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 $83.49M. 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 percentage9.7%
CEO tenure3.8yrs
CEO ownership0.1%
Management average tenure4yrs
Board average tenure7yrs

Recent management updates

Recent updates

Is Freeport-McMoRan (NYSE:FCX) A Risky Investment?

Nov 07
Is Freeport-McMoRan (NYSE:FCX) A Risky Investment?

Investors Will Want Freeport-McMoRan's (NYSE:FCX) Growth In ROCE To Persist

Oct 21
Investors Will Want Freeport-McMoRan's (NYSE:FCX) Growth In ROCE To Persist

Freeport's Stock Is Likely Fully-Priced At These Levels

Oct 09

Investors Appear Satisfied With Freeport-McMoRan Inc.'s (NYSE:FCX) Prospects As Shares Rocket 26%

Oct 06
Investors Appear Satisfied With Freeport-McMoRan Inc.'s (NYSE:FCX) Prospects As Shares Rocket 26%

Freeport-McMoRan: Exciting And Concerning At The Same Time

Sep 29

Freeport-McMoRan: Revoking Dr. Copper's Honorary Ph.D.? (Technical Analysis)

Sep 03

Freeport-McMoRan: Lowered FY2024 Guidance Implies Minimal Chance For Raised Dividends

Aug 26

We Think Freeport-McMoRan (NYSE:FCX) Can Stay On Top Of Its Debt

Aug 09
We Think Freeport-McMoRan (NYSE:FCX) Can Stay On Top Of Its Debt

Freeport-McMoRan: Don't Get Stuck Focusing On Q2 Results

Jul 22

The Return Trends At Freeport-McMoRan (NYSE:FCX) Look Promising

Jul 11
The Return Trends At Freeport-McMoRan (NYSE:FCX) Look Promising

An Intrinsic Calculation For Freeport-McMoRan Inc. (NYSE:FCX) Suggests It's 43% Undervalued

Jun 23
An Intrinsic Calculation For Freeport-McMoRan Inc. (NYSE:FCX) Suggests It's 43% Undervalued

Freeport-McMoRan: Supply/Demand Imbalance For Copper Already Priced In

Jun 10

Shareholders Should Be Pleased With Freeport-McMoRan Inc.'s (NYSE:FCX) Price

Jun 09
Shareholders Should Be Pleased With Freeport-McMoRan Inc.'s (NYSE:FCX) Price

Freeport-McMoRan: AI Data Center Winner (Rating Upgrade)

May 11

Freeport-McMoRan: Bold Management Guidance Warrants Taking Some Profits

Apr 27

Results: Freeport-McMoRan Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Apr 26
Results: Freeport-McMoRan Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Freeport-McMoRan Is Overpriced

Apr 07

Freeport-McMoRan: A Large High-Margin Copper-Focused Miner

Apr 01

Freeport-McMoRan's Electrification Story Boosted By Mine Closure & Future's Rally

Mar 19

Freeport-McMoRan (NYSE:FCX) Has More To Do To Multiply In Value Going Forward

Mar 15
Freeport-McMoRan (NYSE:FCX) Has More To Do To Multiply In Value Going Forward

Freeport-McMoRan Inc.'s (NYSE:FCX) Earnings Haven't Escaped The Attention Of Investors

Feb 29
Freeport-McMoRan Inc.'s (NYSE:FCX) Earnings Haven't Escaped The Attention Of Investors

Freeport-McMoRan: Where Copper Meets Opportunity

Feb 15

Estimating The Fair Value Of Freeport-McMoRan Inc. (NYSE:FCX)

Jan 30
Estimating The Fair Value Of Freeport-McMoRan Inc. (NYSE:FCX)

We Think Freeport-McMoRan (NYSE:FCX) Is Taking Some Risk With Its Debt

Jan 15
We Think Freeport-McMoRan (NYSE:FCX) Is Taking Some Risk With Its Debt

Freeport-McMoRan: Brace For More Pain On The Leading Copper Miner (Downgrade)

Jan 14

Copper's Golden Ticket: Unveiling Freeport-McMoRan's Bull Case

Jan 05

Freeport-McMoRan (NYSE:FCX) Has Announced A Dividend Of $0.15

Dec 29
Freeport-McMoRan (NYSE:FCX) Has Announced A Dividend Of $0.15

Time For Copper To Shine: The Case For Southern Copper And Freeport-McMoRan

Dec 13

Freeport-McMoRan: Copper's Rally Helps, But Shares Near Fair Value

Dec 04

Freeport-McMoRan (NYSE:FCX) Will Want To Turn Around Its Return Trends

Nov 17
Freeport-McMoRan (NYSE:FCX) Will Want To Turn Around Its Return Trends

Freeport-McMoRan's Strong Assets Aren't Sufficient With Today's Prices

Nov 02

Freeport-McMoRan - 2023: A Bit Of A Lost Year

Oct 22

These 4 Measures Indicate That Freeport-McMoRan (NYSE:FCX) Is Using Debt Extensively

Oct 10
These 4 Measures Indicate That Freeport-McMoRan (NYSE:FCX) Is Using Debt Extensively

Freeport-McMoRan Stock: Buckle Up For The Copper Surge

Oct 02

Freeport-McMoRan (NYSE:FCX) Will Pay A Dividend Of $0.15

Sep 23
Freeport-McMoRan (NYSE:FCX) Will Pay A Dividend Of $0.15

Freeport-McMoRan: Irrational Beatdown Is Not Justified

Sep 01

Estimating The Intrinsic Value Of Freeport-McMoRan Inc. (NYSE:FCX)

Sep 01
Estimating The Intrinsic Value Of Freeport-McMoRan Inc. (NYSE:FCX)

Freeport-McMoRan: Still A 'Hold'

Aug 17

Freeport-McMoRan (NYSE:FCX) Might Be Having Difficulty Using Its Capital Effectively

Aug 14
Freeport-McMoRan (NYSE:FCX) Might Be Having Difficulty Using Its Capital Effectively

Freeport-McMoRan: Riding The Copper Boom, A Top Pick

Aug 01

Freeport-McMoRan: Keeping My Bullish Call Before Earnings

Jul 18

Freeport-McMoRan's (NYSE:FCX) Dividend Will Be $0.15

Jun 29
Freeport-McMoRan's (NYSE:FCX) Dividend Will Be $0.15

Freeport-McMoRan: Declining Free Cash Flow Spells Trouble

Jun 23

Here's Why Freeport-McMoRan (NYSE:FCX) Has A Meaningful Debt Burden

Jun 02
Here's Why Freeport-McMoRan (NYSE:FCX) Has A Meaningful Debt Burden

Freeport-McMoRan Will Make Up A Sizable Part Of Future Energy Markets

May 23

Calculating The Intrinsic Value Of Freeport-McMoRan Inc. (NYSE:FCX)

May 14
Calculating The Intrinsic Value Of Freeport-McMoRan Inc. (NYSE:FCX)

CEO Compensation Analysis

How has Kathleen Quirk's remuneration changed compared to Freeport-McMoRan's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$2b

Jun 30 2024n/an/a

US$2b

Mar 31 2024n/an/a

US$2b

Dec 31 2023US$11mUS$1m

US$2b

Sep 30 2023n/an/a

US$2b

Jun 30 2023n/an/a

US$2b

Mar 31 2023n/an/a

US$3b

Dec 31 2022US$10mUS$1m

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$7mUS$967k

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$6mUS$307k

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$6mUS$800k

-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$7mUS$800k

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$9mUS$775k

US$2b

Compensation vs Market: Kathleen's total compensation ($USD10.58M) is about average for companies of similar size in the US market ($USD12.67M).

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

NamePositionTenureCompensationOwnership
Kathleen Quirk
CEO, President & Director3.8yrsUS$10.58m0.13%
$ 83.5m
Maree Robertson
Executive VP & CFO2.7yrsUS$3.75m0.00093%
$ 584.8k
Stephen Higgins
Executive VP & Chief Administrative Officer5.8yrsUS$3.23m0.0069%
$ 4.3m
Douglas Currault
Executive VP & General Counsel5.1yrsUS$2.93m0.0088%
$ 5.5m
Ellie Mikes
VP & Chief Accounting Officer2.4yrsno data0.00067%
$ 421.3k
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
Joshua Olmsted
President & COO of Americas4.2yrsno datano data
William Cobb
VP & Chief Sustainability Officerno datano datano data
Daniel Kravets
Senior VP & Chief Commercial Officerno datano datano data

4.0yrs

Average Tenure

59yo

Average Age

Experienced Management: FCX's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kathleen Quirk
CEO, President & Director1.8yrsUS$10.58m0.13%
$ 83.5m
Dustan McCoy
Lead Independent Director17.8yrsUS$366.72k0.0046%
$ 2.9m
James Moffett
Chairman Emeritus & Consultant8.9yrsUS$24.82mno data
Richard Adkerson
Chairman18.1yrsUS$24.02m0.29%
$ 185.4m
J. Johnston
Member of Advisory Boardno dataUS$779.79kno data
J. Roy
Member of Advisory Boardno dataUS$555.93kno data
Lydia Kennard
Independent Director10.9yrsUS$322.35k0.0080%
$ 5.0m
David Abney
Independent Director3.6yrsUS$322.35k0.00097%
$ 609.9k
Marcela Donadio
Independent Director3.3yrsUS$302.35k0.00026%
$ 163.5k
Robert Dudley
Independent Director3.6yrsUS$302.35k0.00097%
$ 609.9k
John Stephens
Independent Director5.1yrsUS$327.35k0.0065%
$ 4.1m
Frances Townsend
Independent Director11.8yrsUS$322.35k0.0071%
$ 4.5m

7.0yrs

Average Tenure

69yo

Average Age

Experienced Board: FCX's board of directors are considered experienced (7 years average tenure).