---
schema_version: "secwatch.filing_event.v1"
accession: "0000831259-24-000005"
form_type: "8-K"
ticker: "FCX"
cik: "0000831259"
company_name: "FREEPORT-MCMORAN INC"
filed_at: "2024-02-09T23:59:59+00:00"
generated_at: "2026-06-06T05:04:39.654987+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000831259-24-000005
- form_type: 8-K
- ticker: FCX
- cik: 0000831259
- company_name: FREEPORT-MCMORAN INC
- filed_at: 2024-02-09T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/831259/000083125924000005/0000831259-24-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/831259/000083125924000005/fcx-20240206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000831259-24-000005
- JSON: https://secwatch.observer/filing/0000831259-24-000005.json
- Plain text: https://secwatch.observer/filing/0000831259-24-000005.txt

## Key facts
- Executive change
  Kathleen L. Quirk was appointed as Chief Executive Officer at FREEPORT-MCMORAN INC.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/831259/000083125924000005/0000831259-24-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.