Richard Adkerson - Freeport McMoran Chairman

FCX Stock  USD 44.20  0.44  1.01%   

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 77
Tenure 3 years
Professional MarksMBA
Address 333 North Central Avenue, Phoenix, AZ, United States, 85004-2189
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 Asset of 0.0864 % which means that on every $100 spent on assets, it made $0.0864 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1687 %, implying that it generated $0.1687 on every 100 dollars invested. 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. Return On Tangible Assets is likely to rise to 0.06 in 2024. Return On Capital Employed is likely to rise to 0.21 in 2024. At this time, Freeport McMoran's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 40.4 B in 2024, whereas Other Current Assets are likely to drop slightly above 192.2 M in 2024.
Freeport McMoran Copper Gold has 9.85 B in debt with debt to equity (D/E) ratio of 0.44, which is OK given its current industry classification. Freeport McMoran Copper has a current ratio of 2.51, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Freeport to invest in growth at high rates of return.

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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 the United States and is traded on New York Stock Exchange. It employs 24700 people. Freeport McMoran Copper Gold (FCX) is traded on New York Stock Exchange in USA. It is located in 333 North Central Avenue, Phoenix, AZ, United States, 85004-2189 and employs 27,200 people. Freeport McMoran is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Freeport McMoran Copper 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.
Javier Targhetta, President FCX
Kathleen Quirk, Chief Financial Officer, Executive Vice President
Russell King, Senior Affairs
Maree Robertson, Chief Financial Officer, Senior Vice President
Marcela Donadio, Independent Director
Bertrand II, Chief VP
Douglas II, Executive Counsel
David Joint, Director - Investor Relations
Stephen Higgins, Executive Officer
Ryan Lance, Independent Director
Lydia Kennard, Independent Director
Robert Dudley, Independent Director
Sara Lewis, Independent Director
Joshua Olmsted, President and Chief Operating Officer – Americas
Hugh Grant, Independent Director
Ellie Mikes, VP Officer
Gerald Ford, Independent Non-Executive Chairman of the Board
William Cobb, VP Officer
Dustan McCoy, Lead Independent Director
Frances Townsend, Independent Director
Pamela Masson, VP Officer
David Abney, Independent Director
Harry Conger, President and Chief Operating Officer - Americas
Richard Adkerson, Vice Chairman, CEO and President and Member of Dividend Committee
John Stephens, Independent Director
Mark Johnson, President Indonesia

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

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