– USA, AZ – Freeport-McMoRan Inc. (NYSE: FCX) today announced the appointment of Hugh Grant to its Board as an Independent Director.
The Board of Directors is now comprised of eleven members, including ten independent directors with diverse experiences and with strong corporate governance credentials. eleven members, including ten exceptional independent directors with diverse experiences and with strong corporate governance credentials.
“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.” said Chairman and CEO, Richard Adkerson.
About Hugh Grant
Mr. Grant is the retired Chairman of the Board and CEO 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.
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 an MBA. at the International Management Centre in Buckingham, United Kingdom.
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.
For more information: https://fcx.com/
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