John Deere CEO Samuel Allen's 2018 pay rises 15% to $18.5M
John Deere reports 2018 executive compensation
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 $18.5M in total, which increased by 15% compared to 2017. 49.92% of Allen's compensation, or $9.2M, was in stock awards. Allen also received $286.5K 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 $577.2K 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. 37.55% 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 28.