Elizabeth Gaines will stand down as the head of Australia's third largest iron ore miner, Fortescue Metals Group , as the company moves to reinvent itself as a vertically integrated green energy and resources group.
"The opportunity to continue to contribute to Fortescue and serve our shareholders is a unique privilege and I look forward to building on my nine years with Fortescue which, since 2013, has seen me serve as a non-executive director, chief financial officer and CEO.""Elizabeth is one of Australia's truly inspiring leaders," he said.
"Elizabeth's depth of character, leadership, global integrity and respect is appreciated by Fortescue's executives and fellow directors," Mr Forrest added.WatchSpeaking in August 2021 after a COVID scare at one of FMG’s mine sites, Elizabeth Gaines discussed the transition of the iron ore miner into green energy.FMG is moving away from being a pure play iron ore miner, to being a green energy provider.
"FFI is making enormous progress and will support the decarbonisation of Fortescue through the innovation and technological development of a green fleet and the supply of green energy," Mr Forrest said.
Bye
It's called greenwashing.
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