Fortescue’s departing finance boss wants ‘time with family’

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Fortescue’s departing finance boss Ian Wells has broken his silence saying he is confident the company will deliver on its decarbonisation agenda

Departing Fortescue Metals chief financial officer Ian Wells says the company is well-placed to deliver on its push into clean energy and he plans to spend time with family after heThe comments are Mr Wells first since his shock resignation on Monday, which will see him serve a notice period of just three weeks and not participate in Fortescue’s half year financial results in February.

“Fortescue is in a strong position to be able to deliver on short-, medium- and long-term growth options through the Iron Bridge Magnetite project, Fortescue’s decarbonisation, and FFI’s portfolio of opportunities.”Mr Wells did not elaborate on the reasons for his departure, which came less than seven weeks after, former Reserve Bank deputy Guy Debelle.Mr Debelle’s resignation was said to be motivated by a desire to recover from injuries sustained in a bike accident.

His January 31 departure date means he will leave before Fiona Hick formally takes over as chief executive of Fortescue’s mining division.

 

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Lol “leaving to spend time with my family” Sure buddy

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