Elizabeth Gaines, CEO (Exec Team)
Ms Gaines has led Fortescue Metals Group Ltd as Chief Executive Officer and Executive Director since February 2018 after joining the Executive Team as Chief Financial Officer in February 2017 and serving on the Fortescue Board as a Non-Executive Director since 2013.
Correspondingly, Who is the CEO of FMG? Growing up in Western Australia’s remote Kimberley has left its mark on how Fortescue boss Elizabeth Gaines sees the world and runs the company. She originally joined FMG as a board member in 2013, before taking on the chief financial officer role in 2017 and became chief executive officer in 2018.
Is Fortescue Australian owned? Established in 2003, Fortescue Metals Group Ltd (Fortescue) is a proud West Australian company, recognised for our culture, innovation and industry-leading development of infrastructure and mining assets.
Furthermore, Does Andrew Forrest own FMG?
In 2003, he took control of Allied Mining and Processing and renamed it Fortescue Metals Group. He is still a major shareholder of FMG, through his private company, The Metal Group.
Why is Andrew Forrest a Dr?
Dr Forrest has a PhD in Marine Ecology from the University of Western Australia, and serves as an IUCN Patron of Nature, a World Economic Forum Friend of Ocean Action, and a member of the United Nations Environment Program’s Scientific Advisory Committee on the Assessment on Marine Litter and Microplastics.
What company does Twiggy Forrest own? Tattarang is the holding company for the Forrest family’s private business interests. Tattarang is one of Australia’s largest private investment groups and is owned by the Forrest family. Our investment portfolio spans across agri-food, energy, resources, property, and lifestyle.
What companies does Andrew Forrest own? Forrest started his first mining company, Anaconda Nickel (now called Minara Resources), in 1994. Nine years later, he founded Fortescue Metals Group, which mines and ships iron ore to China.
Is Fortescue a public company? Fortescue Metals Group Limited is a locally owned public company, that derives its revenue from the exploration, development, production, processing, and sale of iron ore.
Is Fortescue ethical?
We are fully compliant with the prevailing tax laws of all jurisdictions in which we operate and are classified as a compliant and low risk taxpayer by all revenue authorities.
Why is Andrew Forrest Twiggy? Andrew “Twiggy” Forrest said he got his famous moniker at the age of nine, shortly after starting boarding school in Perth. “I was always a skinny little kid, and it was quickly pronounced I was way too skinny to be a forest, even a tree, in fact I was only skinny enough to be a twig.
How did Andrew Forrest make his money?
The majority of Forrest’s fortune is derived from a 36.7% stake in Fortescue Metals Group. He owns the shares through Minderoo Group, Forrest Family Investments and directly, according to its annual report for the year to June 30, 2021.
Who owns Minderoo foundation? Andrew and Nicola Forrest founded Minderoo Foundation in 2001, and continue to drive its philanthropic mission today.
Is Andrew Forrest related to John?
Andrew’s father (Donald), grandfather (Mervyn), and great-grandfather (David) managed Minderoo Station founded in 1878 by David, Alexander and John. This was owned by Forrest family till 1998 when Donald sold it but in 2009, Andrew bought it back.
Is Fortescue a multinational company?
What does Fortescue Metals Group Limited do? Fortescue Metals Group Limited is a locally owned public company, that derives its revenue from the exploration, development, production, processing, and sale of iron ore.
What businesses does Andrew Forrest own? A private investment group owned by Fortescue Metals chairman Andrew Forrest has purchased a 6.61 per cent stake in Bega Cheese, making him a substantial investor in the dairy company.
What ASX companies does Andrew Forrest own? Aside from founding and chairing Fortescue Metals, its green energy leg Fortescue Future Industries (FFI), and philanthropic organisation Minderoo Foundation, the billionaire continued to invest through private vehicle Tattarang.
Who owns Minderoo Foundation?
Andrew and Nicola Forrest founded Minderoo Foundation in 2001, and continue to drive its philanthropic mission today.
How much of Fortescue does Andrew Forrest own? Dr Andrew Forrest AO is Chairman of Fortescue Metals Group, a global leader in the iron ore industry, which he founded in 2003. Tattarang holds a 36 per cent shareholding in Fortescue Metals Group. Dr Forrest is Chairman of Minderoo Foundation and Nicola Forrest AO is the Co-chair.
Where did Andrew Forrest get his money?
The majority of Forrest’s fortune is derived from a 36.7% stake in Fortescue Metals Group. He owns the shares through Minderoo Group, Forrest Family Investments and directly, according to its annual report for the year to June 30, 2021.
What industry is Fortescue Metals? Fortescue Metals Group (often referred to as FMG) is an Australian iron ore company . As of 2017, Fortescue is the fourth-largest iron ore producer in the world.
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Fortescue Metals Group.
| Ore-processing facility, Christmas Creek Mine, Pilbara | |
|---|---|
| ISIN | AU000000FMG4 |
| Industry | Metals and mining |
| Founded | 2003 |
| Headquarters | Perth, Western Australia |
Who owns Minderoo Group Pty Ltd?
Our history. Andrew and Nicola Forrest founded Minderoo Foundation in 2001, and continue to drive its philanthropic mission today. Andrew remains Chairman of Fortescue Metals Group, the publicly listed company he founded in 2003, which is one of the world’s main suppliers of iron ore.
Is Fortescue global? Fortescue products are sold to a global customer base, with the majority of tonnes sold to long-term customers in China.