Corporate governance boffins may fume at Andrew Forrest assuming even more power at Fortescue. But it’s a more honest reflection of the way the company is run.
That’s probably unfair to Nev Power and Elizabeth Gaines, who delivered impressive results during their stints as the second and third chief executives of Australia’s third-biggest iron ore exporter.
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Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com
