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Consumer & Retail

Corteva Executive Compensation (FY25)

CTVA · Indianapolis, IN · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Charles Magro
Median of the other named officers
$3,751,442
5 officers, excluding the chief executive
Latest say-on-pay support
=
April 28, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of November 4, 2026Latest filing (8-K): May 1, 2026
12 filings cited on this page
A report that fails to generate is refunded in full
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411 figures on this page: 404 cited to the filing that reported them, 7 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Charles Magro: $14,507,058 → $17,499,399 (20.6% higher)
Say-on-pay support: 88.6% → 95.3% (6.7 points higher)
CEO pay ratio: 178:1 → 206:1 (15.7% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Corteva's chief executive and what were they paid?
Total compensation for Charles Magro, Chief Executive Officer, came to $17,499,399 in fiscal 2025. Compared with the $14,507,058 reported for fiscal 2024, Magro's total was 20.6% higher.
What was Corteva's say-on-pay result?
The say-on-pay proposal drew 95.3% of votes cast for or against in favor at the meeting held April 28, 2026 for fiscal 2025.
Which companies are in Corteva's peer group?
The disclosed peer group includes 3M Company, Air Products and Chemicals, Inc., Archer-Daniels Midland Company, Avery Dennison Corporation and Becton, Dickinson and Co., among others.
What is Corteva's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 206:1, against median employee compensation of $85,012.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Charles Magro
Chief Executive Officer
◇—◇◇◇—◇◇
David Anderson
Executive Vice President and Chief Financial Officer
◇—◇◇◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Charles Magro
Chief Executive Officer
◇—◇◇◇—◇◇
David Anderson
EVP & Chief Financial Officer
◇—◇◇◇—◇◇
Timothy Glenn
EVP, Seed Business Unit
◇—◇◇◇◇◇◇
Samuel Eathington
EVP, Chief Technology & Digital Officer
◇—◇◇◇—◇◇
Robert King
EVP, Crop Protection Business Unit
◇—◇◇◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Charles Magro
Chief Executive Officer
◇—◇◇◇—◇◇
David Johnson
EVP, Chief Financial Officer
◇◇◇◇◇—◇◇
David Anderson
Former EVP, Chief Financial Officer
Departed during or after this year
◇—◇◇◇—◇◇
Timothy Glenn
Former EVP, Seed Business Unit
Departed during or after this year
◇—◇◇◇—◇◇
Samuel Eathington
EVP, Chief Technology & Digital Officer
◇—◇◇◇—◇◇
Robert King
EVP, Crop Protection Business Unit
◇—◇◇◇—◇◇
Cornel Fuerer
SVP, Chief Legal & Public Affairs Officer & Secretary
◇—◇◇◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Charles Magro
Chief Executive Officer
◇—◇◇◇—◇◇
David Johnson
Executive Vice President, Chief Financial Officer
◇—◇◇◇—◇◇
Samuel Eathington
Executive Vice President, Chief Technology & Digital Officer
◇—◇◇◇—◇◇
Robert King
Executive Vice President, Crop Protection Business Unit
◇—◇◇◇—◇◇
Cornel Fuerer
Former Senior Vice President, Chief Legal and Public Affairs Officer & Secretary
Departed during or after this year
◇—◇◇◇—◇◇
Judd O'Connor
Executive Vice President, Seed Business Unit
◇—◇◇◇◇◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Charles V. MagroPSU◇◇◇—◇—◇
Charles V. MagroRSU◇——◇——◇
Charles V. MagroOPTION◇——◇—◇◇
Cornel B. FuererRSU◇——◇——◇
Cornel B. FuererPSU◇◇◇—◇—◇
Cornel B. FuererOPTION◇——◇—◇◇
David P. JohnsonRSU◇——◇——◇
David P. JohnsonPSU◇◇◇—◇—◇
David P. JohnsonOPTION◇——◇—◇◇
Judd M. O'ConnorPSU◇◇◇—◇—◇
Judd M. O'ConnorRSU◇——◇——◇
Judd M. O'ConnorOPTION◇——◇—◇◇
Robert D. KingPSU◇◇◇—◇—◇
Robert D. KingRSU◇——◇——◇
Robert D. KingOPTION◇——◇—◇◇
Samuel R. EathingtonRSU◇——◇——◇
Samuel R. EathingtonPSU◇◇◇—◇—◇
Samuel R. EathingtonOPTION◇——◇—◇◇
Fiscal 2023 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Charles MagroPSU◇◇——
PSU◇◇——
Option◇—◇February 18, 2035
Option◇—◇February 20, 2034
RSU◇◇——
Option◇—◇February 28, 2033
RSU◇◇——
RSU◇◇——
David JohnsonRSU◇◇——
PSU◇◇——
PSU◇◇——
Option◇—◇February 18, 2035
Option◇—◇September 16, 2034
RSU◇◇——
Robert KingPSU◇◇——
PSU◇◇——
Option◇—◇February 18, 2035
Option◇—◇February 20, 2034
RSU◇◇——
Option◇—◇February 28, 2033
RSU◇◇——
RSU◇◇——
Cornel FuererPSU◇◇——
PSU◇◇——
Option◇—◇February 18, 2035
Option◇—◇February 20, 2034
RSU◇◇——
Option◇—◇February 28, 2033
RSU◇◇——
RSU◇◇——
Samuel EathingtonPSU◇◇——
PSU◇◇——
Option◇—◇February 18, 2035
Option◇—◇February 20, 2034
RSU◇◇——
Option◇—◇February 28, 2033
RSU◇◇——
RSU◇◇——
Judd O'ConnorPSU◇◇——
Option◇—◇February 18, 2035
PSU◇◇——
Option◇—◇February 20, 2034
RSU◇◇——
Option◇—◇February 28, 2033
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Charles Magro
Chief Executive Officer · Severance agreement
Severance multiple◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
Cornel Fuerer
Former Senior Vice President, Chief Legal and Public Affairs Officer & Secretary · Severance agreement
Severance multiple◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
Clawback◇
David Johnson
Executive Vice President, Chief Financial Officer · Severance agreement
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Non-compete period◇
Non-solicit period◇
Judd O'Connor
Executive Vice President, Seed Business Unit · Severance agreement
Equity acceleration on change in control◇
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
Clawback◇
Robert King
Executive Vice President, Crop Protection Business Unit · Severance agreement
Severance multiple◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Non-compete period◇
Non-solicit period◇
Samuel Eathington
Executive Vice President, Chief Technology & Digital Officer · Severance agreement
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Gregory R. Page
Board chair
◇◇———◇◇
Patrick J. Ward
◇◇———◇◇
Janet P. Giesselman
◇◇———◇◇
Klaus A. Engel
◇◇———◇◇
Kerry J. Preete
◇◇———◇◇
Lamberto Andreotti
◇◇———◇◇
David C. Everitt
◇◇———◇◇
Michael O. Johanns
◇◇———◇◇
Marcos M. Lutz
◇◇———◇◇
Karen H. Grimes
◇◇———◇◇
Nayaki R. Nayyar
◇◇———◇◇
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • 3M Company MMM
  • Air Products and Chemicals, Inc. APD
  • Archer-Daniels Midland Company ADM
  • Avery Dennison Corporation AVY
  • Becton, Dickinson and Co. BDX
  • Biogen Inc. BIIB
  • Celanese Corporation CE
  • Deere & Company DE
  • DuPont de Nemours, Inc. DD
  • Eastman Chemical Company EMN
  • Ecolab Inc. ECL
  • FMC Corporation FMC
  • Honeywell International Inc. HON
  • International Flavors & Fragrances, Inc. IFF
  • Nutrien Ltd. NTR
  • PPG Industries, Inc. PPG
  • The Sherwin-Williams Company SHW
  • Zoetis Inc. ZTS

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 28, 2026=◇◇◇
2024April 30, 2025=◇◇◇
2023April 26, 2024=◇◇◇
2022April 21, 2023=◇◇◇
2021April 29, 2022=◇◇◇
2020May 7, 2021=◇◇◇
2019April 28, 2020=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Corteva disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Corteva sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
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A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
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Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
411 figures on this page: 404 cited to the filing that reported them, 7 calculated from figures it prints.
404 cited to the filing
7 calculated from the filing

Documents cited

  1. 0001755672-26-000006
    Proposal 2 - Advisory Vote on Executive Compensation .
  2. 0001193125-26-116069
    2025 Summary Compensation Table · CEO Pay Ratio · Director Compensation · Outstanding Equity Awards
  3. 0001755672-25-000007
    Proposal 2 - Advisory Vote on Executive Compensation .
  4. 0000950170-25-043278
    2024 Summary Compensation Table
  5. 0001755672-24-000010
  6. 0001193125-24-069255
    2023 Summary Compensation Table
  7. 0001755672-23-000007
  8. 0001193125-23-067536
    Summary Compensation Table
  9. 0001755672-22-000009
  10. 0001193125-21-310412
    Employment Agreement
  11. 0001755672-21-000015
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001755672-20-000010
    Item 5.07 Submission of Matters to a Vote of Security Holders
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Velarion, “Corteva executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/CTVA (accessed 2026).
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12 filings cited on this page
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Consumer & Retail rankings

Chief executive pay — Consumer & RetailCEO pay ratio — Consumer & RetailSay-on-pay support — Consumer & Retail

Peers Corteva discloses

The companies named in CTVA's own disclosed peer group.

3M CompanyAir Products and Chemicals, Inc.Archer-Daniels Midland CompanyAvery Dennison CorporationBecton, Dickinson and Co.Biogen Inc.Celanese CorporationDeere & CompanyDuPont de Nemours, Inc.Eastman Chemical CompanyEcolab Inc.FMC CorporationHoneywell International Inc.International Flavors & Fragrances, Inc.PPG Industries, Inc.The Sherwin-Williams CompanyZoetis Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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