Gerald Ford - Freeport McMoran Independent Non-Executive Chairman of the Board

FCX Stock  USD 41.59  0.49  1.16%   

Chairman

Mr. Gerald J. Ford is Independent NonExecutive Chairman of the Board of the Company. Mr. Ford is NonExecutive Chairman of the Board from January 2016 to present. Principal stockholder and Chairman of the Board of Hilltop Holdings Inc., a Texasbased, publicly traded, diversified financial holding company, since 2007, and a director of Hilltop Holdings Inc. since 2005. General Partner of Ford Financial II, L.P., a private equity firm, from 2010 to present and of Ford Financial Fund, L.P., a private equity firm, from 2010 to 2016. Chairman of the Board and Chief Executive Officer of Golden State Bancorp, Inc. and its wholly owned subsidiary, California Federal Bank, FSB, a Federal Savings Bank, from 1998 through its 2002 merger with Citigroup Inc. Chairman of the Board of First Acceptance Corporation from 1996 to 2010 and Chief Executive Officer of First Acceptance Corporation from 1996 to 2002 since 2016.
Age 74
Tenure 8 years
Address 333 North Central Avenue, Phoenix, AZ, United States, 85004-2189
Phone602 366 8100
Webhttps://fcx.com
Ford is a banking and financial institutions entrepreneur who was involved in numerous mergers and acquisitions of private and public sector financial institutions over the past 40 years. In that capacity, he acquired and consolidated 30 commercial banks from 1975 to 1993, forming First United Bank Group, Inc., a multibank holding company for which he served as Chairman of the Board and Chief Executive Officer until its sale in 1994. During this period, he also led investment consortiums that acquired numerous financial institutions, forming in succession, First Gibraltar Bank, FSB, First Madison Bank, FSB and First Nationwide Bank. His extensive banking industry experience and educational background provide him with expertise in financial, accounting and regulatory matters, making him a valuable member of the board of directors. In addition,

Gerald Ford Latest Insider Activity

Tracking and analyzing the buying and selling activities of Gerald Ford against Freeport McMoran stock is an integral part of due diligence when investing in Freeport McMoran. Gerald Ford insider activity provides valuable insight into whether Freeport McMoran is net buyers or sellers over its current business cycle. Note, Freeport McMoran insiders must abide by specific rules, including filing SEC forms every time they buy or sell Freeport McMoran'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Freeport McMoran Management Efficiency

The company has Return on Asset of 0.0864 % which means that on every $100 spent on assets, it made $0.0864 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1687 %, implying that it generated $0.1687 on every 100 dollars invested. Freeport McMoran's management efficiency ratios could be used to measure how well Freeport McMoran manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to 0.06 in 2024. Return On Capital Employed is likely to rise to 0.21 in 2024. At this time, Freeport McMoran's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 40.4 B in 2024, whereas Other Current Assets are likely to drop slightly above 192.2 M in 2024.
Freeport McMoran Copper Gold has 9.85 B in debt with debt to equity (D/E) ratio of 0.44, which is OK given its current industry classification. Freeport McMoran Copper has a current ratio of 2.51, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Freeport to invest in growth at high rates of return.

Similar Executives

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CHAIRMAN Age

Philip PascallFirst Quantum Minerals
75
German VelascoSouthern Copper
66
Klaus ZeitlerAmerigo Resources
84
Stephen LangHudbay Minerals
65
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. Freeport-McMoRan Inc. was incorporated in 1987 and is headquartered in Phoenix, Arizona. Freeport Mcmoran operates under Copper classification in the United States and is traded on New York Stock Exchange. It employs 24700 people. Freeport McMoran Copper Gold (FCX) is traded on New York Stock Exchange in USA. It is located in 333 North Central Avenue, Phoenix, AZ, United States, 85004-2189 and employs 27,200 people. Freeport McMoran is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Freeport McMoran Copper Leadership Team

Elected by the shareholders, the Freeport McMoran's board of directors comprises two types of representatives: Freeport McMoran inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Freeport. The board's role is to monitor Freeport McMoran's management team and ensure that shareholders' interests are well served. Freeport McMoran's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Freeport McMoran's outside directors are responsible for providing unbiased perspectives on the board's policies.
Javier Targhetta, President FCX
Kathleen Quirk, Chief Financial Officer, Executive Vice President
Russell King, Senior Affairs
Maree Robertson, Chief Financial Officer, Senior Vice President
Marcela Donadio, Independent Director
Bertrand II, Chief VP
Douglas II, Executive Counsel
David Joint, Director - Investor Relations
Stephen Higgins, Executive Officer
Ryan Lance, Independent Director
Lydia Kennard, Independent Director
Robert Dudley, Independent Director
Sara Lewis, Independent Director
Joshua Olmsted, President and Chief Operating Officer – Americas
Hugh Grant, Independent Director
Ellie Mikes, VP Officer
Gerald Ford, Independent Non-Executive Chairman of the Board
William Cobb, VP Officer
Dustan McCoy, Lead Independent Director
Frances Townsend, Independent Director
Pamela Masson, VP Officer
David Abney, Independent Director
Harry Conger, President and Chief Operating Officer - Americas
Richard Adkerson, Vice Chairman, CEO and President and Member of Dividend Committee
John Stephens, Independent Director
Mark Johnson, President Indonesia

Freeport Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Freeport McMoran a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Additional Tools for Freeport Stock Analysis

When running Freeport McMoran's price analysis, check to measure Freeport McMoran's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Freeport McMoran is operating at the current time. Most of Freeport McMoran's value examination focuses on studying past and present price action to predict the probability of Freeport McMoran's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freeport McMoran's price. Additionally, you may evaluate how the addition of Freeport McMoran to your portfolios can decrease your overall portfolio volatility.