How May was paid
$27.9M in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Options | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|
| John C. MayChairman, Chief Executive Officer, and President | $1,694,507 | $13,950,239 | $4,255,133 | $5,450,551 | $1,437,161 | $1,137,833 | $27,925,424 |
| Joshua A. JepsenSenior Vice President and Chief Financial Officer | $940,724 | $3,393,182 | $1,035,036 | $1,512,966 | $235,840 | $275,890 | $7,393,638 |
| Ryan D. CampbellPresident, Worldwide Construction & Forestry and Power Systems | $989,700 | $3,393,182 | $1,035,036 | $1,591,735 | $396,210 | $288,866 | $7,694,729 |
| Rajesh KalathurPresident, John Deere Financial, and Chief Information Officer | $982,523 | $3,244,822 | $990,039 | $1,580,192 | $572,433 | $285,315 | $7,655,324 |
| Deanna M. KovarPresident, Worldwide Agriculture & Turf Division, Production & Precision Ag | $932,635 | $3,244,822 | $990,039 | $1,499,957 | $282,921 | $494,069 | $7,444,443 |
What changed and why
- $27.9MJohn C. May received total compensation of $27,925,424 for fiscal 2025.
- 160.8%Short-term incentive awards were earned at 160.8% of target based on performance.
- 150.0%Long-term incentive awards for the 2023-2025 period were earned at 150.0% of target.
- The ratio of CEO to median employee pay was 190 to 1.
- 40%Deere connected with shareholders representing over 40% of outstanding share ownership in 2025.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.