Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 7, 2023, the Board of Directors (the "Board") of Freeport-McMoRan
Inc. ("FCX"), upon the recommendation of the Governance Committee of the Board,
increased the size of the Board and appointed Kathleen L. Quirk, FCX's
President, to serve as a director of FCX, effective immediately. Ms. Quirk will
serve as a director until FCX's 2023 annual meeting of stockholders and until
her successor is duly elected and qualified.
There is no arrangement or understanding between Ms. Quirk and any other person
pursuant to which she was appointed as a director. There are no transactions in
which Ms. Quirk has an interest requiring disclosure under Item 404(a) of
Regulation S-K.
Ms. Quirk will serve as a non-independent member of the Board, and the Board
does not expect to appoint Ms. Quirk as a member of any of its standing
committees. FCX's Board is now comprised of twelve members, including ten
independent directors.
Ms. Quirk will not receive any additional compensation as a result of her
appointment to the Board.
FCX issued a press release dated February 7, 2023, announcing the appointment of
Ms. Quirk to its Board, a copy of which is attached hereto as Exhibit 99.1 and
is incorporated by reference into this Item 5.02.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number Exhibit Title
99.1 Press release dated February 7, 2023, titled "Freeport-McMoRan Announces
Appointment of Kathleen L.Quirk to its Board of Directors."
104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses