Better to have a clean break: Debelle
Guy Debelle says he ‘learned a hell of a lot’ from Andrew Forrest, but it was incompatible to keep working for Fortescue Future Industries.
Guy Debelle says he ‘learned a hell of a lot’ from Andrew Forrest, but it was incompatible to keep working for Fortescue Future Industries.
Fortescue Future Industries director Guy Debelle explains the reasons for his departure – the third senior loss from the Forrest camp this week.
PwC pay cuts amid ‘reputational challenges’. Billionaire Solomon Lew’s Myer top-up. Fortescue’s revolving door. Qantas trust issues weigh. Mayne continues to bleed.
Billionaire Andrew Forrest’s mining company has suffered another blow, with a wild number of senior executives leaving.
Fortescue executive chairman Andrew Forrest says chief executive Fiona Hick chose to step aside following differences of opinion over the company’s green transition.
The death toll from ‘lethal humidity’ would far exceed that of a future AI-led hot war, Andrew Forrest says.
A coup in Gabon has added to Andrew Forrest’s woeful week, throwing doubt over his company’s plans to expand its iron ore business in Africa.
Andrew Forrest did not directly address Monday’s unexpected exit of chief executive Fiona Hick, but said his address may provide clarity to his thousands of workers.
Harvest Road boss Paul Slaughter is the second CEO in two days to leave Andrew Forrest’s business empire, after Fortescue Metals chief Fiona Hick announced her departure on Monday.
It’s tough working for the billionaire man. It might get even tougher with a future China.
In the end, Fiona Hick spent more time weighing up whether to take the job of Fortescue chief executive than she did in the job itself.
For a company that always wanted to be taken seriously, Fortescue is facing a perpetual credibility crisis.
Billionaire Nicola Forrest is due a $50m payday from Fortescue Metals Group shares, the first dividend windfall since the announcement of her split with Andrew in July.
Fortescue Metals Group’s results have been overshadowed by the departure of yet another senior executive, with mining boss Fiona Hick quitting after less than six months in the job.
Twiggy arrived at Fortescue’s 20th anniversary party riding a massive dump truck and waving a giant flag before joining Jimmy Barnes on stage.
Andrew Forrest and Fortescue Metals Group have refused to cut a royalty deal with the Yindjibarndi people for more than a decade. That decision could cost the miner $1bn.
A private equity deal involving an acquisition of defence contractor Austal, backed by billionaire Andrew Forrest, looks unlikely following the company’s profit downgrade last month
And despite talk that supply across the market is rising, Fortescue Metals CEO Fiona Hick continues to see strong demand from China.
Andrew Forrest has embarked on a high-powered US trip, including spruiking his green hydrogen push, as he deals with the fallout from his multibillion-dollar split from wife Nicola.
Russian hackers claim they have breached the ASX-listed mining giant, capping another tumultuous week for the firm led by Andrew Forrest.
Original URL: https://www.theaustralian.com.au/topics/andrew-forrest/page/8