John C. May is the CEO of Deere & Company, a major player in the agricultural machinery industry. He started as Chief Operating Officer in 2019 and became CEO on November 4, 2019. Now, he also chairs the board. May...
John C. May is the CEO of Deere & Company, a major player in the agricultural machinery industry. He started as Chief Operating Officer in 2019 and became CEO on November 4, 2019. Now, he also chairs the board. May has been at Deere for many years, climbing the ranks from various leadership roles, including President of the Worldwide Agriculture & Turf Division. As of late 2023, May owns over 131,000 shares of Deere stock worth more than $51 million. His options are significant too, valued at around $17 million. His pay package is impressive as well, totaling about $26.7 million in 2023, which includes a $1.59 million salary and nearly $6 million in bonuses for hitting performance goals. He’s been known to adapt during key changes in the company. For instance, his salary jumped from $744,060 to over $1 million when he became COO. May's leadership and stock ownership show a big commitment to Deere’s success, reflecting his belief in the company's future.