leadership
confidence high
sentiment neutral
materiality 0.60
Kathleen Quirk becomes CEO of Freeport-McMoRan; stockholder meeting results
FREEPORT-MCMORAN INC
- Kathleen L. Quirk assumed CEO role effective June 11, succeeding Richard Adkerson who remains Chairman (previously announced Feb 2024).
- Stockholders elected all 12 director nominees; Dustan E. McCoy received ~76.7M abstentions but was elected.
- Say-on-pay advisory vote passed with 1.07B for vs 50.8M against; ratification of EY as auditor won 1.18B for.
- Officer exculpation amendment approved (1.018B for, 107.5M against), effective upon filing.
- Bylaws amended to align with universal proxy rules and Delaware law, including procedural updates for stockholder nominations.