When longtime Freeport-McMoRan Inc. Chairman of the Board and company co-founder James Moffett stepped down from his position in December 2015, he stepped straight into the No. 1 ranking of the Phoenix Business Journal’s Highest-Paid CEOs list, which was published today. For several years, Moffett and Freeport-McMoRan CEO Richard Adkerson have occupied the top two spots on the Highest-Paid CEOs list, with identical base salaries and similar stock awards and options.