John Deere CEO Samuel Allen's 2018 pay rises 15% to $19M
John Deere reports 2018 executive compensation
By ExecPay News
Published: January 11, 2019
John Deere reported fiscal year 2018 executive compensation information on January 11, 2019.
In 2018, five John Deere executives received on average a compensation package of $7.3M, a 9% increase compared to previous year.
Average pay of disclosed executives at John Deere
Samuel R. Allen, Chief Executive Officer, received $19M in total, which increased by 15% compared to 2017. 50% of Allen's compensation, or $9.2M, was in stock awards. Allen also received $287K of change in pension value and nonqualified deferred compensation earnings, $3.7M in non-equity incentive plan, $3.2M in option awards, $1.5M in salary, as well as $577K in other compensation.
Jean H. Gilles, Senior Vice President, John Deere Power Systems, Worldwide Parts Services, Advanced Technology & Engineering, and Global Supply Management & Logistics, received a compensation package of $4.6M, which decreased by 1% compared to previous year. 38% of the compensation package, or $1.7M, was in stock awards.
James M. Field, President, Worldwide Ag & Turf Division Global Harvesting & Turf Platforms, Americas & Australia, earned $4.6M in 2018, a 4% increase compared to previous year.
Rajesh Kalathur, Chief Financial Officer, received $4.3M in 2018, which increases by 7% compared to 2017.
John C. May, President, Agricultural Solutions and Chief Information Officer, earned $4.3M in 2018, a 6% increase compared to previous year.
John Deere's fiscal year ends on October 31.
Related executives
Samuel Allen
John Deere
Chief Executive Officer
Rajesh Kalathur
John Deere
President, John Deere Financial and Chief Information Officer
James Field
John Deere
Former President, Worldwide Construction & Forestry and Power Systems
Jean Gilles
John Deere
Senior Vice President, John Deere Power Systems, Worldwide Parts Services, Advanced Technology & Engineering, and Global Supply Management & Logistics
John May
John Deere
Chief Executive Officer
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Source: SEC filing on January 11, 2019.