Freeport-McMoRan announced today the appointment of Ryan M. Lance to its Board of Directors and as a member of the Corporate Responsibility Committee of the Board of Directors.
Mr. Lance is the Chairman and Chief Executive Officer of ConocoPhillips, one of the world’s largest independent exploration and production companies. He has 37 years of executive and operational experience in the oil and natural gas industry. His previous ConocoPhillips executive assignments included responsibility for international exploration and production, regional responsibility at various times for Asia, Africa, the Middle East and North America, and responsibility for technology, major projects, downstream strategy, integration and specialty functions. He is a former Chairman of the American Petroleum Institute and is currently serving on its Executive Committee, and currently chairs the National Petroleum Council’s Agenda Committee. He is also a member of the Business Roundtable and The Business Council and serves on the board of the National Fish and Wildlife Foundation. Mr. Lance holds a B.S. in Petroleum Engineering from Montana Technological University.
“We are pleased to welcome Ryan Lance to our Board,” said Richard C. Adkerson, Chairman and Chief Executive Officer. “As a CEO currently leading a large, successful international natural resource company, Ryan’s broad experience on global business matters relevant to Freeport will be valuable to our Board and management team. We look forward to his counsel and contributions.”
Adkerson continued, “With the addition of Ryan Lance and the four members added earlier in 2021, FCX now has an exceptional Board, including nine independent directors with diverse business experiences applicable to our business and strong corporate governance credentials. I am personally grateful to each of our directors for their willingness to serve and contribute to the future success of our company for the benefit of all our stakeholders.”
FCX’s Board of Directors is now comprised of 10 members, including nine independent directors, with a wide breadth of business experiences.
For full details, read the news release on fcx.com.