The Investor
28 Feb 2025, 19:58
Deere & Company Announces Voting Results from 2025 Annual Shareholders Meeting
Deere & Company held its annual shareholders meeting on February 26, 2025, where key proposals were voted on.
**Election of Directors**
All nominees were elected for terms expiring at the 2026 annual meeting. Among the directors, R. Preston Feight received the highest number of votes in favor with 203.8 million shares, while John C. May and Gregory R. Page received the highest number of votes against, with 12.4 million and 13.1 million shares, respectively.
**Advisory Vote on Executive Compensation**
Shareholders approved the executive compensation package, with 182.4 million votes in favor, 21.9 million against, and 802,234 abstentions.
**Ratification of Deloitte & Touche LLP as Independent Auditor**
The selection of Deloitte & Touche LLP as the company’s independent registered public accounting firm for fiscal year 2025 was ratified with 222.8 million votes in favor, 13.3 million against, and 624,431 abstentions.
**Shareholder Proposals**
- A proposal requesting a report on racial and gender hiring statistics was rejected, with 2.8 million votes in favor and 200.2 million against.
- A proposal seeking a corporate financial sustainability report was not approved, with 2.0 million votes in favor and 201.0 million against.
- A proposal for a civil rights audit was rejected, receiving 59.8 million votes in favor and 142.8 million against.
- A proposal requesting a report on charitable giving was also voted down, with 2.5 million votes in favor and 200.5 million against.
- A shareholder proposal regarding efforts to create a meritocratic workplace was withdrawn before the vote.
The results reflect the company’s strong shareholder support for existing governance and financial practices while rejecting proposed changes in reporting on social and sustainability initiatives.
Deere & Company held its annual shareholders meeting on February 26, 2025, where key proposals were voted on.
**Election of Directors**
All nominees were elected for terms expiring at the 2026 annual meeting. Among the directors, R. Preston Feight received the highest number of votes in favor with 203.8 million shares, while John C. May and Gregory R. Page received the highest number of votes against, with 12.4 million and 13.1 million shares, respectively.
**Advisory Vote on Executive Compensation**
Shareholders approved the executive compensation package, with 182.4 million votes in favor, 21.9 million against, and 802,234 abstentions.
**Ratification of Deloitte & Touche LLP as Independent Auditor**
The selection of Deloitte & Touche LLP as the company’s independent registered public accounting firm for fiscal year 2025 was ratified with 222.8 million votes in favor, 13.3 million against, and 624,431 abstentions.
**Shareholder Proposals**
- A proposal requesting a report on racial and gender hiring statistics was rejected, with 2.8 million votes in favor and 200.2 million against.
- A proposal seeking a corporate financial sustainability report was not approved, with 2.0 million votes in favor and 201.0 million against.
- A proposal for a civil rights audit was rejected, receiving 59.8 million votes in favor and 142.8 million against.
- A proposal requesting a report on charitable giving was also voted down, with 2.5 million votes in favor and 200.5 million against.
- A shareholder proposal regarding efforts to create a meritocratic workplace was withdrawn before the vote.
The results reflect the company’s strong shareholder support for existing governance and financial practices while rejecting proposed changes in reporting on social and sustainability initiatives.
