Shock: Fortescue Metals Group boss – mining giant Andrew ‘Twiggy’ Forrest – quits after just six months on the job
Fortescue Metals Group CEO Andrew “Twiggy” Forrest has left the mining giant after just six months.
Fiona Hick has made a “joint decision” with the company’s board of directors to leave the company, FMG said in a statement on Monday.
It comes after Forrest celebrated 20 years of the business on Saturday at a party attended by the country’s political and media elite in Pilbara, Western Australia’s northwest.
FMG insisted Ms Hick’s departure was “both friendly and reciprocal”.
“We warmly wish him the best for his future,” the company said in a statement. The Sydney Morning Herald.
“We thank Fiona for her valuable efforts since joining Fortescue just under six months ago and wish her all the best in her future endeavours.”
The departure of Ms Hicks, who took up the role less than six months after joining the company in February, follows a two-year period of turmoil during which several Fortescue executives left the company.
These include Chief Financial Officer Ian Wells and former Reserve Bank Deputy Governor Guy Debelle.
Ms. Hicks will be replaced by Chief Operating Officer Dino Otranto.