Freeport-McMoRan Inc. Announces Appointment of John J. Stephens to its Board of Directors and as a Member of the Audit Committee of the Board of Directors
October 21, 2019 at 09:15 pm
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Freeport-McMoRan Inc. announced the appointment of John J. Stephens to its Board of Directors and as a member of the Audit Committee of the Board of Directors. Mr. Stephens has served as Senior Executive Vice President and Chief Financial Officer of AT&T Inc., since 2011. He has responsibility for financial planning, corporate development, accounting, tax, auditing, treasury, investor relations and corporate real estate. Prior to his current position, Stephens held a series of successive positions in the finance department.
Freeport-McMoRan Inc. specializes in the exploration and operation of copper and gold mines located primarily in the United States, Peru, Chile, Indonesia and Congo. Net sales break down by family of products as follows:
- copper (74.6%): refined copper and copper concentrates (4.1 billion ounces sold in 2023);
- gold (14.5%): 1,713,000 ounces sold;
- molybdenum (8.4%): 1.3 billion ounces sold;
- other (2.5%).
Net sales are distributed geographically as follows: the United States (31.8%), Switzerland (17.4%), Japan (15%), Spain (5.5%), Singapore (5.1%), China (4.7%), Indonesia (3.3%), Germany (3.1%), Chile (1.9%), the United Kingdom (0.7%), and other (11.5%).
Freeport-McMoRan Inc. Announces Appointment of John J. Stephens to its Board of Directors and as a Member of the Audit Committee of the Board of Directors