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{{Short description|American entrepreneur and accountant}}
'''Richard Adkerson''' is the current president, CEO and vice chairman of [[Freeport-McMoRan|Freeport-McMoRan Copper & Gold Inc.]] with an established career in the mining sector. He has been in this role since January 2008. He is also known for his past role as chairman of the [[International Council on Mining and Metals]].<ref name=CEO>{{cite news|title=Profiles: Richard Adkerson |url=http://www.europeanceo.com/profiles/2008/06/richard-adkerson-freeportmcmoran/|publisher=EuropeanCEO.com|date=29 June 2008|accessdate=30 January 2014}}</ref>
{{Use mdy dates|date=January 2023}}
{{Infobox person
| name = Richard Adkerson
| education = B.Acc graduate from [[Mississippi State University]] <small>(1970)</small>
| occupation = President, CEO & chairman of [[Freeport-McMoRan Copper & Gold Inc.]]
| title = former chairman at [[International Council on Mining and Metals]]
}}

'''Richard Adkerson''' is the current president, CEO and vice chairman of [[Freeport-McMoRan Copper & Gold Inc.]] with an established career in the mining sector. He has been in this role since December 2003. He is also known for his past role as chairman of the [[International Council on Mining and Metals]].<ref name=CEO>{{cite news|title=Profiles: Richard Adkerson |url=http://www.europeanceo.com/profiles/2008/06/richard-adkerson-freeportmcmoran/|publisher=EuropeanCEO.com|date=29 June 2008|accessdate=30 January 2014}}</ref>


==Education==
==Education==
Adkerson graduated with highest honours from [[Mississippi State University]] with a bachelor's degree in accounting in 1970. He also completed an advanced management program at [[Harvard Business School]].<ref name=Bloom />
Adkerson graduated with the highest honours from [[Mississippi State University]] with a bachelor's degree in accounting in 1970. He attended the six-week advanced management program at [[Harvard Business School]].<ref name=Bloom />


==Career==
==Career ==
Adkerson started out as an accountant in the unpredictable oil and gas business throughout the 1970s before being offered his first role at Freeport in 1989. He was a partner and managing director at [[Arthur Andersen]] where he managed the company’s oil and gas industry division. Between 1976 and 1978, he was a professional accounting fellow with the [[Securities and Exchange Commission]] in [[Washington, D.C.]]<ref name=CEO />
Adkerson started out as an accountant in the unpredictable oil and gas business throughout the 1970s before being offered his first role at Freeport in 1989. He was a partner and managing director at [[Arthur Andersen]] where he managed the company’s oil and gas industry division. Between 1976 and 1978, he was a professional accounting fellow with the [[Securities and Exchange Commission]] in [[Washington, D.C.]]<ref name=CEO />


Adkerson was the past chairman of the [[International Council on Mining and Metals]] and is currently a member of the [[Council on Foreign Relations]], [[The Business Council]], and the [[Business Roundtable]]. He serves on the advisory council of the [[Kissinger Institute on China and the United States]] and as a member of the [[Clinton Global Initiative]].<ref name=FCX>{{cite news|title=Executive Management at Freeport |url=http://www.fcx.com/ir/bios.htm|publisher=FCX.com|accessdate=30 January 2014}}</ref>
Adkerson was the past chairman of the [[International Council on Mining and Metals]] and is currently a member of the [[Council on Foreign Relations]], [[The Business Council]], and the [[Business Roundtable]]. He serves on the advisory council of the [[Kissinger Institute on China and the United States]] and as a member of the [[Clinton Global Initiative]].<ref name=FCX>{{cite news|title=Executive Management at Freeport|url=http://www.fcx.com/ir/bios.htm|publisher=FCX.com|accessdate=30 January 2014|url-status=dead|archiveurl=https://web.archive.org/web/20140219142103/http://www.fcx.com/ir/bios.htm|archivedate=19 February 2014}}</ref>


He serves on the board of directors of the Arizona Commerce Authority, Greater Phoenix Leadership, and the [[Greater Phoenix Economic Council]]. He is vice chairman of the [[National World War II Museum]], and also serves on the board of visitors of the [[MD Anderson Cancer Center]] in [[Houston, Texas]]. Additionally, he is a member of the [[Mississippi State University]] Foundation’s board of directors.<ref name=Bloom>{{cite news|title=Executive profile: Richard Adkerson |url= http://investing.businessweek.com/research/stocks/people/person.asp?personId=338733&ticker=FCX |publisher=Bloomberg|accessdate=30 January 2014}}</ref>
He serves on the board of directors of the Arizona Commerce Authority, Greater Phoenix Leadership, and the [[Greater Phoenix Economic Council]]. He is vice chairman of the [[National World War II Museum]], and also serves on the board of visitors of the [[MD Anderson Cancer Center]] in [[Houston, Texas]]. Additionally, he is a member of the [[Mississippi State University]] Foundation’s board of directors.<ref name=Bloom>{{cite news|title=Executive profile: Richard Adkerson |url= http://investing.businessweek.com/research/stocks/people/person.asp?personId=338733&ticker=FCX |archive-url= https://archive.today/20130618011439/http://investing.businessweek.com/research/stocks/people/person.asp?personId=338733&ticker=FCX |url-status= dead |archive-date= June 18, 2013 |publisher=Bloomberg|accessdate=30 January 2014}}</ref>


It was revealed in November 2014 that Adkerson made $55 million in 2014, ranking him as the third highest paid US executive.<ref>{{cite news|title=Phoenix CEO made $55 million last year, the third-highest pay among US executives |url=http://www.bizjournals.com/phoenix/blog/business/2014/05/phoenix-ceo-made-55-million-last-year-the-third.html?page=all|publisher=BizJournals|date=27 May 2014|accessdate=28 November 2014}}</ref>
The Phoenix Business Journal wrote in November 2014 that Adkerson made $55 million that year, ranking him as the third highest paid US executive.<ref>{{cite news|title=Phoenix CEO made $55 million last year, the third-highest pay among US executives |url=http://www.bizjournals.com/phoenix/blog/business/2014/05/phoenix-ceo-made-55-million-last-year-the-third.html?page=all|publisher=BizJournals|date=27 May 2014|accessdate=28 November 2014}}</ref>


==Recognition==
==Recognition==
Adkerson received The American Institute of Mining, Metallurgical and Petroleum Engineers Charles F. Rand Memorial Award in 2011 and was named Executive of the Year by the W. P. Carey School of Business Dean’s Council at Arizona State University in 2011. He has been named The Best CEO in Metals and Mining by [[Institutional Investor (magazine)|Institutional Investor]] magazine for four years running and was named The Copper Man of the Year 2009 by The Copper Club.<ref name=FCX />
Adkerson received the American Institute of Mining, Metallurgical and Petroleum Engineers Charles F. Rand Memorial Award in 2011 and was named Executive of the Year by the [[W. P. Carey School of Business]] Dean’s Council at Arizona State University in 2010.<ref>{{Cite web|url=https://wpcarey.asu.edu/about-w-p-carey/deans-council/executive-honorees|title=Executive of the Year honorees|date=2017-05-03|website=W. P. Carey School of Business|language=en|access-date=2020-02-04}}</ref> He has been named The Best CEO in Metals and Mining by [[Institutional Investor (magazine)|Institutional Investor]] magazine for four years running, and was named The Copper Man of the Year 2009 by The Copper Club.<ref name=FCX />


==Personal life==
==Personal life==
Adkerson lives in [[Phoenix, Arizona]]. Sun Ranch Partners, managed by Adkerson, purchased the eponymous {{convert|18,500|acre||adj=mid| ranch}} near [[Cameron, Montana]] in 2010.<ref>{{Cite news |last=Person |first=Daniel |date=February 2, 2010 |title=Mining exec buys Sun Ranch |url=https://www.bozemandailychronicle.com/news/mining-exec-buys-sun-ranch/article_47b2c05d-9e4d-532b-9825-a77da8ae86fa.html |access-date=2023-01-08 |work=Daily Chronicle |language=en}}</ref>
Adkerson lives in [[Phoenix, Arizona]] and also has a house in [[New Orleans]], which was subject to a well-publicised activist protest against Freeport’s mining activities in [[Papua, Indonesia]]. Adkerson has three sons.<ref name=CEO />


==References==
==References==
{{reflist}}
{{Reflist}}
{{Freeport-McMoRan|state=collapsed}}
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{{DEFAULTSORT:Adkerson, Richard}}
{{DEFAULTSORT:Adkerson, Richard}}
[[Category:Living people]]
[[Category:Living people]]
[[Category:American accountants]]
[[Category:American accountants]]
[[Category:Harvard Business School alumni]]
[[Category:Mississippi State University alumni]]
[[Category:Mississippi State University alumni]]
[[Category:American chief executives]]
[[Category:American chief executives]]
[[Category:Year of birth missing (living people)]]

Latest revision as of 17:41, 13 January 2024

Richard Adkerson
EducationB.Acc graduate from Mississippi State University (1970)
Occupation(s)President, CEO & chairman of Freeport-McMoRan Copper & Gold Inc.
Titleformer chairman at International Council on Mining and Metals

Richard Adkerson is the current president, CEO and vice chairman of Freeport-McMoRan Copper & Gold Inc. with an established career in the mining sector. He has been in this role since December 2003. He is also known for his past role as chairman of the International Council on Mining and Metals.[1]

Education

[edit]

Adkerson graduated with the highest honours from Mississippi State University with a bachelor's degree in accounting in 1970. He attended the six-week advanced management program at Harvard Business School.[2]

Career

[edit]

Adkerson started out as an accountant in the unpredictable oil and gas business throughout the 1970s before being offered his first role at Freeport in 1989. He was a partner and managing director at Arthur Andersen where he managed the company’s oil and gas industry division. Between 1976 and 1978, he was a professional accounting fellow with the Securities and Exchange Commission in Washington, D.C.[1]

Adkerson was the past chairman of the International Council on Mining and Metals and is currently a member of the Council on Foreign Relations, The Business Council, and the Business Roundtable. He serves on the advisory council of the Kissinger Institute on China and the United States and as a member of the Clinton Global Initiative.[3]

He serves on the board of directors of the Arizona Commerce Authority, Greater Phoenix Leadership, and the Greater Phoenix Economic Council. He is vice chairman of the National World War II Museum, and also serves on the board of visitors of the MD Anderson Cancer Center in Houston, Texas. Additionally, he is a member of the Mississippi State University Foundation’s board of directors.[2]

The Phoenix Business Journal wrote in November 2014 that Adkerson made $55 million that year, ranking him as the third highest paid US executive.[4]

Recognition

[edit]

Adkerson received the American Institute of Mining, Metallurgical and Petroleum Engineers Charles F. Rand Memorial Award in 2011 and was named Executive of the Year by the W. P. Carey School of Business Dean’s Council at Arizona State University in 2010.[5] He has been named The Best CEO in Metals and Mining by Institutional Investor magazine for four years running, and was named The Copper Man of the Year 2009 by The Copper Club.[3]

Personal life

[edit]

Adkerson lives in Phoenix, Arizona. Sun Ranch Partners, managed by Adkerson, purchased the eponymous 18,500-acre ranch (7,500 ha) near Cameron, Montana in 2010.[6]

References

[edit]
  1. ^ a b "Profiles: Richard Adkerson". EuropeanCEO.com. June 29, 2008. Retrieved January 30, 2014.
  2. ^ a b "Executive profile: Richard Adkerson". Bloomberg. Archived from the original on June 18, 2013. Retrieved January 30, 2014.
  3. ^ a b "Executive Management at Freeport". FCX.com. Archived from the original on February 19, 2014. Retrieved January 30, 2014.
  4. ^ "Phoenix CEO made $55 million last year, the third-highest pay among US executives". BizJournals. May 27, 2014. Retrieved November 28, 2014.
  5. ^ "Executive of the Year honorees". W. P. Carey School of Business. May 3, 2017. Retrieved February 4, 2020.
  6. ^ Person, Daniel (February 2, 2010). "Mining exec buys Sun Ranch". Daily Chronicle. Retrieved January 8, 2023.