Deere & Company Org Chart and Sales Intelligence Blog Post

Deere & Company

Deere & Company logo

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

Ticker Symbol: (NYSE: DE)
Sector(s): Industrials
Industry: Farm & Heavy Construction Machinery
Full Time Employees: 69,634

Deere & Company 2021 Fortune 500 Rank: #88

Facebook: https://www.facebook.com/JohnDeereUSCA
Twitter: https://twitter.com/JohnDeere
YouTube: https://www.youtube.com/user/JohnDeere
LinkedIn: https://www.linkedin.com/company/john-deere/
Instagram: https://www.instagram.com/johndeere/

 

The Deere Org Chart Report covers key business units including Agriculture and Turf, Construction and Forestry, and Financial Services. databahn goes further into the lines of business by charting HR, Finance, IT, Operations and more.

PREVIEW

John Deere Structure Org Chart

John Deere Board of Directors Org chart 

John Deere Executive Leadership Org Chart

 Download the Deere & Company Deep-Dive Report to see the full 13 organizational charts. 

 

The Deere Contact Spreadsheet is a directory of names, titles, phone numbers, and addresses.

PREVIEW

NAME TITLE EMAIL MAIN PHONE DIRECT PHONE
Steven Owenson Senior Vice President and Finance Director steve.owenson@johndeere.com 1-800-541-9053 ZZZZ
Jay Stroebele Group Manager, Engineering Data & Analytics stroebelejay@johndeere.com 1-800-541-9053 ZZZZ
John Sabroske Global Director, Trade Finance sabroskejohn@johndeere.com 1-800-541-9053 ZZZZ
John Teixeira Strategic Account Manager teixeirajohna@johndeere.com 1-800-541-9053 ZZZZ
 

Download the Deere & Company Deep Dive Sales Intelligence Report to gain contact information for all 1,223 contacts.

 

Deere & Co Executive Leadership Team

NAME TITLE
John C. May Chairman of the Board and Chief Executive Officer
Ryan Campbell Senior Vice President and Chief Financial Officer
Jahmy Hindman Chief Technology Officer
Marc Howze
Group President, Lifecycle Solutions and Chief Administrative Officer
Mary Jones
Senior Vice President, General Counsel and Worldwide Public Affairs
Rajesh Kalathur
President, John Deere Financial and Chief Information Officer
Cory Reed
President, Ag & Turf Division: Large & Precision Ag, and Americas and Australia
John Stone
President, Construction & Forestry Division and Power Systems
Mark von Pentz
President, Agriculture & Turf Division: Small Agriculture and Turf Care, and Europe, CIS, Asia, and Africa

Download the John Deere Deep-Dive Report to gain access to profiles of the key decision-makers at John Deere.

 

Deere & Co Board of Directors

NAME TITLE COMPANY
John C. May Chairman of the Board and Chief Executive Officer John Deere
Tami A. Erwin Executive Vice President and Group Chief Executive Officer Verizon Business Group
Alan C. Heuberger Senior Manager BMGI
Charles O. (Chad) Holliday, Jr. Chairman Royal Dutch Shell plc.
Dipak C. Jain President (European)
China Europe International Business School
Michael O. Johanns Retired United States Senator from Nebraska and former U.S. Secretary of Agriculture U.S. Government
Clayton M. Jones Retired Chairman and Chief Executive Officer Rockwell Collins, Inc.
Gregory R. Page Retired Executive Director, Chairman, and Chief Executive Officer Cargill, Inc.
Sherry M. Smith Former Executive Vice President and Chief Financial Officer Supervalu Inc.
Dmitri L. Stockton Retired Special Advisor to Chairman and Retired Senior Vice President General Electric Company
Sheila G. Talton President and Chief Executive Officer Gray Matter Analytics
 

 

Deere & Co. Sales Trigger Events

PREVIEW

Deere has acquired Bear Flag Robotics with plans to accelerate autonomous farm tech
August 6, 2021

Bear Flag Robotics

Deere & Company has announced that it will acquire Bear Flag Robotics for $250 million. Bear Flag is a startup based in that develops autonomous-driving technology. This deal supports John Deere’s strategy to create smarter machines with advanced technology. The team at Bear Flag Robotics consists of engineers, technologists, and agriculture professionals focused on autonomy, sensor fusion, vision, data, software and hardware.
Source 

 

John Deere Announces Strategic investment with Summit Carbon Solutions
July 28, 2021

Cory Reed John Deere

John Deere plans to advance the world's largest carbon capture and storage project. This project will accelerate decarbonization efforts by enabling the production of low carbon ethanol. This will result in the production of more sustainable food, feed, and fuel.

"Agriculture can play a key role in reducing carbon emissions, and in doing so will benefit farmers, consumers and many other stakeholders," said Cory Reed, President, Agriculture & Turf Division of John Deere. "Carbon neutral ethanol would have a positive impact on the environment and bolster the long-term sustainability of the agriculture industry. The work Summit Carbon Solutions is doing will be critical in delivering on these goals."
Source 

 

Bishop Fox, John Deere's Security Strategic Partner Opens Up in Q&A
May 28, 2021

Bishop Fox Logo

John Deere continues to demonstrate commitment to customer and data security with an evolving security strategy. The John Deere team works with Bishop Fox to supplement efforts in key areas including conducting product security.
Bishop Fox also works closely with Deere to perform continuous penetration testing on expanding perimeter with Continuous Attack Surface Testing (CAST) offering.
Source

 

Lane Arthur - Vice President, Data Application & Analytics On Data Protection
April 22, 2021

Lane Arthur John Deere

"Deere has a dedicated team that focuses on maintaining the security of our customer's data. Our developers use techniques that promote security at every level of code development, keeping a farmer's applications secure and up to date. Deere also regularly runs tests to limit the possibility of vulnerabilities."

"Deere maintains the security of a farmer's data through both the latest, most up-to-date encryption and a dedicated, full-time security team on staff. Deere requires that software companies wanting to partner with us agree to Deere licenses to protect the integrity of customer data, which means that farmers can be confident in their security while leveraging the most useful and profitable tools for their farming operation. Deere provides encrypted APIs to partners to ensure they are using the latest data protection policies and security measures."
Source

Download the John Deere Deep-Dive Report to gain access to all 55 sales trigger events.

 

Deere & Co. Earnings Call Highlights 

PREVIEW

Deere & Co. (NYSE:DE) Q2 2021 Earnings Conference Call

May 21, 2021

Executives in Attendance:

  • Josh Jepsen - Director, IR
  • Brent Norwood - Manager, Investor Communications
  • Cory Reed - President of Production and Precision Ag
  • Ryan Campbell - SVP & CFO

Analysts Present:

  • Kristen Owen - Oppenheimer
  • Jamie Cook - Crédit Suisse
  • Jerry Revich - Goldman Sachs Group
  • Robert Wertheimer - Melius Research
  • Ross Gilardi - Bank of America Merrill Lynch
  • Joel Tiss - BMO Capital Markets
  • Ann Duignan - JPMorgan Chase & Co.
  • Steven Fisher - UBS
  • Mircea Dobre - Robert W. Baird & Co.
  • Brett Linzey - Vertical Research Partners
  • Stephen Volkmann - Jefferies
  • Chad Dillard - Sanford C. Bernstein & Co.
  • Nicole DeBlase - Deutsche Bank
  • Larry De Maria - William Blair & Company
  • Timothy Thein - Citigroup

 

 John Deere Agriculture

Deere & Company Q2 Presentation

 

Comments from Cory Reed, Pres. - Production:

"Over the course of the last 9 months, fundamentals for large ag production systems have steadily improved, driving stronger economic results for our customers and enhanced visibility for our equipment order books."

"Given the positive environmental backdrop, order activity is up significantly. and all of our large ag order banks are now complete through the end of the fiscal year. For select product lines such as four-wheel drives and 8R tractors, we're now taking orders for fiscal year '22 and have visibility through the first half of the year. Furthermore, we'll open our early order program for planters and sprayers in June, which will yield some additional data points on demand for 2022."

"Furthermore, labor markets are extremely tight, delaying efforts to ramp up. To date, we have experienced frequent disruptions. However, our factory managers and supply management teams have done an extraordinary job, keeping our production schedules mostly intact without yet resorting to material work stoppages. While many of these spot disruptions are on account of various supplies, procurement of semiconductor chips remains a significant risk to our production schedule for the remainder of the year."

"To date, our suppliers have worked diligently to ensure our products continue their vital role in providing food security and critical infrastructure. And we're cautiously optimistic that they will continue to meet demand and help us ensure continuous service to our customers."

"The industry is forecast to be up roughly 10% as higher commodity prices strengthened business conditions in the arable segment, offsetting some weaknesses in dairy and livestock. Our Mannheim tractor order book extends through the end of the fiscal year, demonstrating continued progress towards executing our regional strategy focused on large and precision ag. In South America, we expect industry sales of tractors and combines to increase about 20%."

Source 

 

Deere & Financial Highlights  

Fiscal Year
Fiscal Year Ends November 1, 2021
Most Recent Quarter May 2, 2021
Profitability
Profit Margin 11.51%
Operating Margin 17.75%
Management Effectiveness
Return on Assets 5.65%
Return on Equity 34.00%
Income Statement
Revenue $39.8 Billion
Revenue Per Share 126.99
Quarterly Revenue Growth 30.30%
Gross Profit 8.96B
EBITDA 7.95B
Net Income Avi to Common 4.58B
Diluted EPS 14.5
Quarterly Earnings Growth 168.80%
Balance Sheet
Total Cash 6.66B
Total Cash Per Share 21.35
Total Debt 47.82B
Total Debt/Equity 316.81
Current Ratio 2.36
Book Value Per Share 48.38
Cash Flow Statement
Operating Cash Flow 8.49B
Levered Free Cash Flow 1.76B

 

 

Highlights from 2020 CEO's Letter to Shareholders

John May
Chairman and Chief Executive Officer

 John May CEO John Deere

 "These promising factors set the stage for the company’s bold new operating plan taking effect in 2021, which intensifies our focus on technology, speed, and efficiency. Deere’s smart industrial strategy, we believe, could revolutionize agriculture and construction by accelerating the integration of technology with our legacy of manufacturing excellence. The strategy aims to deliver intelligent, connected machines and applications that unlock value for customers and do so in a sustainable, profitable manner."

"As the centerpiece of our smart industrial effort, company operations were reorganized around production systems, representing the way customers work. This compares with the previous structure of being aligned by product platforms or geographies. Production-system teams assess all the steps needed to accomplish a job on the farm or work site by a particular customer segment, such as corn and soybean farmers or roadbuilders. The teams then develop a comprehensive set of products and services that can best meet the needs of those customers."

"In addition, operations for technology development – our “tech stack” – were consolidated under a chief technology officer. The move leverages our ability to rapidly develop advanced technologies and bring new products to market. As well, our customer support and aftermarket capabilities were combined into a new lifecyclesolutions unit. This aligns with our goal of supporting customers over the lifetime of our products, and it will help drive growth in parts sales and service for the company and its dealers"

Source

Download the John Deere Deep-Dive Report to gain access to full  investor presentations and earnings call highlights.

 

Deere's New Operating Model 

Last year in 2020, John Deere introduced the Smart Industrial Operating Model. The goal for the company is to make operations more efficient and responsive.

The new Operating Model is built on 3 blocks: Production Systems, Tech Stack, and Lifecycle Solutions. 

Tech Stack John Deere

 

More on John Deere

 

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