Fortescue makes changes to board
PERTH (miningweekly.com) – Iron-ore miner Fortescue Metals has announced the resignation of nonexecutive director Jennifer Morris, effective from the end of June.
Fortescue nonexecutive director Penny Bingham-Hall will replace Morris as chair of the remuneration and people committee, effective from July 1.
Meanwhile, former CEO Elizabeth Gaines will transition into a new role as an executive director, also effective from July 1.
Gaines returned to her position as a nonexecutive director and became a global ambassador for Fortescue in August 2022. The global ambassador role, which is in addition to her position as a director of Fortescue, has required significantly more time and commitment than was originally anticipated and to recognise and secure Gaines’ commitment to Fortescue, consistent with good corporate governance, Gaines will remain on the board as a director and will transition into a part-time executive director role reporting directly to the executive chairperson.
Fortescue and Gaines have entered into an employment agreement in respect of her new role as executive director.
“Over the past decade since joining Fortescue, I have been honoured to serve in various roles including nonexecutive director, CFO, CEO and global ambassador. I look forward to continuing to work with the executive chairman and the talented team across the business as we lead industry to decarbonise the mining operations and transition Fortescue to a global green energy and resources company,” Gaines said on Friday.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...
VISIT SHOWROOM
Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
