Fortescue’s departing finance boss wants ‘time with family’

Philippines News News

Fortescue’s departing finance boss wants ‘time with family’
Philippines Latest News,Philippines Headlines
  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 90%

Fortescue’s departing finance boss Ian Wells has broken his silence saying he is confident the company will deliver on its decarbonisation agenda

Departing Fortescue Metals chief financial officer Ian Wells says the company is well-placed to deliver on its push into clean energy and he plans to spend time with family after heThe comments are Mr Wells first since his shock resignation on Monday, which will see him serve a notice period of just three weeks and not participate in Fortescue’s half year financial results in February.

“Fortescue is in a strong position to be able to deliver on short-, medium- and long-term growth options through the Iron Bridge Magnetite project, Fortescue’s decarbonisation, and FFI’s portfolio of opportunities.”Mr Wells did not elaborate on the reasons for his departure, which came less than seven weeks after, former Reserve Bank deputy Guy Debelle.Mr Debelle’s resignation was said to be motivated by a desire to recover from injuries sustained in a bike accident.

His January 31 departure date means he will leave before Fiona Hick formally takes over as chief executive of Fortescue’s mining division.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FinancialReview /  🏆 2. in AU

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘Not our lived experience’: Tunbridge Wells leaders rubbish Sunak levelling up boast‘Not our lived experience’: Tunbridge Wells leaders rubbish Sunak levelling up boastExclusive: Council says only one competitive bid for central government money has been successful in six years
Read more »

Fortescue executive exodus deepensFortescue executive exodus deepensFortescue chief financial officer Ian Wells has joined Guy Debelle in making a quick exit and won’t deliver next month’s financial results amid a major exodus.
Read more »

‘A race against time’: how shipwrecks hold clues to humanity’s future‘A race against time’: how shipwrecks hold clues to humanity’s futureNew revelations about the 3m vessels scattered across the ocean floor, from Titanic to Shackleton’s Endurance to the slave ship Clotilda, are not only rewriting our history but could determine our survival
Read more »

The time for world leaders to ‘condemn’ Iran’s ‘grotesque violence’ has passedThe time for world leaders to ‘condemn’ Iran’s ‘grotesque violence’ has passedThe National Union for Democracy in Iran's Cameron Khansarinia says the time for world leaders to 'condemn' the Islamic Republic's use of 'grotesque violence' against the Iranian people has 'passed'. 'The Islamic Republic, after weeks and months of condemnation, is sort of now brushing it off,' Mr Khansarinia told Sky News Australia. 'Things that can actually be done are actually quite tangible. 'For example, the Australian government can withdraw its ambassador from Tehran, it can send back the Islamic Republic's ambassadors to Tehran, other Western powers, European countries, in particular, should do the same; the Islamic Revolutionary Guard Corps (the IRGC) should be placed on the terrorist list. 'In addition to a policy of maximum pressure on this regime, global powers can begin a policy of maximum support for the Iranian people.'
Read more »



Render Time: 2025-04-03 19:38:59