Freeport-McMoRan Management
Management criteria checks 4/4
Freeport-McMoRan's CEO is Kathleen Quirk, appointed in Feb 2021, has a tenure of 3.75 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 $89.64M. The average tenure of the management team and the board of directors is 4 years and 7 years respectively.
Key information
Kathleen Quirk
Chief executive officer
US$10.6m
Total compensation
| CEO salary percentage | 9.7% |
| CEO tenure | 3.8yrs |
| CEO ownership | 0.1% |
| Management average tenure | 4yrs |
| Board average tenure | 7yrs |
Recent management updates
Recent updates
Investors Will Want Freeport-McMoRan's (NYSE:FCX) Growth In ROCE To Persist
Oct 21
Freeport's Stock Is Likely Fully-Priced At These Levels
Oct 09Investors Appear Satisfied With Freeport-McMoRan Inc.'s (NYSE:FCX) Prospects As Shares Rocket 26%
Oct 06Freeport-McMoRan: Exciting And Concerning At The Same Time
Sep 29Freeport-McMoRan: Revoking Dr. Copper's Honorary Ph.D.? (Technical Analysis)
Sep 03Freeport-McMoRan: Lowered FY2024 Guidance Implies Minimal Chance For Raised Dividends
Aug 26We Think Freeport-McMoRan (NYSE:FCX) Can Stay On Top Of Its Debt
Aug 09Freeport-McMoRan: Don't Get Stuck Focusing On Q2 Results
Jul 22The Return Trends At Freeport-McMoRan (NYSE:FCX) Look Promising
Jul 11An Intrinsic Calculation For Freeport-McMoRan Inc. (NYSE:FCX) Suggests It's 43% Undervalued
Jun 23Freeport-McMoRan: Supply/Demand Imbalance For Copper Already Priced In
Jun 10Shareholders Should Be Pleased With Freeport-McMoRan Inc.'s (NYSE:FCX) Price
Jun 09Freeport-McMoRan: AI Data Center Winner (Rating Upgrade)
May 11Freeport-McMoRan: Bold Management Guidance Warrants Taking Some Profits
Apr 27Results: Freeport-McMoRan Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Apr 26Freeport-McMoRan Is Overpriced
Apr 07Freeport-McMoRan: A Large High-Margin Copper-Focused Miner
Apr 01Freeport-McMoRan's Electrification Story Boosted By Mine Closure & Future's Rally
Mar 19Freeport-McMoRan (NYSE:FCX) Has More To Do To Multiply In Value Going Forward
Mar 15Freeport-McMoRan Inc.'s (NYSE:FCX) Earnings Haven't Escaped The Attention Of Investors
Feb 29Freeport-McMoRan: Where Copper Meets Opportunity
Feb 15Estimating The Fair Value Of Freeport-McMoRan Inc. (NYSE:FCX)
Jan 30We Think Freeport-McMoRan (NYSE:FCX) Is Taking Some Risk With Its Debt
Jan 15Freeport-McMoRan: Brace For More Pain On The Leading Copper Miner (Downgrade)
Jan 14Copper's Golden Ticket: Unveiling Freeport-McMoRan's Bull Case
Jan 05Freeport-McMoRan (NYSE:FCX) Has Announced A Dividend Of $0.15
Dec 29Time For Copper To Shine: The Case For Southern Copper And Freeport-McMoRan
Dec 13Freeport-McMoRan: Copper's Rally Helps, But Shares Near Fair Value
Dec 04Freeport-McMoRan (NYSE:FCX) Will Want To Turn Around Its Return Trends
Nov 17Freeport-McMoRan's Strong Assets Aren't Sufficient With Today's Prices
Nov 02Freeport-McMoRan - 2023: A Bit Of A Lost Year
Oct 22These 4 Measures Indicate That Freeport-McMoRan (NYSE:FCX) Is Using Debt Extensively
Oct 10Freeport-McMoRan Stock: Buckle Up For The Copper Surge
Oct 02Freeport-McMoRan (NYSE:FCX) Will Pay A Dividend Of $0.15
Sep 23Freeport-McMoRan: Irrational Beatdown Is Not Justified
Sep 01Estimating The Intrinsic Value Of Freeport-McMoRan Inc. (NYSE:FCX)
Sep 01Freeport-McMoRan: Still A 'Hold'
Aug 17Freeport-McMoRan (NYSE:FCX) Might Be Having Difficulty Using Its Capital Effectively
Aug 14Freeport-McMoRan: Riding The Copper Boom, A Top Pick
Aug 01Freeport-McMoRan: Keeping My Bullish Call Before Earnings
Jul 18Freeport-McMoRan's (NYSE:FCX) Dividend Will Be $0.15
Jun 29Freeport-McMoRan: Declining Free Cash Flow Spells Trouble
Jun 23Here's Why Freeport-McMoRan (NYSE:FCX) Has A Meaningful Debt Burden
Jun 02Freeport-McMoRan Will Make Up A Sizable Part Of Future Energy Markets
May 23Calculating The Intrinsic Value Of Freeport-McMoRan Inc. (NYSE:FCX)
May 14CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$2b |
| Jun 30 2024 | n/a | n/a | US$2b |
| 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 about average for companies of similar size in the US market ($USD12.86M).
Compensation vs Earnings: Kathleen's compensation has been consistent with company performance over the past year.
CEO
Kathleen Quirk (60 yo)
3.8yrs
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 | 3.8yrs | US$10.58m | 0.13% $ 89.6m | |
| Executive VP & CFO | 2.7yrs | US$3.75m | 0.0018% $ 1.2m | |
| Executive VP & Chief Administrative Officer | 5.8yrs | US$3.23m | 0.0069% $ 4.6m | |
| Executive VP & General Counsel | 5.1yrs | US$2.93m | 0.0088% $ 5.9m | |
| VP & Chief Accounting Officer | 2.4yrs | no data | 0.00067% $ 452.4k | |
| 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 | 4.2yrs | no data | no data | |
| VP & Chief Sustainability Officer | no data | no data | no data | |
| Senior VP & Chief Commercial Officer | no data | no data | no data |
4.0yrs
Average Tenure
59yo
Average Age
Experienced Management: FCX's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.8yrs | US$10.58m | 0.13% $ 89.6m | |
| Lead Independent Director | 17.8yrs | US$366.72k | 0.0046% $ 3.1m | |
| Chairman Emeritus & Consultant | 8.9yrs | US$24.82m | no data | |
| Chairman | 18.1yrs | US$24.02m | 0.29% $ 199.1m | |
| Member of Advisory Board | no data | US$779.79k | no data | |
| Member of Advisory Board | no data | US$555.93k | no data | |
| Independent Director | 10.9yrs | US$322.35k | 0.0080% $ 5.4m | |
| Independent Director | 3.6yrs | US$322.35k | 0.00097% $ 654.9k | |
| Independent Director | 3.3yrs | US$302.35k | 0.00026% $ 175.5k | |
| Independent Director | 3.6yrs | US$302.35k | 0.00097% $ 654.9k | |
| Independent Director | 5.1yrs | US$327.35k | 0.0065% $ 4.4m | |
| Independent Director | 11.8yrs | US$322.35k | 0.0071% $ 4.8m |
7.0yrs
Average Tenure
69yo
Average Age
Experienced Board: FCX's board of directors are considered experienced (7 years average tenure).