Richard Adkerson - Freeport McMoRan Chairman

FCX Stock  MXN 878.43  20.57  2.29%   

Chairman

Mr. Richard C. Adkerson serves as Vice Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Adkerson is Chief Executive Officer of the company since December 2003. President of the company since January 2008 and from April 1997 to March 2007. Chief Financial Officer of the company from October 2000 to December 2003. Vice Chairman of the Board of the company since May 2013. Vice Chairman of our former parent company from 1995 to 1997. Partner in Arthur Andersen Co. from 1978 to 1989 where he served as a Managing Director and head of the firms global oil and gas industry services. Professional Accounting Fellow with the Securities and Exchange Commission and Presidential Exchange Executive from 1976 to 1978. Mr. Adkerson is a recognized business leader in the mining industry, making him highly qualified to serve as a Vice Chairman of the Board of the company. As President and Chief Executive Officer of our company, he has demonstrated exceptional leadership abilities in developing and executing a financial strategy that has benefited our stockholders and in building an operational, financial and administrative organization that efficiently supports our business. Mr. Adkerson is recognized as a mining industry leader, having served as past Chairman of the International Council on Mining and Metals and on the Executive Board of the International Copper Association since 2021.
Age 76
Tenure 3 years
Professional MarksMBA
Phone602 366 8100
Webhttps://fcx.com
Adkerson’s strong leadership skills and executive management experiences are instrumental in fostering strong relationships with business partners, key customers, suppliers and host governments, thereby enabling him to guide the company’s business strategy. He holds a B.S. in Accounting with highest honors and an M.B.A. from Mississippi State University and completed the Advanced Management Program at Harvard Business School.

Richard Adkerson Latest Insider Activity

Tracking and analyzing the buying and selling activities of Richard Adkerson against Freeport McMoRan stock is an integral part of due diligence when investing in Freeport McMoRan. Richard Adkerson 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.

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CHAIRMAN Age

David AlanisPromotora y Operadora
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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.