Freeport-McMoRan Announces Appointment of Hugh Grant to its Board of Directors
09 Dezember 2021 - 10:33PM
Business Wire
Freeport-McMoRan Inc. (NYSE: FCX) announced today the
appointment of Hugh Grant to its Board of Directors.
Mr. Grant is the retired Chairman of the Board and Chief
Executive Officer of Monsanto Company, a global provider of
technology-based solutions and agricultural products. He served in
this role from 2003 until the merger of Monsanto Company and Bayer
AG in 2018. Over his 37-year distinguished career with Monsanto, he
managed key elements of its business in Asia, Europe and the United
States. Mr. Grant serves as Lead Director, Chair of the Nominating
and Governance Committee and a member of the Officers-Directors
Compensation Committee of PPG Industries, Inc. and as a member of
The Business Council. In 2009, he was named one of the world's 30
most respected CEOs on Barron's annual list and in 2010 CEO of the
Year by Chief Executive magazine. Born in Larkhall, Scotland, Mr.
Grant earned a B.S. (Honors) in Molecular Biology and Agricultural
Zoology at Glasgow University. He also earned a Post Graduate
Diploma in Agriculture at Edinburgh University and a M.B.A. at the
International Management Centre in Buckingham, United Kingdom.
Richard C. Adkerson, Chairman and Chief Executive Officer,
said, “We are pleased to welcome to our Board, Hugh Grant, a widely
recognized international business leader with significant
operational, strategic, environmental and technology experience
relevant to our company. We look forward to his guidance and
counsel as we execute our clearly defined strategy of being
foremost in the global copper industry. With Hugh’s appointment, we
have completed our commitment to create a sustainable Board to
support ongoing success for all our stakeholders.”
FCX’s Board of Directors is now comprised of eleven members,
including ten exceptional independent directors with diverse
experiences and with strong corporate governance credentials.
FREEPORT: Foremost in Copper
FCX is a leading international mining company with headquarters
in Phoenix, Arizona. FCX operates large, long-lived, geographically
diverse assets with significant proven and probable reserves of
copper, gold and molybdenum. FCX is one of the world’s largest
publicly traded copper producers.
FCX’s portfolio of assets includes the Grasberg minerals
district in Indonesia, one of the world’s largest copper and gold
deposits; and significant mining operations in North America and
South America, including the large-scale Morenci minerals district
in Arizona and the Cerro Verde operation in Peru.
By supplying responsibly produced copper, FCX is proud to be a
positive contributor to the world well beyond its operational
boundaries. Additional information about FCX is available on FCX's
website at fcx.com.
Cautionary Statement Regarding Forward-Looking
Statements: This press release contains forward-looking
statements, which are all statements other than statements of
historical facts. FCX cautions readers that forward-looking
statements are not guarantees of future performance and actual
results may differ materially from those anticipated, expected,
projected or assumed in the forward-looking statements. Important
factors that can cause FCX's actual results to differ materially
from those anticipated in the forward-looking statements include,
but are not limited to, the factors described in more detail under
the heading “Risk Factors” in FCX's Annual Report on Form 10-K for
the year ended December 31, 2020, filed with the U.S. Securities
and Exchange Commission (SEC).
Investors are cautioned that many of the assumptions on which
FCX's forward-looking statements are based are likely to change
after the date the forward-looking statements are made, including
for example commodity prices, which FCX cannot control, and
production volumes and costs, some aspects of which FCX may not be
able to control. Further, FCX may make changes to its business
plans that could affect its results. FCX cautions investors that it
undertakes no obligation to update forward-looking statements,
which speak only as of the date made, notwithstanding any changes
in its assumptions, changes in business plans, actual experience or
other changes.
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Financial Contacts: Kathleen L. Quirk (602) 366-8016
David P. Joint (504) 582-4203
Media Contact: Linda S. Hayes (602) 366-7824
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