Company News Summary
Fortescue Metals Group Announces Changes in Leadership
18 May 2022 | 08:36:00 | Associate analysts | Increase | Decrease | 
Original announcement: Fortescue Leadership Changes
Fortescue Metals Group announced that it will transition to a truly global company and restructure the organisation to have both the CEO of the Company and the CEO of Fortescue Future Industries (FFI) reporting directly to the Board. Dr Andrew Forrest AO will be appointed Executive Chairman of the Company, specifically overseeing the iron ore business for an interim period to help drive the Company's transition when Elizabeth Gaines concludes her highly successful tenure in August 2022. It announces Dr Mark Hutchinson, former President and CEO of General Electric (GE) Europe, will join FFI in early July 2022, initially in the role of Director of Projects, before assuming the role of CEO of FFI, by the end of 2022.
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