Kathleen Quirk Announces Appointment of Cory Stevens as President and Chief Operating Officer-Americas<\/h1>\n<\/div>\n<\/div>\n
[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=”Row” _builder_version=”4.27.5″ _module_preset=”default” background_color=”RGBA(255,255,255,0)” custom_margin=”50px||||false|false” custom_padding=”0px||0px||false|false” background_color_phone=”#FFFFFF” background_last_edited=”on|phone” background_enable_color_phone=”on” custom_css_main_element=”display: flex;||flex-wrap: wrap;” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.27.4″ _module_preset=”default” background_color=”RGBA(255,255,255,0)” background_color_phone=”RGBA(255,255,255,0)” background_last_edited=”on|phone” background_enable_color_phone=”on” global_colors_info=”{}” custom_css_main_element_last_edited=”on|phone” custom_css_main_element_phone=”order: 2;||”][et_pb_text admin_label=”Body Text” _builder_version=”4.27.5″ _module_preset=”default” text_font=”Fira Sans Condensed|300|||||||” text_text_color=”#4d4d4f” text_font_size=”18px” text_line_height=”1.5em” header_3_font=”Fira Sans Condensed|600|||||||” header_3_text_color=”#4d4d4f” header_3_font_size=”18px” header_3_line_height=”1.5em” custom_padding=”||||false|false” custom_padding_tablet=”|125px|||false|false” custom_padding_phone=”|0px|||false|false” custom_padding_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n
On November 5, President and Chief Executive Officer Kathleen Quirk issued the following memo to all Freeport employees:<\/em><\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_2,1_2″ disabled_on=”on|off|off” admin_label=”Row-DESKTOP” _builder_version=”4.27.5″ _module_preset=”default” background_color=”RGBA(255,255,255,0)” custom_margin=”20px|auto||auto|false|false” custom_padding=”0px||0px||false|false” background_color_phone=”#FFFFFF” background_last_edited=”on|phone” background_enable_color_phone=”on” custom_css_main_element=”display: flex;||flex-wrap: wrap;” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.27.4″ _module_preset=”default” background_color=”RGBA(255,255,255,0)” background_color_phone=”RGBA(255,255,255,0)” background_last_edited=”on|phone” background_enable_color_phone=”on” global_colors_info=”{}” custom_css_main_element_last_edited=”on|phone” custom_css_main_element_phone=”order: 2;||”][et_pb_text admin_label=”Body Text” _builder_version=”4.27.5″ _module_preset=”default” text_font=”Fira Sans Condensed|300|||||||” text_text_color=”#4d4d4f” text_font_size=”18px” text_line_height=”1.5em” header_3_font=”Fira Sans Condensed|600|||||||” header_3_text_color=”#4d4d4f” header_3_font_size=”18px” header_3_line_height=”1.5em” custom_padding=”||||false|false” custom_padding_tablet=”|125px|||false|false” custom_padding_phone=”|0px|||false|false” custom_padding_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n <\/p>\n <\/p>\n During this period, we focused on our people and processes to enhance safety management and training systems amid high workforce turnover in the U.S., built robust preventive maintenance systems to improve asset health and deployed new technologies to improve operational efficiencies, leach recoveries and define new avenues for growth; \u00a0including our Leach to the Last Drop initiative, Bagdad 2x project, Safford\/Lone Star expansion and transformative expansion of El Abra.<\/p>\n The hard work by our team to overcome the challenges during this period of dynamic change in our industry and our drive to be the best operator in the industry formed a strong foundation for the future.<\/p>\n [\/et_pb_text][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.27.4″ _module_preset=”default” background_color=”RGBA(255,255,255,0)” background_color_phone=”RGBA(255,255,255,0)” background_last_edited=”on|phone” background_enable_color_phone=”on” global_colors_info=”{}” custom_css_main_element_last_edited=”on|phone” custom_css_main_element_phone=”order: 2;||”][et_pb_text admin_label=”Body Text” _builder_version=”4.27.5″ _module_preset=”default” text_font=”Fira Sans Condensed|300|||||||” text_text_color=”#4d4d4f” text_font_size=”18px” text_line_height=”1.5em” header_3_font=”Fira Sans Condensed|600|||||||” header_3_text_color=”#4d4d4f” header_3_font_size=”18px” header_3_line_height=”1.5em” custom_padding=”||||false|false” custom_padding_tablet=”|125px|||false|false” custom_padding_phone=”|0px|||false|false” custom_padding_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n As we look forward, we see a world with increasing requirements for the metals we produce, particularly copper.\u00a0 The intensity of use for copper continues to build beyond traditional uses, including for broad-based electrification and exponential growth in data computing used in AI models.<\/p>\n With our large-scale production footprint and significant undeveloped resources in the Americas with advanced-stage growth options, we are well positioned to build new supply to support a growing copper market.<\/p>\n The ability to grow supplies of copper is challenging, as we have seen across the industry.\u00a0 Success in achieving our growth targets in the future will require us to go beyond being \u201cbest at the basics\u201d by integrating new technologies and taking our performance to a higher level as \u201cAmerica\u2019s Copper Champion\u201d.\u00a0 We are at an exciting inflection point for our business, which will drive new opportunities for our people.<\/p>\n Cory\u2019s passion for innovation, our industry and people, his proven ability to drive operational excellence, develop and empower future leaders, lead major projects and find new opportunities for value creation position him to take our Americas business forward as we prepare for a new phase of growth.<\/p>\n I am pleased that Josh will remain a Freeporter, supporting Cory in a Senior Advisory capacity.\u00a0Cory and Josh have partnered together for many years and have made each other better.\u00a0With his strong operational and technical acumen, steady leadership and outstanding character, Josh has earned tremendous respect at all levels of the organization, and we are grateful for his commitment to support our next chapter.<\/p>\n Please join me in congratulating Cory on his appointment and in showing our appreciation for Josh\u2019s accomplishments and his new role.<\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_2,1_2″ disabled_on=”off|on|on” admin_label=”Row-MOBILE” _builder_version=”4.27.5″ _module_preset=”default” background_color=”RGBA(255,255,255,0)” custom_margin=”20px|auto||auto|false|false” custom_padding=”0px||0px||false|false” background_color_phone=”#FFFFFF” background_last_edited=”on|phone” background_enable_color_phone=”on” custom_css_main_element=”display: flex;||flex-wrap: wrap;” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.27.4″ _module_preset=”default” background_color=”RGBA(255,255,255,0)” background_color_phone=”RGBA(255,255,255,0)” background_last_edited=”on|phone” background_enable_color_phone=”on” global_colors_info=”{}” custom_css_main_element_last_edited=”on|phone” custom_css_main_element_phone=”order: 2;||”][et_pb_image src=”https:\/\/fmminermag.com\/htdocs\/wp-content\/uploads\/2025\/12\/katheen-quir-headshot.png” title_text=”kath;een-quir-headshot” admin_label=”quirk” _builder_version=”4.27.5″ _module_preset=”default” width=”55%” global_colors_info=”{}”][\/et_pb_image][et_pb_image src=”https:\/\/fmminermag.com\/htdocs\/wp-content\/uploads\/2025\/12\/coery-stevens-headshot.png” title_text=”coery-stevens-headshot” admin_label=”stevens” _builder_version=”4.27.5″ _module_preset=”default” width=”55%” global_colors_info=”{}”][\/et_pb_image][et_pb_text admin_label=”Body Text” _builder_version=”4.27.5″ _module_preset=”default” text_font=”Fira Sans Condensed|300|||||||” text_text_color=”#4d4d4f” text_font_size=”18px” text_line_height=”1.5em” header_3_font=”Fira Sans Condensed|600|||||||” header_3_text_color=”#4d4d4f” header_3_font_size=”18px” header_3_line_height=”1.5em” custom_padding=”||||false|false” custom_padding_tablet=”|125px|||false|false” custom_padding_phone=”|0px|||false|false” custom_padding_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n Today, we announced a new, streamlined organizational structure for the Americas whereby Cory Stevens was appointed to an expanded role as President and Chief Operating Officer for Freeport Americas, effective December 1, 2025.<\/p>\n Over the last five years, our Freeport Americas team, led by Josh Olmsted, successfully managed a series of challenges, including pandemic-related labor and supply chain shortages, inflationary pressures and a decline in ore grades.<\/p>\n During this period, we focused on our people and processes to enhance safety management and training systems amid high workforce turnover in the U.S., built robust preventive maintenance systems to improve asset health and deployed new technologies to improve operational efficiencies, leach recoveries and define new avenues for growth; \u00a0including our Leach to the Last Drop initiative, Bagdad 2x project, Safford\/Lone Star expansion and transformative expansion of El Abra.<\/p>\n The hard work by our team to overcome the challenges during this period of dynamic change in our industry and our drive to be the best operator in the industry formed a strong foundation for the future.<\/p>\n [\/et_pb_text][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”4.27.4″ _module_preset=”default” background_color=”RGBA(255,255,255,0)” background_color_phone=”RGBA(255,255,255,0)” background_last_edited=”on|phone” background_enable_color_phone=”on” global_colors_info=”{}” custom_css_main_element_last_edited=”on|phone” custom_css_main_element_phone=”order: 2;||”][et_pb_text admin_label=”Body Text” _builder_version=”4.27.5″ _module_preset=”default” text_font=”Fira Sans Condensed|300|||||||” text_text_color=”#4d4d4f” text_font_size=”18px” text_line_height=”1.5em” header_3_font=”Fira Sans Condensed|600|||||||” header_3_text_color=”#4d4d4f” header_3_font_size=”18px” header_3_line_height=”1.5em” custom_padding=”||||false|false” custom_padding_tablet=”|125px|||false|false” custom_padding_phone=”|0px|||false|false” custom_padding_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n As we look forward, we see a world with increasing requirements for the metals we produce, particularly copper.\u00a0 The intensity of use for copper continues to build beyond traditional uses, including for broad-based electrification and exponential growth in data computing used in AI models.<\/p>\n With our large-scale production footprint and significant undeveloped resources in the Americas with advanced-stage growth options, we are well positioned to build new supply to support a growing copper market.<\/p>\n The ability to grow supplies of copper is challenging, as we have seen across the industry.\u00a0 Success in achieving our growth targets in the future will require us to go beyond being \u201cbest at the basics\u201d by integrating new technologies and taking our performance to a higher level as \u201cAmerica\u2019s Copper Champion\u201d.\u00a0 We are at an exciting inflection point for our business, which will drive new opportunities for our people.<\/p>\n Cory\u2019s passion for innovation, our industry and people, his proven ability to drive operational excellence, develop and empower future leaders, lead major projects and find new opportunities for value creation position him to take our Americas business forward as we prepare for a new phase of growth.<\/p>\n I am pleased that Josh will remain a Freeporter, supporting Cory in a Senior Advisory capacity.\u00a0Cory and Josh have partnered together for many years and have made each other better.\u00a0With his strong operational and technical acumen, steady leadership and outstanding character, Josh has earned tremendous respect at all levels of the organization, and we are grateful for his commitment to support our next chapter.<\/p>\n Please join me in congratulating Cory on his appointment and in showing our appreciation for Josh\u2019s accomplishments and his new role.<\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.27.4″ _module_preset=”default” 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Today, we announced a new, streamlined organizational structure for the Americas whereby Cory Stevens was appointed to an expanded role as President and Chief Operating Officer for Freeport Americas, effective December 1, 2025.<\/p>\n![\"\"](\"https:\/\/fmminermag.com\/htdocs\/wp-content\/uploads\/2025\/12\/coery-stevens-headshot.png\")
Over the last five years, our Freeport Americas team, led by Josh Olmsted, successfully managed a series of challenges, including pandemic-related labor and supply chain shortages, inflationary pressures and a decline in ore grades.<\/p>\n