Cory Reed - Deere President
DE Stock | USD 446.65 9.11 2.08% |
President
Mr. Cory J. Reed redesignated as President Worldwide Agriculture Turf Division, Americas and Australia, Global Harvesting and Turf Platforms, and Ag Solutions of the Company effective April 1, 2019. Mr. Reed is currently Senior Vice President in the Worldwide Agriculture Turf Division with responsibility for the Intelligent Solutions Group. He was instrumental in developing and implementing Deere precision agriculture strategy. Reed joined Deere in 1998 and has held a variety of marketing and sales positions including marketing manager for large tractors, regional sales and marketing for John Deere International in Switzerland. He later became Senior Vice President, Global Marketing Services for the Worldwide Agriculture Turf Division before assuming his current role. Mr. Reed holds an undergraduate degree in Finance from Miami University and a law degree from The Ohio State University. since 2020.
Age | 53 |
Tenure | 4 years |
Address | One John Deere Place, Moline, IL, United States, 61265 |
Phone | 309 765 8000 |
Web | https://www.deere.com |
Cory Reed Latest Insider Activity
Tracking and analyzing the buying and selling activities of Cory Reed against Deere stock is an integral part of due diligence when investing in Deere. Cory Reed insider activity provides valuable insight into whether Deere is net buyers or sellers over its current business cycle. Note, Deere insiders must abide by specific rules, including filing SEC forms every time they buy or sell Deere'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Cory Reed over three months ago Disposition of 4680 shares by Cory Reed of Deere at 151.95 subject to Rule 16b-3 |
Deere Management Efficiency
The company has Return on Asset (ROA) of 0.0786 % which means that for every $100 of assets, it generated a profit of $0.0786. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.3548 %, which means that it produced $0.3548 on every 100 dollars invested by current stockholders. Deere's management efficiency ratios could be used to measure how well Deere manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
Return On Equity | 0.35 | ||||
Return On Asset | 0.0786 |
Deere Company Leadership Team
Elected by the shareholders, the Deere's board of directors comprises two types of representatives: Deere inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Deere. The board's role is to monitor Deere's management team and ensure that shareholders' interests are well served. Deere's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Deere's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sherry Smith, Independent Director | ||
Justin Rose, Customer Solutions | ||
Leanne Caret, Independent Director | ||
Joshua Jepsen, Senior CFO | ||
Lawrence Sidwell, Senior Division | ||
Josh Beal, Director Relations | ||
Ryan Campbell, Chief Financial Officer, Senior Vice President | ||
Rajesh Kalathur, President - John Deere and Financial, Chief Information Officer | ||
Tami Erwin, Independent Director | ||
Mary Jones, Senior Vice President, General Counsel & Worldwide Public Affairs | ||
Dmitri Stockton, Independent Director | ||
John May, President, Chief Executive Officer, Chief Operating Officer, Director | ||
John II, President Chairman | ||
Jill Sanchez, Manager Relations | ||
Kellye Walker, Chief VP | ||
Felecia JD, Senior Officer | ||
Brent Norwood, Director Relations | ||
Alan Heuberger, Independent Director | ||
Thomas Spitzfaden, VP Treasurer | ||
Sheila Talton, Independent Director | ||
Tamra Erwin, Independent Director | ||
John Stone, President - Worldwide Construction & Forestry and Power Systems | ||
James Field, President of Agriculture and Turf Division - Global Harvesting and Turf Platforms, Americas and Australia | ||
Edward Berk, Corporate Secretary | ||
Renee Mailhot, VP Officer | ||
Jahmy Hindman, Chief Officer | ||
Clayton Jones, Independent Director | ||
Cory Reed, President, Worldwide Agriculture & Turf Division, Production & Precision Ag, Sales & Marketing Regions of the Americas and Australia | ||
Gregory Page, Independent Director | ||
Michael Johanns, Independent Director | ||
Aaron Wetzel, Vice Systems | ||
Jeffrey Trahan, Vice Investments | ||
Markwart Pentz, President, Worldwide Agriculture & Turf Division, Small Ag & Turf, Sales & Marketing Regions of Europe, CIS, Asia and Africa | ||
Dipak Jain, Independent Director | ||
Charles Holliday, Presiding Independent Director | ||
Marc Howze, Group President of Lifecycle Solutions & Chief Administrative Officer | ||
David Thorne, Utility Turf |
Deere Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Deere a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Return On Equity | 0.35 | ||||
Return On Asset | 0.0786 | ||||
Profit Margin | 0.15 % | ||||
Operating Margin | 0.19 % | ||||
Current Valuation | 178.92 B | ||||
Shares Outstanding | 273.6 M | ||||
Shares Owned By Insiders | 0.17 % | ||||
Shares Owned By Institutions | 80.28 % | ||||
Number Of Shares Shorted | 5.37 M | ||||
Price To Earning | 22.06 X |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deere Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Agricultural & Farm Machinery space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Deere. If investors know Deere will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Deere listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.38) | Earnings Share 25.64 | Revenue Per Share 200.394 | Quarterly Revenue Growth (0.17) | Return On Assets 0.0786 |
The market value of Deere Company is measured differently than its book value, which is the value of Deere that is recorded on the company's balance sheet. Investors also form their own opinion of Deere's value that differs from its market value or its book value, called intrinsic value, which is Deere's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Deere's market value can be influenced by many factors that don't directly affect Deere's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Deere's value and its price as these two are different measures arrived at by different means. Investors typically determine if Deere is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Deere's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.