Freeport-McMoRan appoints Kathleen Quirk as CEO, Adkerson remains Chairman

FREEPORT-MCMORAN INC

Kathleen Quirk to become President and CEO effective June 11, 2024; Richard Adkerson remains Chairman.
Quirk has been with FCX since 1989, served as CFO (2003-2022) and President since 2021, joined board in 2023.
Compensation: Quirk's base salary increases to $1.4M, Adkerson's decreases to $1.2M; Quirk long-term incentive target $1.825M.
Approximately 70% of targeted compensation for both executives is performance-based.

item 5.02 item 9.01

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Appointed

Kathleen L. Quirk

Chief Executive Officer

FCX · FREEPORT-MCMORAN INC

Effective: 2024-06-11
Filed: February 9, 2024, 6:59 PM ET

On February 6, 2024, Freeport-McMoRan Inc. (FCX) announced that Kathleen L. Quirk, FCX’s President, will assume the additional role of Chief Executive Officer (CEO) effective as of FCX’s 2024 annual meeting of stockholders on June 11, 2024

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Executive change SEC 8-K Item 5.02 confidence 0.95

Kathleen L. Quirk was appointed as Chief Executive Officer at FREEPORT-MCMORAN INC.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On February 6, 2024, Freeport-McMoRan Inc. (FCX) announced that Kathleen L. Quirk, FCX’s President, will assume the additional role of Chief Executive Officer (CEO) effective as of FCX’s 2024 annual meeting of stockholders on June 11, 2024

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Source: SEC EDGAR

accession 0000831259-24-000005

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