Grant County NM Front Page News

Grant County Commission holds work session 101221, part 10, addresses regular meeting new business

Details: Front Page News; 02 November 2021

By Mary Alice Murphy

[Editor's Note: The meeting went for a bit more than five hours, with a very short break. Part 10 covers only the one item under new business.]

In the continuation of the Grant County Commission work session held on Oct. 12, 2021, Chief Procurement Officer Randy Hernandez presented the expenditure report. In the month ending on October 12, 2021, county expenses totaled $2,876,966.78, which included two payroll periods, which totaled $422,777.23. Below you will find a PDF of the expenditures above $10,000.

Grant County Commission hears reports at regular meeting, part 9

Details: Front Page News; 02 November 2021

By Mary Alice Murphy

[Editor's Note: The work session went for a bit more than five hours, with a very short break. Part 9 goes into the county reports at the regular meeting and the next article goes back to the work session.]

At the Grant County Commission regular meeting held on Oct. 14, 2021, commissioners heard reports from elected officials.

Clerk Marissa Castrillo had no report.

Freeport-McMoRan Announces Appointment of Senior Vice President and Chief Financial Officer

Details: Front Page News; 02 November 2021

To download a PDF of the release, please visit the following link: Freeport-McMoRan Announces Appointment of Senior Vice President and Chief Financial Officer

fcx 211102 Maree E. Robertson (Photo: Business Wire)Maree E. Robertson

PHOENIX--(BUSINESS WIRE)-- Freeport-McMoRan Inc. (NYSE: FCX) announced today the appointment of Maree E. Robertson as Senior Vice President and Chief Financial Officer effective March 1, 2022.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211102005748/en/

In this role, Maree will assume responsibility for FCX's accounting, finance and tax functions, including financial reporting, operational accounting, internal controls, financial planning and analysis, treasury and risk management. Maree will report to Kathleen L. Quirk, who has served as Chief Financial Officer since 2003, and was appointed to an expanded role of President in February 2021.

Freeport-McMoRan Announces Program for Increased Cash Returns to Shareholders

Details: Front Page News; 01 November 2021

To download a PDF of the release, please visit the following link: Freeport-McMoRan Announces Program for Increased Cash Returns to Shareholders

New $3.0 billion share repurchase authorization
Addition of variable cash dividend on common stock
Actions achieve objective of performance-based payout framework

PHOENIX--(BUSINESS WIRE)-- Freeport-McMoRan Inc. (NYSE: FCX) announced today that its Board of Directors ("Board") has approved a new share repurchase program authorizing repurchases of up to $3.0 billion of FCX common stock.

The Board also approved the addition of a variable cash dividend on common stock for 2022 at an expected annual rate of $0.30 per share. The combined annual rate of the base dividend and the variable dividend is expected to total $0.60 per share. The Board intends to declare quarterly dividends for 2022 of $0.15 per share (including the $0.075 variable component), with the initial quarterly dividend expected to be paid on February 1, 2022. Based on current shares outstanding totaling 1.47 billion, the total common stock dividend (base and variable) expected to be paid approximates $0.9 billion per annum.

Freeport-McMoRan Announces Appointment of Independent Member to its Board of Directors

Details: Front Page News; 01 November 2021

To download a PDF of the release, please visit the following link: Freeport-McMoRan Announces Appointment of Independent Member to its Board of Directors

Ryan M. Lance

PHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Inc. (NYSE: FCX) announced today the appointment of Ryan M. Lance to its Board of Directors and as a member of the Corporate Responsibility Committee of the Board of Directors.

Mr. Lance is the Chairman and Chief Executive Officer of ConocoPhillips, one of the world's largest independent exploration and production companies. He has 37 years of executive and operational experience in the oil and natural gas industry. His previous ConocoPhillips executive assignments included responsibility for international exploration and production, regional responsibility at various times for Asia, Africa, the Middle East and North America, and responsibility for technology, major projects, downstream strategy, integration and specialty functions. He is a former Chairman of the American Petroleum Institute and is currently serving on its Executive Committee, and currently chairs the National Petroleum Council's Agenda Committee. He is also a member of the Business Roundtable and The Business Council and serves on the board of the National Fish and Wildlife Foundation. Mr. Lance holds a B.S. in Petroleum Engineering from Montana Technological University.

Locations listed: Tuesday, Nov. 2 is Election Day in Grant County and throughout New Mexico

Details: Front Page News; 31 October 2021

Polls will open at 7 a.m. and close at 7 p.m. on Tuesday, Nov. 2, 2021. On the ballot are several municipal mayors, councilors and trustees, as well a school board members for Silver and Cobre schools. In addition, seats on the Grant Soil and Water Conservation District Board and the Upper Gila Valley Watershed Board are also up for election. Plus school bond issues for both school districts are on the ballot to provide funding for maintenance of school buildings and infrastructure.

If you failed to vote early, you can still vote Tuesday at the Grant County Clerk's Office and the following locations:

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