![](https://thecorporatemagazine.com/wp-content/uploads/2024/07/Navigating-the-Techno-Tide-300x169.png)
Navigating the Storm: The Art of Mindful Leadership in Corporate Seas
In the ever-evolving work landscape, where technological tides are reshaping the shores of employment, the question …
December 14, 2021: -On Friday, Fortescue Metals Group said Elizabeth Gaines would step aside as chief executive officer once her successor is found, as the miner moves from a pure-play iron ore producer to a diversified renewable energy and resources firm.
Gaines, leading the world’s fourth-biggest iron ore miner for the previous four years, will remain on Fortescue’s board as a non-executive director and assist in searching for the new CEO.
The move comes as Fortescue’s chairman and Australia’s rich man, Andrew Forrest, push to turn the company into the biggest green energy group, focusing on its green power arm, Fortescue Future Industries.
Forrest hailed Gaines, who has been with the company for nine years, as one of Australia’s “truly inspiring leaders.” The company said she had chosen to assist with selecting a new CEO with the complete support of the board.
It did not set a timeline for her transition.
Fortescue is enlisting management consulting and leadership firm Egon Zehnder to help identify its coming top boss and different leaders with “global experience across heavy industry, manufacturing, and renewable energy,” it said in a statement.
In October, Forrest set an ambitious target to produce 15 million tons a year of green hydrogen by 2030 that could be sold to customers in Asia as either green hydrogen or green ammonia, used for fertilizer.
The company has committed to spending up to 10% of its annual profit after tax on the green push and is counting on securing funding from other investors to advance its projects.
Its shares slipped as much as 1.8% in the trading, while the broader market was down 0.4%.
In the ever-evolving work landscape, where technological tides are reshaping the shores of employment, the question …
In the high-stakes game of corporate leadership, where every decision reverberates through the echelons ….
In the corporate landscape, where conformity often reigns supreme, what if I told you that rebels aren’t troublemakers but …
In the corporate landscape, where conformity often reigns supreme, what if I told you that rebels aren’t troublemakers but …
As the storm of the pandemic begins to subside, corporate leaders face a landscape that has forever changed. The question …
In the ever-evolving symphony of corporate dynamics, a new movement has emerged, reshaping the traditional …
In a recent transaction, Janney Montgomery Scott LLC, a financial services firm, purchased 7,125 shares of the iShares ESG Advanced …
A recent regulatory filing reveals that Envestnet Portfolio Solutions Inc. has decreased its holdings in the Invesco S&P 500 Equal …
Discover the number of choices of black british dating If you are looking for a dating site that caters particularly to black british singles, then
In the ever-evolving work landscape, where technological tides are reshaping the shores of employment, the question …
Leave us a message
Subscribe
Fill the form our team will contact you
Advertise with us
Fill the form our team will contact you