Fortescue CEO in shock exit after less than six months on the job

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Fortescue CEO in shock exit after less than six months on the job
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Fiona Hick has become the latest top executive to leave Andrew “Twiggy” Forrest’s $64 billion company.

Top mining executive Fiona Hick has lasted just under six months as CEO of magnate Andrew “Twiggy” Forrest’s $64 billion Fortescue Metals Group before exiting in a shock announcement made by the company on Monday morning.

Hick took over from Elizabeth Gaines who stepped down from the chief executive role in August last year.“The departure of Fiona has been both friendly and mutual and we warmly wish her the best for her future,” the company said in statement. Hick, who had proven operational experience in highly complex energy and mining projects at both Woodside and Rio Tinto before being lured to run Fortescue, started in the role in February. HickThe latest shock reshuffle follows a two-year period of turmoil where multiple Fortescue executives have left the company, including chief financial officer Ian Wells and former Reserve Bank deputy governor Guy Debelle.

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