Velarion · Company Intelligence
CompBrief
Fiscal year 2025

John May — FY2025 total compensation $27,925,424

John May is Chairman, Chief Executive Officer, and President of Deere & Co (DE). The company reported total compensation of $27,925,424 for fiscal year 2025.

01

Fiscal year 2025 compensation

Salary$1,694,507
Bonus$0
Stock awards$13,950,239
Option awards$4,255,133
Non-equity incentive plan$5,450,551
Pension and non-qualified deferred compensation$1,437,161
All other compensation$1,137,833
Total$27,925,424

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.

Cited to the compensation disclosure Deere & Co filed January 14, 2026, accession 0001104659-26-003618.

02

History — every fiscal year held

Fiscal yearRoleSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
FY2025Chairman, Chief Executive Officer, and President$1,694,507$0$13,950,239$4,255,133$5,450,551$1,437,161$1,137,833$27,925,424
FY2024Chairman, Chief Executive Officer, and President$1,658,671$0$13,052,518$4,439,055$5,971,216$1,698,832$981,380$27,801,672
FY2023Chairman, Chief Executive Officer, and President$1,591,674$0$12,446,367$5,733,640$5,911,159$436,715$602,964$26,722,519
FY2022Chairman, Chief Executive Officer, and President$1,495,834$0$7,244,251$3,989,987$6,850,531$0$719,548$20,300,151
FY2021Chairman, Chief Executive Officer, and President$1,429,174$0$5,991,488$3,298,699$8,055,803$741,736$395,926$19,912,826

Totals as disclosed in each year's own compensation disclosure for Deere & Co.

03

Peer context

Peer-group chief executive median$22,229,159
Difference from that median$5,696,266
Percentile within the disclosed peer group81st
Peers with a disclosed figure16

Medians and percentiles are computed across the peer group Deere & Co discloses in its own compensation disclosure.

04

The other named executive officers of Deere & Co

Named executive officerRoleFY2025 total
John May this pageChairman, Chief Executive Officer, and President$27,925,424
Ryan CampbellPresident, Worldwide Construction & Forestry and Power Systems$7,694,729
Rajesh KalathurPresident, John Deere Financial, and Chief Information Officer$7,655,324
Deanna KovarPresident, Worldwide Agriculture & Turf Division, Production & Precision Ag, Sales and Marketing$7,444,443
Joshua JepsenSenior Vice President and Chief Financial Officer$7,393,638

The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Deere & Co compensation brief.

05

The company page

John May's compensation sits inside Deere & Co's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The Deere & Co (DE) compensation brief