Deere & Company Investor Relations - John Deere
Deere & Company Investor Relations - John Deere
Deere & Company Investor Relations - John Deere
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The <strong>John</strong> <strong>Deere</strong> Strategy<br />
Foundational Success Factors<br />
16<br />
Aligned High-Performance Teamwork<br />
� Integral part of strategy, reinforced with compensation<br />
� Global Performance Management reinforces alignment<br />
� Base pay changes linked to achieving goals<br />
STI: Short-Term Incentive – Bonus focuses on OROA/ROE<br />
� Covers most worldwide salaried employees<br />
� Applies one enterprise-wide bonus metric<br />
MTI: Mid-Term Incentive – Bonus driven by sustained SVA creation<br />
� About 8,200 management employees eligible<br />
LTI: Long-Term Incentive – Primarily stock options<br />
� Top 900 employees eligible<br />
� Minimum stock holding requirements for senior management (~ top 125)<br />
| <strong>Deere</strong> & <strong>Company</strong> | May / June 2012