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Deere & Company (DE)

NYSE - Nasdaq Real-time price. Currency in USD
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393.01-0.79 (-0.20%)
At close: 04:00PM EDT
394.79 +1.78 (+0.45%)
After hours: 04:37PM EDT

Deere & Company

One John Deere Place
Moline, IL 61265
United States
309 765 8000
https://www.deere.com

Sector(s)Industrials
IndustryFarm & Heavy Construction Machinery
Full-time employees83,000

Key executives

NameTitlePayExercisedYear born
Mr. John C. May IIChairman, President & CEO8.11M13.15M1969
Mr. Joshua A. JepsenSenior VP & CFO2.64MN/A1979
Mr. Ryan D. CampbellPresident of Worldwide Construction, Forestry & Power Systems2.85M4.01M1975
Mr. Cory J. ReedPresident Precision Ag for Americas & Aus and International President Sml Agri & Grn Space Equip2.78M2.22M1971
Mr. Justin R. RosePresident of Lifecycle Solutions, Customer Support & Supply Management3.28MN/A1980
Mr. Jeffrey A. TrahanVice President of Pension Fund & InvestmentsN/AN/AN/A
Mr. Jahmy J. HindmanSenior VP & CTON/AN/A1976
Josh BealDirector of Investor RelationsN/AN/AN/A
Ms. Mary K. W. JonesSenior VP, General Counsel & Worldwide Public Affairs3.69MN/A1968
Ms. Renee A. MailhotVP & Chief Compliance OfficerN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Deere & Company engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides large and medium tractors, combines, cotton pickers and strippers, sugarcane harvesters and loaders, harvesting front-end equipment, pull-behind scrapers, and tillage and seeding equipment, as well as application equipment, including sprayers and nutrient management, and soil preparation machinery for grain growers. The Small Agriculture and Turf segment offers utility tractors, and related loaders and attachments; turf and utility equipment, including riding lawn equipment, commercial mowing equipment, golf course equipment, and utility vehicles, as well as implements for mowing, tilling, snow and debris handling, aerating, residential, commercial, golf, and sports turf care applications; other outdoor power products; and hay and forage equipment. This segment also resells products from other manufacturers. It serves dairy and livestock producers, crop producers, and turf and utility customers. The Construction and Forestry segment provides a range of backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, landscape and skid-steer loaders, milling machines, pavers, compactors, rollers, crushers, screens, asphalt plants, log skidders, log feller bunchers, log loaders and forwarders, log harvesters, and attachments; and roadbuilding equipment. The Financial Services segment finances sales and leases agriculture and turf, and construction and forestry equipment. It also offers wholesale financing to dealers of the foregoing equipment; and extended equipment warranties, as well as finances retail revolving charge accounts. The company was founded in 1837 and is headquartered in Moline, Illinois.

Corporate governance

Deere & Company’s ISS governance QualityScore as of 1 April 2024 is 7. The pillar scores are Audit: 8; Board: 5; Shareholder rights: 7; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.