executive Fiona Hick as its chief executive officer, effective February 2023, as Elizabeth Gaines made way for a new boss in August.
Hick joins Fortescue at a time when the iron ore giant is delving into mining of critical minerals and rare-earths and is also striving to transition into a green energy firm through its unit Fortescue Future Industries . Hick spent more than two decades at Woodside, most recently as the executive vice-president of Australian operations, part of the team that led the company through its $40 billion merger with global miner BHP Group'sShe will lead Fortescue Metals' mining arm, culminating a year-long search by the company's billionaire-founder and chairman Andrew Forrest.
Last week, former Reserve Bank of Australia deputy governor Guy Debelle stepped down as the finance chief of FFI. Mark Hutchinson, a former president of General Electric'sReporting by Harshita Swaminathan and Savyata Mishra; Editing by Uttaresh.V and Sherry Jacob-Phillips