James Robert "Jim Bob" Moffett, the former chairman and chief executive officer of Freeport-McMoRan Inc., has died. For the rest of this article: https://www.wsj.com/articles/former-freeport-mcmoran-chairman-james-r-moffett-dies-11610388460. He agreed to support a bond refinancing that provided $35 million for the city to pay for roadwork, parks and libraries. He was 82 and had been ill for several years. At one point, he wanted to develop a master plan for that whole left side of the base area, Porter said. DKR's statement "luck is when preparation meets opportunity" set the tone for Jim Bob's breath-taking success in the business world. He received an Honorary Doctor of Science degree from Louisiana State University and a Doctor of Financial Economics, Honoris Causa, a degree from the University of New Orleans. See Carter USM and Jamie Wednesday for those bands' discographies. Mack Brown once said, we are like pieces of clay, and each person who touches us makes an impression. For Jim Bob Moffett, Elvis Presley, and Coach Darrell Royal formed the mold for Jim Bob. In 2005, Cherry Red released a DVD of a live solo acoustic performance, titled Live From London, featuring songs from his solo career as well as many Carter USM tracks. endobj 1 0 obj History is a great teacher when people listen, Jim Bob Moffett understood that. A postdoctoral fellowship, the 2021 James R. "Jim Bob" Moffett, also was awarded by the Foundation. His success allowed him and his partners to invest heavily in the base area in Steamboat, where he purchased the Ski Time Square shopping center and Thunderhead Lodge. A DVD featuring a live acoustic performance of Jim Bob songs and Carter USM songs. STEAMBOAT SPRINGS James "Jim Bob" Moffett was a geologist, a former college football player and oil wildcatter, who built Freeport-McMoRan into one of the world's leading natural resource companies. 2500 San Jacinto Blvd, Austin, TX 78705. He also is a member of the University of Texas McCombs School of Business Hall of Fame and the American Mining Hall of Fame, Mining Foundation of the Southwest. Flexing his right shoulder, he knew it almost immediately. Jim Bob Moffett to step down as Freeport-McMoRan chairman | Business News | nola.com Skip to main content You have permission to edit this article. He was 82. Learning from history sheds light on and adds perspective to the present state of Longhorn football. leaders, and the political power structure for once all were singing from the same Longhorn hymnal. The fight culminated in a City Council meeting June 7, 1990. Jim Bob Moffett, brash Fortune 500 CEO in New Orleans, dies at 82, Freeport-McMoRan chief was a force in civic, business affairs in 1980s and 1990s, Freeport-McMoRan exits deepwater Gulf of Mexico for $2 billion, Freeport-McMoRan sells chunk of copper mine for $1 billion, McMoRan Exploration shareholders approve plan to merge with Freeport-McMoran, As his blighted Algiers Point home draws ire, state Sen. He was the singer of indie punk band Carter the Unstoppable Sex Machine . 3%. Sie knnen Ihre Einstellungen jederzeit ndern. A geologist with a masters degree from Tulane University, able to subsist on little sleep, Moffett used his forceful personality, willingness to take big risks and deep understanding of the oil, gas and minerals business to lead a company that in 1988 found the worlds biggest gold mine and one of the biggest copper mines in Indonesia. 2021 Mike Ruether has passed away- 1980-1983 Longhorn football. Theformer mining executive and multimillion-dollar UT donor's plans for a huge development upstream of Barton Springs galvanized the city's environmental movement in the early 1990s and birthed a more aggressive breed of activist. View latest articles, news and information about what happened to Jim Bob Moffett, American petroleum geologist, that died on Sunday January 10th 2021at age 82 He was 82. . Paden Kelley on march 18 2019 passed away. from the University of Virginia in Charlottesville, Virginia. Critics had long regarded the company as a symbol of neocolonialism, citing environmental problems caused by mining, as well as allegedkillings, torture and other abuses of indigenous people by soldiers for the Indonesian government, a business partner in the operation. The institute operates the Audubon Freeport-McMoRan Species Survival Center in Lower Coast Algiers, where endangered species can breed. It was the worse year in the history of Longhorn football, so he offered advice to those in 2021. No cause was given in the statement released by the world's. endstream Jim Bob Moffett, co-founder and former CEO of Freeport McMoRan, dies at 82 - by Dominic Massa (WWLTV.com - January 9, 2021) January 10, 2021. . 3 0 obj Jim Bob loved the Longhorns and did everything he could financially and otherwise to make the Longhorns the best educational and sports program in the country. PHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Inc. (NYSE: FCX) announced today with great sadness that James Robert "Jim Bob" Moffett of Austin, Texas passed away at the age of 82.Mr. Readers around Steamboat and Routt County make the Steamboat Pilot & Todays work possible. If a green pivot is to happen, power grids must become supergrids, continent-spanning networks that can move green energy thousands of miles. Russia's defence ministry said 63 soldiers had died in the fiery blast which destroyed a temporary barracks in a former vocational college in Makiivka, twin city of the Russian-occupied regional capital of Donetsk in eastern Ukraine. 7 0 obj As he proudly pointed out on a conference call this week, Freeport's and McMoran Exploration's Jim Bob Moffett bragged of how FCX went from being the 100th largest natural resource company in the. Led by legendary geologist Jim Bob Moffett, McMoRan said in its new quarterly report that it has sunk a total of $1.2 billion to drill six behemoth wells, including Davy Jones, Blackbeard and . He was a giant of a man for the city of New Orleans and the state of Louisiana, said Ron Forman, president and CEO of the Audubon Nature Institute. Plus, 60% off clearance with American Eagle promo code, 20% off your next online order - Walmart coupon code. He was 82. Cancer Center supporters Laure and Jim Bob Moffett have announced that they will match all donations made to The Taste during the week of April 2-12 - dollar for dollar up to $10,000 - in honor of Laure's mother, Betty LaFleur Zachariah, who was treated at the Cancer Center. Live from New York and Hong Kong, bringing you the essential stories from the close of the U.S. markets to the open of trading across Asia. Apple Delays AR Glasses, Plans Cheaper Mixed-Reality Headset, Amazon Kicks Off Round of Job Cuts Affecting 18,000 People, Stock Mood Turns Ugly as Slowdown Fears Surface: Markets Wrap, Microsoft to Cut Engineering Jobs This Week as Layoffs Go Deeper. In 1984, at a time when big oil and gascompanies still had a major presence in New Orleans, Moffett moved the company headquarters from Metairie into a new office tower at 1615 Poydras St. across from the Superdome. His plans for a huge development upstream of Barton Springs galvanized the city's environmental movement in . Moffett was a noted civic leader and philanthropist and received many awards during his career, including the Horatio Alger Association of Distinguished Americans Award and the Norman Vincent Peale Award for exceptional humanitarian contributions to society. Other questions:subscriberservices@theadvocate.com. On January 8, 2021, Jim Bob Moffett succumbed to Covid. stream 2021 Patricia Ungar- Michael Ungar's wife. Track your investments 24 hours a day, around the clock from around the world. Already a member? $.' (Photo by G. Andrew Boyd, The Times-Picayune), Jim Bob Moffett in 1990. James Robert Jim Bob Moffett, the former chairman and chief executive officer of Freeport-McMoRan Inc., has died. Jim Bob Moffett, chairman and CEO of Freeport McMoRan Copper and Gold, at a shareholders meeting in 1996. <>/Metadata 107 0 R/ViewerPreferences 108 0 R>> This segment explores the racial history behind the controversial naming of one of UT's dorms. Larry Falk's Baseball cards and baseballs, Predatory fans on social media are dangerous to the Longhorn Nation, Deceased- alphabetically by last name m-z. James "Jim Bob" Moffett, an oil wildcatter turned mining prospector who helped build Freeport-McMoRan Inc. into a natural-resources giant, has died at age 82. James Robert "Jim Bob" Moffett, Sr. died Friday, January 8, 2021, at 11:25 pm at Seton Memorial Hospital in Austin, Texas of complications from Covid-19. A longtime business leader and philanthropist with strong ties to New Orleans and Southeast Louisiana has died.Jim Bob Moffett, the former president and CEO of oil and gas giant Freeport-McMoRan . The family wishes that any donations be made to The Parkinson's Foundation online,https://www.parkinson.org/,or by mail to Parkinson's Foundation, 200 SE 1st Street, Suite 800, Miami, Florida 33131 in memory of Jim Bob Moffett for research. 2016 Collin Campbell -Mike Campbell's family, 2017 Spike Dykes- deceased- Avoid Flying Baloney by Mark McDonald. Controversy breeds defeat. Topics; See All Markets; Biofuels; Crack Spread; Crude Oil; Frac Spread; Liquefied Natural Gas; Natural Gas; Natural Gas . articles a month for anyone to read, even non-subscribers! To honor Mr. Moffett, The flag was flown over the Texas State Capitol at half-staff. Jim Bob's autobiography, Goodnight Jim Bob On The Road With Carter The Unstoppable Sex Machine, was published by Cherry Red Books in 2004. You will be charged } Barthelemy found Moffett to be a more willing partner than most other businessmen, at a time when a sharp drop in oil prices had ravaged New Orleans economy and City Hall's finances. Moffett attended UT on a full football scholarship. After college Jim Bob continued his close relationship with renowned coach and mentor, Darrell Royal, until Coach's death in 2012. He was 82. by John McBeth December 23, 2018 February 18, 2020. The Disney Executive Who Made $119,505 a Day, Surveillance Program on Money Transfers Raises Privacy Concerns, 4 World-Class Ski Resorts That Dont Cost a Fortune, Opinion: Water Is a Terrible Thing for California to Waste, Opinion: Biden Gives a Boost to Schoolyard Bullies, Opinion: Big News About a Smaller Chinese Population, Opinion: The Government Debt Threat Keeps Mounting. Freeport-McMoRan remained in New Orleans until 2007 when a merger led to the companys relocation in Phoenix. applink.href = whizDeepLink; Tag: Jim-Bob Moffett. You may change your billing preferences at any time in the Customer Center or call In 1961 Jim Bob Moffett graduated from U.T. Contribute to IMDb. Jan 13, 2021 James Moffett, a longtime energy and mining executive who's remembered in Austin for donating millions of dollars to the University of Texas and for a controversial real estate. In December 2009 Jim Bob performed his 2004 song "Angelstrike!" as part of the shows The Return of 9 Lessons and Carols for Godless People for two nights at the Bloomsbury Theatre and at Hammersmith Apollo. Hide all | | Edit. One major effort was his push to revamp the states tax laws, which he and its backers, including then-Gov. His "passion and relentless drive as an . Jim Bob experienced these same conflicts in 1956 when the Horns only won one game. All releases credited as Jim Bob unless otherwise stated. Jim Bob sat on several non-profit boards, including Horatio Alger Association, Children's Tumor Foundation supporting NF-1 research, the University of Texas at Austin, Tulane University, Wildcatter's Club, Alfalfa Club, Audubon Nature Institute, the DKR Alzheimers Research Fund, and many others. The company's operations halfway around the world put Moffett in the crosshairs of campus controversy. Moffett repeatedly fielded complaints from environment advocates that he turned a blind eye to company projects that poisoned the water and soils. Close Menu. Mr. Moffett died on Friday night in Austin, Texas. . He founded the Business Council in the mid-1980s to present, in a more forceful manner, business views on the major social and economic issues of the day to political leaders. On January 21, 1962 he married Linda Kay Rollins in East Alton, IL. Multiple UT endowments carry Moffett's name. In New Orleans, Moffett, who grew up poor in Texas, shook up the stodgy ways of doing business in a city where company CEOs tended to come from the old-line Carnival krewes and social clubs. DKR and Elvis built the bridge that would define Jim Bobs life journey. Today, however, in the twilight of a long, storied and sometimes controversial career, the 71-year-old oil . Freeport Indonesia Riza Pratama membenarkan telah menerima kabar duka tersebut. Moffett had Freeport donate millions of dollars for libraries, parks, summer jobs programs for kids, the New Orleans Opera and the Louisiana Philharmonic Orchestra, among others, said Cindy Molyneux, who headed the companys foundation. Moffett was particularly active in New Orleans when Sidney Barthelemy was mayor from 1986 to 1994. It was a bejewelled backdrop to the deal that went down that day, the forced one between Freeport-McMoRan's Jim Bob Moffett and Bre-X's David Walsh, the one that was meant to settle the ownership of Busang. Bad Data results in Bad recruiting decisions. Giving Back 501 (c) (3)'s and foundations set up by former Longhorn student athletes. Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Freeport-McMoRan Inc. (NYSE: FCX) announced today with great sadness that James Robert "Jim Bob" Moffett of Austin, Texas passed away at the age of 82. He stated that she had a sign in the kitchen of a boarding house that she ran that read, "if you don't work, you don't eat." Update information for Jim Bob Moffett . Moffett and his partners loved to showcase Steamboat to their customers and contacts when they had a chance and, for several years, hosted the David Graham Invitational Pro-Am Golf Tournament on the greens and fairways of the Sheraton Steamboat Golf Club. To plant trees in memory, please visit the. Betsey Johnson Blue by SB-Gown Pump (Bronze Fabric) az1vbzhh81akvmzc - 10 Betsey Johnson Blue by SB-Gown Pump (Bronze Fabric . From that decision rose the Save Our Springs Coalition (now the SOS Alliance)and landmark rules that limit development in that portion of Austin. applink.title = 'Whiz'; Kyiv said the Russian death toll was in the hundreds, though pro-Russian officials called this an exaggeration. MOFFETT SR., James Robert "Jim Bob" James Robert "Jim Bob" Moffett, Sr. died Friday, January 8, 2021, at 11:25 pm at Seton Memorial Hospital in Austin, Texas of complications from Covid-19. He also helped form the partnership that made the Sheraton Steamboat Resort an anchor for the growing Steamboat ski area in the 1980s. The PV-10 value fell 36% to $8.14 billion in the company's 2014 10-K, even as the SEC oil price deck . Do something better than anyone else. He would keep pushing to make it happen.. 8 0 obj Buddy Roemer, dubbed fiscal reform. Louisiana voters rejected the measure after opponents said it would raise taxes on individuals. 2019 Cedric Benson shares a special moment with his teammates. Moffett won a scholarship to play football and study geology at the University of Texas but found his studies limited his ability to play ball. One has to have compassion and a desire to help others, and then you have to be dedicated to making sure the help you offer makes a difference.". Jim Bob credits his mother with his work ethic. Mr.. %PDF-1.7 Customer Service. If you don't follow the rules, your comment may be deleted. No cause was given in the statement released by the worlds largest listed copper producer. Mr. Moffett co-founded McMoRan Exploration Co. in 1969 with B. M. "Mack" Rankin, Jr. (deceased) and W. K. McWilliams (deceased). Rather than treat the situation as a political dispute in which both sides had legitimate interests an approach that many activists said had led them to compromise too easily activists framed the issue as cruel business interests threatening Austin's most beloved civic feature. He was 82 years old. 6 0 obj Both men were charismatic and talented. He was very instrumental in the success of our athletic department," Chris Del Conte, UT's athletic director, told . Tempo.co - https://bit.ly/38v9Sw3; Anisa Indraini. 2 0 obj He was bigger than life. The last pitch of James Proctor's playing career sailed far outside the left-hand batter's box. const userAgent = navigator.userAgent; A best-of album was released in the autumn of 2006, accompanied by a UK tour. He was 82 years old. I was actually working for ITT Sheraton, and then Starwood when Starwood took over the properties. He was in your face when he knew something was right and had to be done. Jim Bob Moffett converted what he learned under the Tutelage of Coach Darrell Royal into one of the most successful business enterprises in U.S. history. Wildcatter, philanthropist and environmental provocateur Jim Bob Moffett has died, University of Texas officials have confirmed. This was originally intended as a download-only release, but a physical CD was produced. He discusses: his move to Houston as a child; the role of the American Dream in relation to the Cold War; his time at the University of Texas at Austin; working for an independent oil company while also pursuing a masters degree at Tulane University; entrepreneurial spirit; how Freeport-McMoRan came into existence; his work in Indonesia; the decision to locate his company in New Orleans; what it felt like to discover the largest gold mine in the world; the importance of trusting instinct; and luck and opportunity. In his speech after accepting the honor, Jim Bob said he defines success as reaching a point in life when you can help other people to be successful. He advises young people that success is available to anyone in America. Best and Worst Airlines of 2022: The Effect of the Southwest Mess, Climate Activist Greta Thunberg Detained in Germany During Coal Mine Protest, Fed Talks: A Conversation With St. Louis Fed President James Bullard, Ukrainian Interior Minister Dies in Kyiv Helicopter Crash. As a young man, Moffett became a huge fan of Elvis Presley. Lourd had other D-I scholarship offers, but the UT legacy (the grandson of Jim Bob Moffett) opted for Texas. Customer Service. He served as DA from 1951 to 1961. James "Jim Bob" Moffett, an oil wildcatter turned mining prospector who helped build Freeport-McMoRan Inc. into a natural-resources giant, has died at age 82. Since 2016, Jim Bob and Michelle have actually been the parents of 20 kids. 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