct 29 2023US$27mUS$2m

US$10b

Jul 30 2023n/an/a

US$10b

Apr 30 2023n/an/a

US$9b

Jan 29 2023n/an/a

US$8b

Oct 30 2022US$20mUS$1m

US$7b

Jul 31 2022n/an/a

US$6b

May 01 2022n/an/a

US$6b

Jan 30 2022n/an/a

US$6b

Oct 31 2021US$20mUS$1m

US$6b

Aug 01 2021n/an/a

US$5b

May 02 2021n/an/a

US$5b

Jan 31 2021n/an/a

US$3b

Nov 01 2020US$16mUS$1m

US$3b

Aug 02 2020n/an/a

US$3b

May 03 2020n/an/a

US$3b

Feb 02 2020n/an/a

US$3b

Nov 03 2019US$6mUS$890k

US$3b

Jul 28 2019n/an/a

US$3b

Apr 28 2019n/an/a

US$3b

Jan 27 2019n/an/a

US$3b

Oct 28 2018US$4mUS$645k

US$2b

Compensation vs Market: John's total compensation ($USD26.72M) is above average for companies of similar size in the US market ($USD12.88M).

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)

5.1yrs

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

NamePositionTenureCompensationOwnership
John May
Chairman5.1yrsUS$26.72m0.044%
$ 51.9m
Joshua Jepsen
Senior VP & CFO2.3yrsUS$6.50m0.0011%
$ 1.3m
Ryan Campbell
President of Worldwide Construction2.6yrsUS$6.99m0.0079%
$ 9.2m
Cory Reed
President Precision Ag for Americas & Aus and International President Sml Agri & Grn Space Equip5.7yrsUS$7.02m0.0056%
$ 6.5m
Justin Rose
President of Lifecycle Solutions2.2yrsUS$10.56m0.0011%
$ 1.3m
Jeffrey Trahan
Vice President of Pension Fund & Investments9.8yrsno datano data
Jahmy Hindman
Senior VP & CTOless than a yearno data0.0011%
$ 1.3m
Rajesh Kalathur
President of John Deere Financial & Chief Information Officer2.9yrsUS$3.97m0.026%
$ 30.4m
Josh Beal
Director of Investor Relations1.2yrsno datano data
Renee Mailhot
VP & Chief Compliance Officer9.6yrsno datano data
Kellye Walker
Senior VPless than a yearno data0%
$ 0
Felecia Pryor
Senior VP & Chief People Officer2.3yrsno data0.0016%
$ 1.9m

2.5yrs

Average Tenure

49yo

Average Age

Experienced Management: DE's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John May
Chairman5.3yrsUS$26.72m0.044%
$ 51.9m
Sherry Smith
Independent Presiding Director13yrsUS$316.79k0%
$ 0
Clayton Jones
Independent Director17.3yrsUS$324.96k0.00030%
$ 352.4k
Gregory Page
Independent Director11.9yrsUS$320.47k0%
$ 0
Sheila Talton
Independent Director9yrsUS$304.96k0%
$ 0
Alan Heuberger
Independent Director8yrsUS$304.96k0.000040%
$ 47.0k
Dmitri Stockton
Independent Director9.9yrsUS$329.96k0%
$ 0
Tamara Erwin
Independent Director4.6yrsUS$304.96k0.00035%
$ 411.1k
Laurence Hunn
Independent Director1.3yrsUS$133.82k0%
$ 0
Leanne Caret
Independent Director3.1yrsUS$319.55k0%
$ 0
Michael Johanns
Independent Director9.9yrsUS$304.96k0%
$ 0
R. Feight
Directorless than a yearno datano data

8.5yrs

Average Tenure

60yo

Average Age

Experienced Board: DE's board of directors are considered experienced (8.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:41
End of Day Share Price 2024/12/20 00:00
Earnings2024/10/27
Annual Earnings2024/10/27

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

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.

AnalystInstitution
Igor MaryasisAegis Capital Corporation
John EadeArgus Research Company
Igor MaryasisAvondale Partners