Richard C. Adkerson
2007
In 2007, Richard C. Adkerson earned a total compensation of $67.8M as President & Chief Executive Officer at Freeport-McMoRan, a 111% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $2,623,389 |
|---|---|
| Non-Equity Incentive Plan | $5,432,000 |
| Option Awards | $33,300,000 |
| Salary | $2,083,333 |
| Stock Awards | $21,689,955 |
| Other | $2,688,390 |
| Total | $67,817,067 |
Adkerson received $33.3M in option awards, accounting for 49% of the total pay in 2007.
Adkerson also received $2.6M of change in pension value and nonqualified deferred compensation earnings, $5.4M in non-equity incentive plan, $2.1M in salary, $21.7M in stock awards and $2.7M in other compensation.
Rankings
In 2007, Richard C. Adkerson's compensation ranked 11th out of 8,700 executives tracked by ExecPay. In other words, Adkerson earned more than 99.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 11 out of 8,700 | 100th |
Division Mining | 2 out of 390 | 100th |
Major group Metal Mining | 2 out of 54 | 96th |
Source: SEC filing on April 25, 2008.
Adkerson's colleagues
We found four more compensation records of executives who worked with Richard C. Adkerson at Freeport-McMoRan in 2007.