CEO Salary & Executive Compensation
Freeport-McMoRan FCX
CEO: Richard Adkerson · Mining · 24,700 employees
Richard Adkerson, CEO of Freeport-McMoRan (FCX), earned $8.0M in total compensation in 2025. Freeport-McMoRan receives a Pay-for-Performance grade of B (68/100), with a CEO-to-worker pay ratio of 114:1 and a say-on-pay shareholder approval of 91.2%. The company's 3-year total shareholder return is +3.1%.
How Freeport-McMoRan CEO Pay Compares
Richard Adkerson's $8.0M total compensation is 0% below the Mining industry median of $8.0M. The 114:1 CEO-to-worker pay ratio is 0% lower than the industry average of 114:1.
Freeport-McMoRan (FCX) disclosed $8.0M in CEO compensation for Richard Adkerson. The package is structured for retention plus performance alignment, with equity awards taking the largest share.
The CEO-to-median-worker pay ratio runs 114x. Lower ratios typically reflect companies with higher-paid workforces (financial services, technology, professional services) where the median worker pay denominator is itself substantial. Three-year performance has been roughly flat — TSR of 3.1% alongside 6.5% revenue growth. Flat performance over a multi-year window is where pay-versus-performance debates get the most heated: large compensation packages without commensurate shareholder returns are the modal complaint at annual meetings.
Shareholders supported the compensation package at 91% on the most recent say-on-pay vote. Solid support without overwhelming endorsement is the typical pattern for established public companies with conventional compensation programs. Freeport-McMoRan operates in Mining with 24,700 employees and $22.8B in annual revenue, and currently carries a market capitalization of $60.0B. Pay comparisons across companies require controlling for these structural factors — a $20M package at a $10B-revenue tech company reads differently than the same package at a $1B-revenue industrial.
Source: SEC EDGAR — DEF 14A proxy statements for Freeport-McMoRan (FCX).
Compensation Breakdown
Richard Adkerson's $8.0M total compensation package for fiscal year 2025 includes $800K in base salary, $4.0M in stock awards, $960K in option awards, and $1.2M in bonus and non-equity incentives.
Compensation History
| Year | Salary | Bonus | Stock Awards | Options | Non-Equity | Other | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2024 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2023 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
| 2022 | $800K | - | $4.0M | $960K | $1.2M | $880K | $8.0M |
All compensation data is sourced from SEC DEF 14A proxy filings submitted to EDGAR. The Economic Policy Institute's CEO pay analysis provides additional context on executive compensation trends across industries.
Named Executive Officers
Richard Adkerson, CEO of Freeport-McMoRan (FCX), earns $8.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Frequently Asked Questions
Richard Adkerson, CEO of Freeport-McMoRan (FCX), earns $8.0M in total compensation. This includes base salary, stock awards, option awards, and other incentives as reported in the company's most recent DEF 14A proxy statement.
Freeport-McMoRan has a Pay-for-Performance Score of B (68/100). The company's 3-year total shareholder return is +3.1%, and the say-on-pay shareholder vote passed with 91.2% approval.
The CEO-to-median-worker pay ratio at Freeport-McMoRan is 114:1. The median worker at Freeport-McMoRan earns $70K per year, while CEO Richard Adkerson earns $8.0M in total compensation.
Freeport-McMoRan employs approximately 24,700 people. The company operates in the Mining industry within the Materials sector, generating $22.8B in annual revenue.