Cory J.  Reed net worth and biography

Cory Reed Biography and Net Worth

Insider of Deere & Company
Cory Reed is President, Worldwide Agriculture & Turf Division, Production and Precision Ag, and also is responsible for the North and South American and Australian markets. In this role, Reed leads a team that develops and delivers equipment solutions providing value for production-scale grain, cotton, and sugar growers. He was appointed to the role in June 2020.

Reed has spent the past two decades focused on understanding the productivity and profitability needs of farmers and ranchers. Prior to his current role, he served as the Ag & Turf president responsible for the crop care, crop harvesting, and turf and utility businesses, as well as the North and South American and Australian markets.

Reed joined John Deere in 1998. His previous leadership assignments included President, John Deere Financial; Senior Vice President, Intelligent Solutions Group; Senior Vice President, Global Marketing Services; marketing manager for large tractors; branch and region sales manager roles in Europe; and division and territory manager roles in the U.S.

As a leader, Reed has helped lay the foundation for the current John Deere precision-farming platform. His team's work combined data-driven decisions with Deere's industry-leading equipment, resulting in a tremendous benefit to the farmer. In 2019, under Reed's leadership, the company's large R4038 Self-Propelled Sprayer was recognized as the "Best at CES (the Consumer Electronics Show) — Sustainability Award" by tech media.

Reed has also been a strong advocate for the ag industry globally, sitting on the boards of the National FFA Foundation and America's Cultivation Corridor, respectively.

He graduated from Miami University in Oxford, Ohio, with a bachelor's degree in finance. He received a Juris Doctorate degree from the Ohio State University College of Law.

What is Cory J. Reed's net worth?

The estimated net worth of Cory J. Reed is at least $17.17 million as of June 24th, 2024. Mr. Reed owns 41,642 shares of Deere & Company stock worth more than $17,170,662 as of October 3rd. This net worth approximation does not reflect any other assets that Mr. Reed may own. Additionally, Mr. Reed receives an annual salary of $2,780,000.00 as Insider at Deere & Company. Learn More about Cory J. Reed's net worth.

How old is Cory J. Reed?

Mr. Reed is currently 53 years old. There are 6 older executives and no younger executives at Deere & Company. The oldest executive at Deere & Company is Mr. John C. May II, Chairman, President & CEO, who is 55 years old. Learn More on Cory J. Reed's age.

What is Cory J. Reed's salary?

As the Insider of Deere & Company, Mr. Reed earns $2,780,000.00 per year. There are 3 executives that earn more than Mr. Reed. The highest earning executive at Deere & Company is Mr. John C. May II, Chairman, President & CEO, who commands a salary of $8,110,000.00 per year. Learn More on Cory J. Reed's salary.

How do I contact Cory J. Reed?

The corporate mailing address for Mr. Reed and other Deere & Company executives is ONE JOHN DEERE PLACE, MOLINE IL, 61265. Deere & Company can also be reached via phone at (309) 765-8000. Learn More on Cory J. Reed's contact information.

Has Cory J. Reed been buying or selling shares of Deere & Company?

Cory J. Reed has not been actively trading shares of Deere & Company during the last ninety days. Most recently, Cory J. Reed sold 13,370 shares of the business's stock in a transaction on Monday, June 24th. The shares were sold at an average price of $377.63, for a transaction totalling $5,048,913.10. Following the completion of the sale, the insider now directly owns 41,642 shares of the company's stock, valued at $15,725,268.46. Learn More on Cory J. Reed's trading history.

Who are Deere & Company's active insiders?

Deere & Company's insider roster includes D. Campbell (CFO), Tami Erwin (Director), Marc Howze (CAO), Mary Jones (SVP), Rajesh Kalathur (Insider), John May II (CEO), Cory Reed (Insider), John Stone (Insider), and Markwart von Pentz (Insider). Learn More on Deere & Company's active insiders.

Are insiders buying or selling shares of Deere & Company?

During the last twelve months, insiders at the industrial products company sold shares 1 times. They sold a total of 13,370 shares worth more than $5,048,913.10. The most recent insider tranaction occured on June, 24th when insider Cory J Reed sold 13,370 shares worth more than $5,048,913.10. Insiders at Deere & Company own 0.3% of the company. Learn More about insider trades at Deere & Company.

Information on this page was last updated on 6/24/2024.

Cory J. Reed Insider Trading History at Deere & Company

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
6/24/2024Sell13,370$377.63$5,048,913.1041,642View SEC Filing Icon  
7/25/2023Sell4,680$449.75$2,104,830.0036,563View SEC Filing Icon  
11/8/2022Sell984$405.11$398,628.2430,946View SEC Filing Icon  
11/4/2022Sell285$400.76$114,216.6030,946View SEC Filing Icon  
10/31/2022Sell2,034$401.75$817,159.5030,946View SEC Filing Icon  
10/27/2022Sell6,697$401.12$2,686,300.6430,946View SEC Filing Icon  
8/11/2021Sell6,188$385.00$2,382,380.00View SEC Filing Icon  
12/13/2017Sell6,416$151.54$972,280.6411,383View SEC Filing Icon  
6/16/2017Sell4,936$128.00$631,808.009,903View SEC Filing Icon  
5/25/2017Sell5,601$123.00$688,923.0010,568View SEC Filing Icon  
5/19/2017Sell5,840$119.59$698,405.6010,807View SEC Filing Icon  
2/28/2017Sell3,665$110.00$403,150.008,632View SEC Filing Icon  
2/22/2017Sell1,829$108.78$198,958.626,796View SEC Filing Icon  
See Full Table

Cory J. Reed Buying and Selling Activity at Deere & Company

This chart shows Cory J Reed's buying and selling at Deere & Company by year and by quarter.

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Deere & Company Company Overview

Deere & Company logo
Deere & Company engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides large and medium tractors, combines, cotton pickers and strippers, sugarcane harvesters and loaders, harvesting front-end equipment, pull-behind scrapers, and tillage and seeding equipment, as well as application equipment, including sprayers and nutrient management, and soil preparation machinery for grain growers. The Small Agriculture and Turf segment offers utility tractors, and related loaders and attachments; turf and utility equipment, including riding lawn equipment, commercial mowing equipment, golf course equipment, and utility vehicles, as well as implements for mowing, tilling, snow and debris handling, aerating, residential, commercial, golf, and sports turf care applications; other outdoor power products; and hay and forage equipment. This segment also resells products from other manufacturers. It serves dairy and livestock producers, crop producers, and turf and utility customers. The Construction and Forestry segment provides a range of backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, landscape and skid-steer loaders, milling machines, pavers, compactors, rollers, crushers, screens, asphalt plants, log skidders, log feller bunchers, log loaders and forwarders, log harvesters, and attachments; and roadbuilding equipment. The Financial Services segment finances sales and leases agriculture and turf, and construction and forestry equipment. It also offers wholesale financing to dealers of the foregoing equipment; and extended equipment warranties, as well as finances retail revolving charge accounts. The company was founded in 1837 and is headquartered in Moline, Illinois.
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Today's Range

Now: $408.74
Low: $407.72
High: $413.83

50 Day Range

MA: $382.11
Low: $344.84
High: $418.06

2 Week Range

Now: $408.74
Low: $340.20
High: $420.47

Volume

976,345 shs

Average Volume

1,504,162 shs

Market Capitalization

$112.64 billion

P/E Ratio

12.30

Dividend Yield

1.43%

Beta

0.92