Fortescue appoints new board members
PERTH (miningweekly.com) - Iron-ore major Fortescue Metals has appointed its first female board member, announcing on Friday that Elizabeth Gaines would join the board as a nonexecutive director.
The company has also appointed its director of development Peter Meurs as an executive director to the board.
Gaines is COO and CFO and an executive director of The Jetset Travelworld Group. She was also previously the CFO of the Stella group, chief finance and operations director of Entertainment Rights and CEO of Heytesbury.
Chairperson Andrew Forrest said on Friday that Gaines was an “outstanding” addition to the Fortescue board.
“Fortescue will soon be a very large company. Already its annual royalties and taxes, balance sheet provisions to rehabilitate the beautiful environments in which it works, and its commitment to indigenous business, will each go over a billion dollars,” Forrest said.
He noted that Gaines added extensive international experience to the board, in all aspects of financial and commercial management.
Meanwhile, Forrest also expressed his delight at Meurs agreeing to become a member of the board.
“Meurs has an intimate understanding of Fortescue’s opportunities and challenges, combined with a proven ability to take this knowledge and create immense value for the company and its shareholders,” Forrest said.
Meurs’ current responsibilities in the company span from exploration through studies and project development, to delivery of major capital expansion projects, including the delivery of the current 155-million-ton-a-year expansion.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...
VISIT SHOWROOM
As one of South Africa's leading manufacturers, Bell Equipment distributes and exports its wide range of heavy equipment globally to mining,...
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
