Tag Archives: Richard Adkerson

Adkerson

Leadership spotlight: Richard Adkerson

Richard Adkerson
Vice chairman, president and CEO
Freeport-McMoRan Copper & Gold Inc.
fcx.com

Adkerson, named The Best CEO in Metals and Mining by Institutional Investor magazine for the past four years, serves on the boards of the Arizona Commerce Authority and GPEC.

Biggest challenge: “When the financial meltdown occurred in the second half of 2008, it had a dramatic effect on copper prices and other commodities that we produce. We cut back hard cost production, we deferred capital projects, we cut back on our general and administrative expenses and adjusted the cost structure of our business to deal with the lower prices. I’m very proud of our organization on how we did respond.”

Advice to offer: “When you decide to do a deal, the most important thing is to get the deal done, not necessarily to trade for the best deal that is there. You want to get the best terms you can, but too often people let deals get away from them.”

Banner MD Anderson Lantern Of Hope

$2M Grant from Piper Supports Fight Against Cancer

With a generous $2 million grant from Virginia G. Piper Charitable Trust, the Cancer Has Met Its Match campaign benefitting Banner MD Anderson Cancer Center is near its $20 million goal. The grant from Piper Trust, in support of the campaign, provides funding for capital, programs and services that will impact patients, their families and the community.

Launched in January 2011, the Cancer Has Met Its Match campaign has attracted support from more than 1,000 individual, corporate and foundation donors that share an interest in fighting cancer. The campaign has been on a path to success since its inception thanks to the involvement of dozens of dedicated community and business leaders who comprise the campaign cabinet.

In particular, Richard Adkerson, president and CEO of Freeport-McMoRan Copper & Gold, has been invaluable as the chair of the campaign, while Arizona Cardinals’ star receiver Larry Fitzgerald has taken an active role as honorary chair. Additional outstanding leadership has been provided by co-chairs Steve Rizley, senior vice president of Cox Communication and Kari Yatkowski, founder of Corporate Citizen.

Located in Gilbert, Ariz., the Banner MD Anderson Cancer Center, part of the Phoenix-based nonprofit Banner Health system, relies on philanthropic support to fund education and outreach activities, patient support programs, the latest technology and more. Another significant gift received in Fall 2012 from the James M. Cox Foundation will fund the creation of the Center for Cancer Prevention and Integrative Oncology, which will incorporate traditional cancer treatments with evidence-based integrative therapies, such as acupuncture, yoga or meditation, to aid pain and stress management.

The Cancer Has Met Its Match campaign seeks to raise the remaining $311,000 by June 30, 2013. A second fundraising effort will follow to secure support for additional capital and programmatic efforts associated with the ongoing expansion of Banner MD Anderson. Work is currently underway on a 130,000-square-foot expansion project at Banner MD Anderson Cancer Center which will double the total clinic exam rooms to 60, add three linear accelerators used in radiation treatment and include 13 additional infusion bays. It will also expand the Laboratory Intake Center and Welcome Center, as well as the Cox Center for Integrative Oncology and Cancer Prevention.