Freeport-McMoRan Memorium ad for Jim Bob Moffett
Freeport-McMoRan (NYSE: FCX) is a premiere international copper company operating large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. Freeport-McMoRan was founded in 1969 by Ken McWilliams, Jr. (“Mc”), Jim Bob Moffett (“Mo”) and Mack Rankin (“Ran”). In 1981, Moffett put together one of the largest corporate mergers in the history of Wall Street, combining McMoRan Oil & Gas Co. and Freeport Minerals Company to form Freeport-McMoRan Inc. It became one of the world’s leading natural resource companies, and Moffett served as Chairman and CEO. In 2021, Jim Bob Moffett passed away and the company ran memorium ads in the New Orleans Times Picayune and the Houston Chronicle in memory of Jim Bob.