Deere & Company
One John Deere Place
Moline, IL 61265
Ticker Symbol: (NYSE: DE)
Industry: Farm & Heavy Construction Machinery
Full Time Employees: 69,634
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.
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.
|NAME||TITLE||MAIN PHONE||DIRECT PHONE|
|Steven Owenson||Senior Vice President and Finance Directorfirstname.lastname@example.org||1-800-541-9053||ZZZZ|
|Jay Stroebele||Group Manager, Engineering Data & Analyticsemail@example.com||1-800-541-9053||ZZZZ|
|John Sabroske||Global Director, Trade Financefirstname.lastname@example.org||1-800-541-9053||ZZZZ|
|John Teixeira||Strategic Account Manageremail@example.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
|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|
Group President, Lifecycle Solutions and Chief Administrative Officer
Senior Vice President, General Counsel and Worldwide Public Affairs
President, John Deere Financial and Chief Information Officer
President, Ag & Turf Division: Large & Precision Ag, and Americas and Australia
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
|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
Deere has acquired Bear Flag Robotics with plans to accelerate autonomous farm tech
August 6, 2021
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.
John Deere Announces Strategic investment with Summit Carbon Solutions
July 28, 2021
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."
Bishop Fox, John Deere's Security Strategic Partner Opens Up in Q&A
May 28, 2021
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.
Lane Arthur - Vice President, Data Application & Analytics On Data Protection
April 22, 2021
"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."
Download the John Deere Deep-Dive Report to gain access to all 55 sales trigger events.
Deere & Co. Earnings Call Highlights
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
- 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
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%."
Deere & Financial Highlights
|Fiscal Year Ends||November 1, 2021|
|Most Recent Quarter||May 2, 2021|
|Return on Assets||5.65%|
|Return on Equity||34.00%|
|Revenue Per Share||126.99|
|Quarterly Revenue Growth||30.30%|
|Net Income Avi to Common||4.58B|
|Quarterly Earnings Growth||168.80%|
|Total Cash Per Share||21.35|
|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
Chairman and Chief Executive Officer
"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"
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.
- John Deere Contact Information
- John Deere Org Charts on Corporate Structure, Executive Leadership, Sales, Marketing, Finance, HR, Supply Chain, Technology, R&D, Manufacturing, etc.
- John Deere Financial Insights
- John Deere SWOT Report
- John Deere Technologies in Use
- John Deere IT Budgets
- John Deere Social Media Profiles
- John Deere Actionable Sales Trigger Events
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