Freeport-McMoRan Management
Management criteria checks 3/4
Freeport-McMoRan's CEO is Kathleen Quirk, appointed in Feb 2021, has a tenure of 3.33 years. total yearly compensation is $10.58M, comprised of 9.7% salary and 90.3% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth €89.05M. The average tenure of the management team and the board of directors is 3.8 years and 6.6 years respectively.
Key information
Kathleen Quirk
Chief executive officer
US$10.6m
Total compensation
CEO salary percentage | 9.7% |
CEO tenure | 3.3yrs |
CEO ownership | 0.1% |
Management average tenure | 3.8yrs |
Board average tenure | 6.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | US$2b |
Dec 31 2023 | US$11m | US$1m | US$2b |
Sep 30 2023 | n/a | n/a | US$2b |
Jun 30 2023 | n/a | n/a | US$2b |
Mar 31 2023 | n/a | n/a | US$3b |
Dec 31 2022 | US$10m | US$1m | US$3b |
Sep 30 2022 | n/a | n/a | US$4b |
Jun 30 2022 | n/a | n/a | US$5b |
Mar 31 2022 | n/a | n/a | US$5b |
Dec 31 2021 | US$7m | US$967k | US$4b |
Sep 30 2021 | n/a | n/a | US$4b |
Jun 30 2021 | n/a | n/a | US$3b |
Mar 31 2021 | n/a | n/a | US$2b |
Dec 31 2020 | US$6m | US$307k | US$596m |
Sep 30 2020 | n/a | n/a | -US$104m |
Jun 30 2020 | n/a | n/a | -US$641m |
Mar 31 2020 | n/a | n/a | -US$766m |
Dec 31 2019 | US$6m | US$800k | -US$245m |
Sep 30 2019 | n/a | n/a | US$229m |
Jun 30 2019 | n/a | n/a | US$996m |
Mar 31 2019 | n/a | n/a | US$2b |
Dec 31 2018 | US$7m | US$800k | US$3b |
Sep 30 2018 | n/a | n/a | US$3b |
Jun 30 2018 | n/a | n/a | US$3b |
Mar 31 2018 | n/a | n/a | US$2b |
Dec 31 2017 | US$9m | US$775k | US$2b |
Compensation vs Market: Kathleen's total compensation ($USD10.58M) is above average for companies of similar size in the German market ($USD5.28M).
Compensation vs Earnings: Kathleen's compensation has been consistent with company performance over the past year.
CEO
Kathleen Quirk (60 yo)
3.3yrs
Tenure
US$10,576,412
Compensation
Ms. Kathleen Lynne Quirk is Commissioner of PT Freeport Indonesia. Ms. Quirk serves as the President of McMoRan Exploration Company (formerly known as Freeport-Mcmoran Inc). since February 2021, served as...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO, President & Director | 3.3yrs | US$10.58m | 0.13% $ 89.1m | |
CFO & Senior VP | 2.3yrs | US$3.75m | 0.0018% $ 1.2m | |
Senior VP & Chief Administrative Officer | 5.4yrs | US$3.23m | 0.0069% $ 4.6m | |
Senior VP & General Counsel | 4.7yrs | US$2.93m | 0.0088% $ 5.9m | |
VP & Chief Accounting Officer | 2yrs | no data | 0.00067% $ 449.2k | |
VP, Chief Information Officer & Chief Innovation Officer | no data | no data | no data | |
Vice President of Investor Relations | no data | no data | no data | |
VP & Chief Human Resources Officer | no data | no data | no data | |
Senior Vice President of International Relations & Federal Government Affairs | no data | no data | no data | |
President & COO of Americas | 3.8yrs | no data | no data | |
VP & Chief Sustainability Officer | no data | no data | no data | |
President & COO of Freeport-McMoRan Indonesia | 8.9yrs | US$4.18m | no data |
3.8yrs
Average Tenure
59.5yo
Average Age
Experienced Management: FPMB's management team is considered experienced (3.8 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO, President & Director | 1.3yrs | US$10.58m | 0.13% $ 89.1m | |
Lead Independent Director | 17.4yrs | US$366.72k | 0.0046% $ 3.1m | |
Chairman Emeritus & Consultant | 8.5yrs | US$24.82m | no data | |
Chairman | 17.7yrs | US$24.02m | 0.33% $ 221.7m | |
Member of Advisory Board | no data | US$779.79k | no data | |
Member of Advisory Board | no data | US$555.93k | no data | |
Independent Director | 10.5yrs | US$322.35k | 0.0080% $ 5.4m | |
Independent Director | 3.2yrs | US$322.35k | 0.00097% $ 650.4k | |
Independent Director | 2.8yrs | US$302.35k | 0.00026% $ 174.3k | |
Independent Director | 3.2yrs | US$302.35k | 0.00097% $ 650.4k | |
Independent Director | 4.7yrs | US$327.35k | 0.0064% $ 4.3m | |
Independent Director | 11.4yrs | US$322.35k | 0.0071% $ 4.8m |
6.6yrs
Average Tenure
69yo
Average Age
Experienced Board: FPMB's board of directors are considered experienced (6.6 years average tenure).