PHOENIX (dpa-AFX) - Freeport-McMoRan Inc. (FCX) announced the appointment of
Kathleen Quirk as President and Chief Executive Officer to be effective at the
annual meeting of shareholders on June 11, 2024. Quirk will assume full
responsibility for executive management of the business reporting to the FCX
Board of Directors.

The company noted that Richard Adkerson will remain Chairman of the Board of
Directors, supporting the leadership transition and Freeport's business on
strategic matters of significance to the company.

Quirk joined Freeport in 1989 and had responsibility for a broad range of
corporate functions, including Tax, Investor Relations, Corporate Development
and Treasury before being named Chief Financial Officer in 2003. She was named
President of FCX in 2021 and became a member of the Board of Directors in 2023.



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