Michael J. Arnold
2007
In 2007, Michael J. Arnold earned a total compensation of $13M as Executive Vice President & Chief Administrative Officer at Freeport-McMoRan, a 130% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $27,381 |
|---|---|
| Non-Equity Incentive Plan | $3,504,600 |
| Option Awards | $7,770,000 |
| Salary | $500,000 |
| Stock Awards | $787,497 |
| Other | $418,188 |
| Total | $13,007,666 |
Arnold received $7.8M in option awards, accounting for 60% of the total pay in 2007.
Arnold also received $27.4K of change in pension value and nonqualified deferred compensation earnings, $3.5M in non-equity incentive plan, $500K in salary, $787.5K in stock awards and $418.2K in other compensation.
Rankings
In 2007, Michael J. Arnold's compensation ranked 172nd out of 8,700 executives tracked by ExecPay. In other words, Arnold earned more than 98.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 172 out of 8,700 | 98th |
Division Mining | 12 out of 390 | 97th |
Major group Metal Mining | 4 out of 54 | 93rd |
Source: SEC filing on April 25, 2008.
Arnold's colleagues
We found four more compensation records of executives who worked with Michael J. Arnold at Freeport-McMoRan in 2007.