In 2024, John C. May earned $18.00M in total compensation at Deere & Company, including $1.66M salary and $15.36M in stock. Most recently acquired 25,444 shares in May 2024. Currently holds stock worth $55.87M. Has donated $678.49K in stock to charitable causes. 6+ years at the helm of Deere & Company.
Compensation History
Annual executive compensation data for John C. May, including salary, bonuses, and stock awards.
Year
2024
Total Compensation
$18.00M
Salary
$1.66M
Bonus
$0.00
Other
$981.38K
Salary
$1.66MBoard Justification
Deere’s compensation philosophy is to pay for performance, support Deere’s business strategies, and offer competitive compensation. Our compensation programs consist of complementary elements that reward achievement of both short-term and long-term objectives, including the creation of shareholder value.
Bonus
$0.00Board Justification
No bonus was paid out in 2024.
Other Compensation
$981.38KBoard Justification
Other compensation includes corporate aircraft usage, security, and company contributions to defined contribution plans.
Restricted Stock
Board Justification
The three-year performance period for PSUs granted in fiscal 2021 ended on October 29, 2023, and vested on December 9, 2023. The final payout determination, made by the Committee in December 2023, reflects revenue growth comparable to the 92nd percentile of the performance peer group. Accordingly, the resulting payout of PSUs was equal to 200% of the target award.
Performance Metrics
The metrics Deere uses to measure execution of our business strategy for business purposes are aligned with the metrics used in our compensation programs to ensure that employees are functioning in aligned, high-performance teams. OROA, OROS, ROE, Relative TSR and Relative Revenue Growth
John C. May
CEO of Deere & Company
Sector of Economy
Industrials
Born
July 29, 2024 - 1 years ago
CEO of Deere & Company for
6 years 8 months (Apr 2019 - Present)
Previous Experience
President, Worldwide Agriculture & Turf Division – Agricultural Solutions and Chief Information Officer
Holdings
Track John C. May's stock holdings and portfolio value over time.
Total Stock Sold
$58.29M
$58.29M
255,508 DE shares
What if they kept their stock?
If John C. May didn't sell their stock, today they would have:
Extra DE255,508 shares worth $123.42M.
This is 111.73% and $65.13M more than what they got when they sold the stock.
Charitable Transactions
1,400 shares
DE
171 shares
F
Recent Charitable Transactions
171 shares
F
Dec 15, 2021
Charity
1,400 shares
DE
Mar 25, 2021
Charity
Insider Trading
John C. May's recent stock transactions, purchases, and sales filed with the SEC.
25,444 shares
F
May 16, 2024
Received
11,776 shares
DE
Dec 13, 2023
Received
29,588 shares
DE
Dec 9, 2023
Received
$22.06M
DE at $416.54/share
Jun 22, 2023
Sale
27,061 shares
F
May 18, 2023
Received
9,339 shares
DE
Dec 14, 2022
Received
35,356 shares
DE
Dec 11, 2022
Received
24,513 shares
F
May 19, 2022
Received
1,263 shares
F
Dec 15, 2021
Received
8,286 shares
DE
Dec 15, 2021
Received
Rivals
Compare John C. May with competitor CEOs and industry peers.
Kevin J. Wheeler
CEO of A. O. Smith
2023 Compensation
Stock
$0.00
Salary
$1.08M
Bonus
$1.94M
Other
$236.98K
Total Holdings
$15.83M
Vicente Reynal
CEO of Ingersoll Rand
2023 Compensation
Stock
$0.00
Salary
$1.13M
Bonus
$3.43M
Other
$175.95K
Total Holdings
$49.37M
Robert Higginbotham
CEO of Foot Locker
2023 Compensation
Stock
$0.00
Salary
$0.00
Bonus
$0.00
Other
$0.00
Total Holdings
$333.12K
Eric Hansotia
CEO of AGCO
2023 Compensation
Stock
$3.19M
Salary
$1.32M
Bonus
$0.00
Other
$402.41K
Total Holdings
$226.37M
Paul G. Reitz
CEO of Titan International
2023 Compensation
Stock
$798.25K
Salary
$956.33K
Bonus
$1.15M
Other
$62.08K
Total Holdings
$12.77M
Christopher L. Mapes
CEO of Lincoln Electric Holdings
2023 Compensation
Stock
$2.59M
Salary
$1.11M
Bonus
$2.78M
Other
$320.35K
Total Holdings
$176.23K