Deere DE
About
Deere makes tractors, combines and construction equipment, and has been adding autonomous and precision-farming technology.
What tends to move the stock
Farm income, crop prices and equipment demand cycle strongly. Dealer inventory levels are watched closely.
Revenue per employee
73,100 employees as of 2025/FY (-3.6% YoY). Revenue per employee is total revenue divided by headcount — a rough productivity gauge, not a per-worker pay figure.
Management team
John C. May, Chairman, Chief Executive Officer, and President of Deere & Company (since 2020). Past Positions at Deere & Company- Chief Executive Officer and President - November 2019 to May 2020; President and Chief Operating Officer - April 2019 to November 2019; President, Worldwide Agriculture & Turf Division, Global Harvesting and Turf Platforms, Ag Solutions (Americas and Australia) - 2018 to 2019; President, Agricultural Solutions & Chief Information Officer - 2012 to 2018; Vice President, Agriculture & Turf Global Platform, Turf & Utility - 2009 to 2012; Factory Manager, John Deere Dubuque Works - 2007 to 2009 and Director, China Operations - 2004 to 2007. Other Current Directorships- Ford Motor Company (F).
Ryan D. Campbell was appointed as Senior Vice President and Chief Financial Officer, effective April 1, 2019. Mr. Campbell was elected Vice President and Deputy Financial Officer last year. Mr. Campbell previously has served as Vice President and Controller, and as Finance Director for the Company's Agriculture Regions 1 & 2 and Global Tractors. Mr. Campbell joined the Company in 2007 and has held various finance and accounting positions in the Company. Ryan D. Campbell has been elected by the Board to the position of President, Worldwide Construction & Forestry and Power Systems. 2019 - 2022 Senior Vice President and Chief Financial Officer; 2018 Deputy Financial Officer; 2017 Vice President and Controller. Effective May 31, 2022, Mr. Campbell became President, Worldwide Construction & Forestry and Power Systems. Prior to this appointment, Mr. Campbell was Senior Vice President and Chief Financial Officer. Ryan D. Campbell will serve as as acting Chief Financial Officer (principal financial officer and principal accounting officer) on an interim basis, effective February 19, 2026. Effective May 1, 2026, Ryan D. Campbell, who was acting Chief Financial Officer transitioned to the role of President, Worldwide Construction & Forestry and Power Systems of the Company.
Ms. Deanna M. Kovar, President, Worldwide Agriculture & Turf Division, Production & Precision Ag, Sales and Marketing Regions of the Americas and Australia (2025). Business Experience: President, Worldwide Agriculture & Turf Division, Small Ag & Turf, Sales and Marketing Regions of Europe, CIS, Asia, and Africa (2023); Vice President, Production Systems, Production & Precision Ag (2023); Vice President, Production Systems (2020).
On November 1, 2024, the Board of Directors of Deere & Company appointed R. Preston Feight to the Board effective immediately. Mr. Feight, Chief Executive Officer of PACCAR Inc (since 2019). Past Positions at PACCAR Inc (commercial trucks and vehicles, aftermarket parts, financial services)- Executive Vice President - 2018 to 2019; Vice President and President, DAF Trucks - 2016 to 2018; Vice President and General Manager, Kenworth Truck Company - 2015 to 2016; Assistant General Manager, Marketing and Sales, Kenworth Truck Company - 2012 to 2014; Chief Engineer, Kenworth Truck Company - 2008 to 2012. Other Current Directorships- PACCAR Inc (PCAR).
On August 1, 2023, the Board of Directors of Deere & Company elected L. Neil Hunn to the Board effective August 1, 2023. Mr. Hunn, President and Chief Executive Officer, Roper Technologies, Inc. (software, services, technology-enabled products and solutions) (since 2018). Past Positions- Executive Vice President and Chief Operating Officer of Roper - 2017 to 2018; Group Vice President of Roper - 2011 to 2018; President of MedAssets, Inc. - 2009 to 2011; Executive Vice President and Chief Financial Officer of MedAssets, Inc. (Software-as-a-Service (SaaS)) - 2007 to 2010. Other Current Directorships- Roper Technologies, Inc. (ROP).
Dmitri L. Stockton, Retired Special Advisor to Chairman and Senior Vice President of General Electric Company and Former Chairman, President, and Chief Executive Officer of GE Asset Management Incorporated. Past Positions- Special Advisor to the Chairman and Senior Vice President of GE (power and water, aviation, oil and gas, healthcare, appliances and lighting, energy management, transportation) - 2016 to 2017; Chairman, President, and Chief Executive Officer of GE Asset Management Incorporated (global investments) and Senior Vice President of General Electric Company - 2011 to 2016 and President and Chief Executive Officer of GE Capital Global Banking and Senior Vice President of General Electric Company - 2008 to 2011. Other Current Directorships- Ryder System, Inc. (R) and Target Corporation (TGT). Previous Directorships- Smurfit WestRock plc (SW), Stanley Black & Decker, Inc. (SWK) and WestRock Company (WRK).
Greg Page, Retired Chairman and Chief Executive Officer of Cargill, Incorporated. Past Positions at Cargill, Incorporated (agricultural, food, financial, and industrial products and services)- Executive Director - 2015 to 2016; Executive Chairman - 2013 to 2015; Chairman and Chief Executive Officer -2011 to 2013 and Chairman, Chief Executive Officer, and President - 2007 to 2011. Other Current Directorships- Chairman of Corteva, Inc. (CTVA) and Chairman of Eaton Corporation plc (ETN). Previous Directorships- 3M Company (MMM).
Alan C. Heuberger, Senior Investment Manager, Cascade Asset Management Company (formerly BMGI) (since 2021). Past Positions at BMGI (private investment management)- Senior Manager - 2004 to 2021 and Investment Analyst - 1996 to 2004.
On April 28, 2026, the board of directors of Deere & Company elected T. Brent Norwood as its Senior Vice President and Chief Financial Officer (principal financial officer and principal accounting officer), effective May 1, 2026. Mr. Norwood has served as the Company's Vice President & Finance Director, Construction & Forestry and Power Systems since October 2023. Prior to this role, he served as Director, Investor Relations from 2022 to 2023, and Manager, Investor Communications from 2018 to 2022. Mr. Norwood joined the Company on a full-time basis in 2013 as a Program Manager. He has held various positions of increasing responsibility with the Company, in global marketing operations and corporate business development. Prior to joining the Company, Mr. Norwood worked as an equity research analyst with Credit Suisse, a portfolio analysis with Highland Capital Management, and an associate at THL Credit (Thomas H. Lee Partners).
On August 27, 2025, the Board of Directors of Deere & Company elected Cory Reed as President, Lifecycle Solutions, Supply Management, and Customer Success, effective November 3, 2025. On March 1, 2019, the Company announced the appointment of Cory J. Reed, to the position of President, Worldwide Agriculture & Turf Division, Americas and Australia, Global Harvesting and Turf Platforms, and Ag Solutions, effective April 1, 2019. On November 1, 2016 Cory J. Reed was appointed as President, John Deere Financial of the company. Reed is currently Senior Vice President in the Worldwide Agriculture & Turf Division with responsibility for the Intelligent Solutions Group. He has been instrumental in developing and implementing Deere's precision agriculture strategy. Reed joined Deere in 1998 and has held a variety of marketing and sales positions including marketing manager for large tractors, regional sales and marketing for John Deere International in Switzerland. He later became Senior Vice President, Global Marketing Services for the Worldwide Agriculture & Turf Division before assuming his current role. Reed holds an undergraduate degree in Finance from Miami (Ohio) University and a law degree from The Ohio State University. Mr. Reed will cease to be the President, Worldwide Ag & Turf Division, Production & Precision Ag, Sales and Marketing Regions of the Americas and Australia effective November 3, 2025.
Mr. Jahmy J. Hindman, Senior Vice President and Chief Technology Officer (2023). Experience:- Chief Technology Officer (2020); Global Director Tractor Platform Engineering (2018); Global Manager, Architecture, Systems, Modules (2018).
Mr. Justin Ryan Rose, President, Worldwide Agriculture & Turf Division, Small Ag & Turf, Sales and Marketing Regions of Europe, CIS, Asia, and Africa (2025). Business Experience: President, Lifecycle Solutions, Supply Management, and Customer Success (2022); Senior Partner and Managing Director, Boston Consulting Group (BCG) (2020).
Ms. Felecia J Pryor, Senior Vice President and Chief People Officer (2022). Business Experience: Executive Vice President & Chief Human Resources Officer, BorgWarner Inc. (2022); Global Vice President Human Resources, BorgWarner, Inc. - Morse Systems (2019).
Ms. Kellye L. Walker, Senior Vice President, Corporate Secretary, and Chief Legal Officer, Global Law Services & Regulatory Affairs (2024); Business Experience: Executive Vice President, Chief Legal Officer, and Corporate Secretary, Eastman Chemical Company (2020).
On December 3, 2025, the Board of Directors of Deere & Company elected Brian Sikes to the Board, effective December 4, 2025. Mr. Sikes is the Chair, President and Chief Executive Officer of Cargill, Incorporated headquartered in Minnetonka, Minnesota. Cargill is a multinational producer and marketer of food, agricultural, and industrial products and services. Since joining Cargill in 1991, Sikes has served in numerous leadership positions within the company's protein, food ingredients, and agricultural supply chain divisions. He assumed the roles of president and CEO in 2023, taking charge of Cargill's operations across more than 70 countries, and was named chair of Cargill's board of directors in 2024. Over the course of his career, he has been an advocate for farmers, food producers, and frontline workers, leading initiatives aimed at enhancing supply chain efficiency, promoting responsible management of natural resources, and utilizing technology and innovation to create long-term value for the industry. He holds a Bachelor of Science degree in Agricultural Economics from Texas Tech University.
From SEC filings, via Futu. Compensation is total reported pay for the most recent fiscal year on file, not base salary alone.
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