Freeport-McMoRan Management
Management criteria checks 4/4
Freeport-McMoRan's CEO is Kathleen Quirk, appointed in Feb 2021, has a tenure of 3.83 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 $74.14M. The average tenure of the management team and the board of directors is 4 years and 7.1 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 | 7.1yrs |
Recent management updates
Recent updates
Freeport-McMoRan's (NYSE:FCX) Dividend Will Be $0.15
Dec 23
Freeport-McMoRan: A Good Option To Capitalize On The Future Of Copper
Dec 19Is Freeport-McMoRan (NYSE:FCX) A Risky Investment?
Nov 07Investors Will Want Freeport-McMoRan's (NYSE:FCX) Growth In ROCE To Persist
Oct 21Freeport'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's Strong Assets Aren't Sufficient With Today's Prices
Nov 02Freeport-McMoRan - 2023: A Bit Of A Lost Year
Oct 22Freeport-McMoRan Stock: Buckle Up For The Copper Surge
Oct 02Freeport-McMoRan: Irrational Beatdown Is Not Justified
Sep 01Freeport-McMoRan: Still A 'Hold'
Aug 17Freeport-McMoRan: Riding The Copper Boom, A Top Pick
Aug 01Freeport-McMoRan: Keeping My Bullish Call Before Earnings
Jul 18Freeport-McMoRan: Declining Free Cash Flow Spells Trouble
Jun 23Freeport-McMoRan Will Make Up A Sizable Part Of Future Energy Markets
May 23CEO 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% $ 74.1m | |
| Executive VP & CFO | 2.8yrs | US$3.75m | 0.00093% $ 519.3k | |
| Executive VP & Chief Administrative Officer | 5.9yrs | US$3.23m | 0.0069% $ 3.8m | |
| Executive VP & General Counsel | 5.2yrs | US$2.93m | 0.0088% $ 4.9m | |
| VP & Chief Accounting Officer | 2.5yrs | no data | 0.00067% $ 374.1k | |
| 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 | 4.3yrs | 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% $ 74.1m | |
| Lead Independent Director | 17.9yrs | US$366.72k | 0.0046% $ 2.6m | |
| Chairman Emeritus & Consultant | 9yrs | US$24.82m | no data | |
| Chairman | 18.2yrs | US$24.02m | 0.29% $ 164.6m | |
| Member of Advisory Board | no data | US$779.79k | no data | |
| Member of Advisory Board | no data | US$555.93k | no data | |
| Independent Director | 11yrs | US$322.35k | 0.0080% $ 4.5m | |
| Independent Director | 3.7yrs | US$322.35k | 0.00097% $ 541.6k | |
| Independent Director | 3.3yrs | US$302.35k | 0.00026% $ 145.2k | |
| Independent Director | 3.7yrs | US$302.35k | 0.00097% $ 541.6k | |
| Independent Director | 5.2yrs | US$327.35k | 0.0065% $ 3.6m | |
| Independent Director | 11.9yrs | US$322.35k | 0.0071% $ 4.0m |
7.1yrs
Average Tenure
69yo
Average Age
Experienced Board: FCX's board of directors are considered experienced (7.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 23:35 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Freeport-McMoRan Inc. is covered by 54 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Coleman | Argus Research Company |
| Ishan Majumdar | Baptista Research |
| Peter Ward | Barclays |