Good corporate governance is a priority for our company. We are committed to efficient and transparent business management and are aligned with our shareholders policies and procedures.
Corporate Governance
Board of Directors
Richard C. Adkerson
Chairman of the Board and Chief Executive Officer of Freeport-McMoRan Inc. and Chairman of the Board of Directors of Atlantic Copper, S.L.U.
Kathleen L. Quirk
President of Freeport-McMoRan Inc. and Member of the Board of Directors of Atlantic Copper, S.L.U.
Javier Targhetta
President of Atlantic Copper, S.L.U. and Senior Vice President Marketing & Sales of Freeport-McMoRan Inc.Senior Management Committee
Organization
The following sub-committees exist within the Executive Committee:
- Appointments and Remunerations Committee. Responsible for submitting nominations to the Board of Directors for staff that will report directly to the Board or any of its members, and for approving appointments to General Management and management positions.
- Audit Committee. Its mission is to ensure the quality of the Company’s financial information, in particular the Annual Accounts and the annual Management Report, which includes the Statement of Non-Financial Information, to assist the Atlantic Copper Board of Directors in their responsibility of preparing the accounts.
- Sustainability Committee. Guide and approve Atlantic Copper’s energy and environmental policies, define environmental and decarbonization objectives and guidelines, and monitor the action plans and best practices deriving from the aforementioned policies.
On the other hand, to assess the risks inherent in the business and the environment in which the company operates, the most appropriate management processes are designed and implemented in order to manage and mitigate the material risks and challenges facing the company.
To this end, the Company has a Risk Management Model to establish the control mechanisms and responsibilities deriving from each risk identified. The ultimate aim of this model is to provide reasonable security in achieving strategic, operational, compliance or information objectives.
To track these risks, the company has several committees:
- Committee on Risk Analysis, Assessment and Monitoring and Sustainable
- Development Opportunities.
- Supplier Certification Committee.
- Coverage Committee.
- Credit Risk Committee.
- Responsible Provisioning Committee.
