Gerald Ford - Freeport McMoRan Independent Non-Executive Chairman of the Board

FCX Stock  MXN 878.43  20.57  2.29%   

Chairman

Mr. Gerald J. Ford is Independent NonExecutive Chairman of the Board of the Company. Mr. Ford is NonExecutive Chairman of the Board from January 2016 to present. Principal stockholder and Chairman of the Board of Hilltop Holdings Inc., a Texasbased, publicly traded, diversified financial holding company, since 2007, and a director of Hilltop Holdings Inc. since 2005. General Partner of Ford Financial II, L.P., a private equity firm, from 2010 to present and of Ford Financial Fund, L.P., a private equity firm, from 2010 to 2016. Chairman of the Board and Chief Executive Officer of Golden State Bancorp, Inc. and its wholly owned subsidiary, California Federal Bank, FSB, a Federal Savings Bank, from 1998 through its 2002 merger with Citigroup Inc. Chairman of the Board of First Acceptance Corporation from 1996 to 2010 and Chief Executive Officer of First Acceptance Corporation from 1996 to 2002 since 2016.
Age 74
Tenure 8 years
Phone602 366 8100
Webhttps://fcx.com
Ford is a banking and financial institutions entrepreneur who was involved in numerous mergers and acquisitions of private and public sector financial institutions over the past 40 years. In that capacity, he acquired and consolidated 30 commercial banks from 1975 to 1993, forming First United Bank Group, Inc., a multibank holding company for which he served as Chairman of the Board and Chief Executive Officer until its sale in 1994. During this period, he also led investment consortiums that acquired numerous financial institutions, forming in succession, First Gibraltar Bank, FSB, First Madison Bank, FSB and First Nationwide Bank. His extensive banking industry experience and educational background provide him with expertise in financial, accounting and regulatory matters, making him a valuable member of the board of directors. In addition,

Gerald Ford Latest Insider Activity

Tracking and analyzing the buying and selling activities of Gerald Ford against Freeport McMoRan stock is an integral part of due diligence when investing in Freeport McMoRan. Gerald Ford insider activity provides valuable insight into whether Freeport McMoRan is net buyers or sellers over its current business cycle. Note, Freeport McMoRan insiders must abide by specific rules, including filing SEC forms every time they buy or sell Freeport McMoRan'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Freeport McMoRan Management Efficiency

The company has return on total asset (ROA) of 0.0893 % which means that it generated a profit of $0.0893 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1871 %, meaning that it generated $0.1871 on every $100 dollars invested by stockholders. Freeport McMoRan's management efficiency ratios could be used to measure how well Freeport McMoRan manages its routine affairs as well as how well it operates its assets and liabilities.
Freeport McMoRan has accumulated 9.58 B in total debt with debt to equity ratio (D/E) of 0.46, which is about average as compared to similar companies. Freeport McMoRan has a current ratio of 2.23, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Freeport McMoRan until it has trouble settling it off, either with new capital or with free cash flow. So, Freeport McMoRan's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Freeport McMoRan sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Freeport to invest in growth at high rates of return. When we think about Freeport McMoRan's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 2 records

CHAIRMAN Age

German VelascoSouthern Copper
66
David AlanisPromotora y Operadora
50
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. Freeport-McMoRan Inc. was incorporated in 1987 and is headquartered in Phoenix, Arizona. FREEPORT MCMORAN operates under Copper classification in Mexico and is traded on Mexico Stock Exchange. It employs 24500 people. Freeport McMoRan (FCX) is traded on Mexican Exchange in Mexico and employs 24 people.

Management Performance

Freeport McMoRan Leadership Team

Elected by the shareholders, the Freeport McMoRan's board of directors comprises two types of representatives: Freeport McMoRan inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Freeport. The board's role is to monitor Freeport McMoRan's management team and ensure that shareholders' interests are well served. Freeport McMoRan's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Freeport McMoRan's outside directors are responsible for providing unbiased perspectives on the board's policies.
Joshua Olmsted, President and Chief Operating Officer – Americas
Kathleen Quirk, Chief Financial Officer, Executive Vice President
Ellie Mikes, Chief VP
Russell King, Sr Affairs
Maree Robertson, CFO VP
Gerald Ford, Independent Non-Executive Chairman of the Board
Bertrand II, Chief VP
Dustan McCoy, Lead Independent Director
Douglas II, Sr Counsel
Frances Townsend, Independent Director
Pamela Masson, VP Officer
David Joint, Director - Investor Relations
Harry Conger, President and Chief Operating Officer - Americas
Richard Adkerson, Vice Chairman, CEO and President and Member of Dividend Committee
John Stephens, Independent Director
Stephen Higgins, Sr Officer
Lydia Kennard, Independent Director

Freeport Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Freeport McMoRan a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Additional Tools for Freeport Stock Analysis

When running Freeport McMoRan's price analysis, check to measure Freeport McMoRan's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Freeport McMoRan is operating at the current time. Most of Freeport McMoRan's value examination focuses on studying past and present price action to predict the probability of Freeport McMoRan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freeport McMoRan's price. Additionally, you may evaluate how the addition of Freeport McMoRan to your portfolios can decrease your overall portfolio volatility.