Richard C. Adkerson is Chairman of the Board and Chief Executive Officer of Freeport-McMoRan Inc.
He graduated from Mississippi State University with a B.S. degree in Accounting with highest honors and an M.B.A. degree. In 2010, he received an Honorary Doctor of Science degree from Mississippi State. He also completed the Advanced Management Program of the Harvard Business School in 1988. Prior to joining Freeport-McMoRan in 1989, he was Partner and Managing Director in Arthur Andersen & Co. where he headed the Firm’s Worldwide Oil and Gas Industry Practice. From 1976 to 1978, he was a Professional Accounting Fellow with the Securities and Exchange Commission in Washington, D.C.
Mr. Adkerson currently serves as Chair of the International Council on Mining and Metals. He has been a member of ICMM since 2005 and previously served as Chair from 2008 – 2011. He is a member of The Business Council, the Business Roundtable, the Council on Foreign Relations and serves as Chairman of the Advisory Council of the Kissinger Institute on China and the United States. He also serves on Greater Phoenix Leadership and the Dean's Council of 100 for the Arizona State University W. P. Carey School of Business.
He serves as Chairman Emeritus of the Board of Trustees of the National WWII Museum and as a member of the Board of Visitors of the M.D. Anderson Cancer Center in Houston, Texas, and was Campaign Chair of the Banner M.D. Anderson Cancer Center Cancer Has Met Its Match Campaign in Phoenix. He currently serves as the Honorary Chair of the Phoenix Zoo’s Join the Journey - Share our Pride Campaign. He is a member and past President of the Mississippi State University Foundation Board of Directors, serves on the Executive Advisory Board for the College of Business, and chaired Mississippi State's State of the Future capital campaign.
He was named National Alumnus of the Year of Mississippi State University in 2011. He was inducted into the American Mining Hall of Fame in 2010, received The American Institute of Mining, Metallurgical and Petroleum Engineers Charles F. Rand Memorial Award in 2011 and was named Copper Man of the Year 2009 by The Copper Club. He was named Executive of the Year by the W. P. Carey School of Business Dean's Council at Arizona State University in 2011. For ten years, Mr. Adkerson was named The Best CEO in Metals and Mining by Institutional Investor magazine. Mr. Adkerson has served on the FCX Board since 2006 and as Chairman of the Board since February 2021.
What is Richard C. Adkerson's net worth?
The estimated net worth of Richard C. Adkerson is at least $141.94 million as of May 6th, 2024. Mr. Adkerson owns 3,652,478 shares of Freeport-McMoRan stock worth more than $141,935,295 as of December 20th. This net worth evaluation does not reflect any other assets that Mr. Adkerson may own. Additionally, Mr. Adkerson receives a salary of $5,970,000.00 as Chairman of the Board at Freeport-McMoRan. Learn More about Richard C. Adkerson's net worth.
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Has Richard C. Adkerson been buying or selling shares of Freeport-McMoRan?
Richard C. Adkerson has not been actively trading shares of Freeport-McMoRan within the last three months. Most recently, Richard C. Adkerson sold 54,771 shares of the business's stock in a transaction on Monday, May 6th. The shares were sold at an average price of $50.78, for a transaction totalling $2,781,271.38. Following the completion of the sale, the chief executive officer now directly owns 3,652,478 shares of the company's stock, valued at $185,472,832.84. Learn More on Richard C. Adkerson's trading history.
Who are Freeport-McMoRan's active insiders?
Freeport-McMoRan's insider roster includes Richard Adkerson (Chairman of the Board), Douglas Currault, II (VP), Gerald Ford (Director), Hugh Grant (Director), Sara Grootwassink Lewis (Director), Stephen Higgins (CAO), Ryan Lance (Director), Dustan McCoy (Director), Kathleen Quirk (CFO), Maree Robertson (CFO & Sr. VP ), and C. Whitmire, Jr. (VP). Learn More on Freeport-McMoRan's active insiders.
Are insiders buying or selling shares of Freeport-McMoRan?
In the last year, insiders at the natural resource company sold shares 6 times. They sold a total of 445,667 shares worth more than $22,755,070.07. The most recent insider tranaction occured on May, 13th when CAO Stephen T Higgins sold 80,000 shares worth more than $4,162,400.00. Insiders at Freeport-McMoRan own 0.8% of the company.
Learn More about insider trades at Freeport-McMoRan. Information on this page was last updated on 5/13/2024.
