Freeport-McMoRan Inc.

NYSE:FCX Stock Report

Mkt Cap: US$63.8b

Freeport-McMoRan Management

How experienced are the management team and are they aligned to shareholders interests?

1.5yrs

Average management tenure

CEO

Richard Adkerson (75 yo)

16.33yrs

Tenure

US$19,111,894

Compensation

Mr. Richard C. Adkerson serves as the Chairman of Freeport-McMoRan Inc. since February 2021 and also serves as its Chief Executive Officer since December 2003. He has been a Director of Freeport-McMoRan In...

CEO Compensation Analysis

How has Richard Adkerson's remuneration changed compared to Freeport-McMoRan's earnings?
DateTotal Comp.SalaryCompany Earnings
Dec 31 2022n/an/a

US$3b

Sep 30 2022n/an/a

US$4b

Jun 30 2022n/an/a

US$5b

Mar 31 2022n/an/a

US$5b

Dec 31 2021US$19mUS$2m

US$4b

Sep 30 2021n/an/a

US$4b

Jun 30 2021n/an/a

US$3b

Mar 31 2021n/an/a

US$2b

Dec 31 2020US$17mUS$613k

US$596m

Sep 30 2020n/an/a

-US$104m

Jun 30 2020n/an/a

-US$641m

Mar 31 2020n/an/a

-US$766m

Dec 31 2019US$16mUS$2m

-US$245m

Sep 30 2019n/an/a

US$229m

Jun 30 2019n/an/a

US$996m

Mar 31 2019n/an/a

US$2b

Dec 31 2018US$16mUS$2m

US$3b

Sep 30 2018n/an/a

US$3b

Jun 30 2018n/an/a

US$3b

Mar 31 2018n/an/a

US$2b

Dec 31 2017US$18mUS$2m

US$2b

Sep 30 2017n/an/a

US$1b

Jun 30 2017n/an/a

US$1b

Mar 31 2017n/an/a

US$462m

Dec 31 2016US$16mUS$1m

-US$4b

Compensation vs Market: Richard's total compensation ($USD19.11M) is above average for companies of similar size in the US market ($USD12.57M).

Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.

Leadership Team

NamePositionTenureCompensationOwnership
Richard Adkerson
Chairman & CEO19.17yrsUS$19.11m0.25%
$ 160.5m
Kathleen Quirk
President2yrsUS$7.45m0.11%
$ 67.3m
Stephen Higgins
Senior VP & Chief Administrative Officerno dataUS$2.46m0.0045%
$ 2.9m
Douglas Currault
Senior VP & General Counsel1.08yrsUS$2.35m0.0066%
$ 4.2m
Maree Robertson
CFO & Senior VP0.92yrno datano data
Ellie Mikes
VP, Chief Accounting Officer & Assistant Treasurer0.67yrno datano data
Bertrand Odinet
VP, Chief Information Officer & Chief Innovation Officerno datano datano data
David Joint
Vice President of Investor Relationsno datano datano data
Pamela Masson
VP & Chief Human Resources Officerno datano datano data
W. King
Senior Vice President of International Relations & Federal Government Affairsno datano datano data
Lynne Cooney
VP & Assistant to the Chairmanno datano datano data
Joshua Olmsted
President & COO of Americas2.42yrsno datano data

1.5yrs

Average Tenure

55yo

Average Age

Experienced Management: FCX's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Richard Adkerson
Chairman & CEO16.33yrsUS$19.11m0.25%
$ 160.5m
Dustan McCoy
Lead Independent Director16.08yrsUS$363.66k0.0040%
$ 2.6m
James Moffett
Chairman Emeritus & Consultant7.17yrsUS$24.82mno data
J. Johnston
Member of Advisory Boardno dataUS$779.79kno data
J. Roy
Member of Advisory Boardno dataUS$555.93kno data
Sara Lewis
Independent Director1.5yrsUS$190.79k0.00097%
$ 618.6k
Lydia Kennard
Independent Director9.17yrsUS$306.67k0.0074%
$ 4.7m
David Abney
Independent Director1.83yrsUS$285.13k0.00031%
$ 197.7k
Marcela Donadio
Independent Director1.5yrsUS$190.79kno data
Robert Dudley
Independent Director1.83yrsUS$285.13k0.00031%
$ 197.7k
John Stephens
Independent Director3.33yrsUS$318.00k0.0063%
$ 4.0m
Frances Townsend
Independent Director10.08yrsUS$308.00k0.0065%
$ 4.1m

5.3yrs

Average Tenure

67yo

Average Age

Experienced Board: FCX's board of directors are considered experienced (5.3 years average tenure).