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The secret of Elizabeth Gaines’ success

The secret of Elizabeth Gaines’ success

The Fortescue chief says there’s a lot more to running a successful company than piggybacking on a rising share price based on the value of whatever the business is selling.

Fortescue Metals Group CEO Elizabeth Gaines is the 2020 The Australian Financial Review Business Person of the Year, alongside Commonwealth bank boss Matt Comyn. Philip Gostelow

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This time last year, Elizabeth Gaines was riding high after another strong year at Fortescue Metals Group. But despite her confidence FMG would continue to produce impressive results in 2020, she could never have predicted the extraordinary opportunities, as well as the challenges, of COVID-time.

She has managed both superbly – propelling her to be The Australian Financial Review Business Person of the Year along with CBA’s Matt Comyn.

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Jennifer Hewett
Jennifer HewettColumnistJennifer Hewett is the National Affairs columnist. She writes a daily column on politics, business and the economy. Connect with Jennifer on Twitter. Email Jennifer at jennifer.hewett@afr.com

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Original URL: https://www.afr.com/companies/mining/fortescue-s-fantastic-culture-central-to-gaines-success-20201214-p56nc8