Fortescue CFO Leaves Miner Just Days After CEO Resigns

Fortescue CFO Leaves Miner Just Days After CEO Resigns

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Business

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The transcript discusses significant leadership changes at Fortescue, including the departure of the CFO Christine Morris and CEO Fiona Hick. Andrew Forrest addresses the lack of explanation for these changes and hints at more potential upheaval in the C-Suite. Fortescue is heavily investing in its green energy arm, with a projected spending of 1.2 billion. However, the frequent turnover of 11 executives in three years raises concerns about stability, with some describing it as a 'revolving door'.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was surprising about Christine Morris's tenure as CFO?

She was promoted to CEO.

She moved to a different company.

She left after only three months.

She was the longest-serving CFO.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did Andrew Forrest suggest about Fortescue Metals' future?

The CEO will return to her position.

The company will focus solely on mining.

There might be more changes in the C-Suite.

The company will stop investing in green energy.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Fortescue Metals investing heavily in?

Technology startups

Real estate development

Green energy initiatives

Traditional mining operations

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many executives have left Fortescue's C-Suite over the past three years?

11 executives

8 executives

15 executives

5 executives

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What term is used to describe the frequent changes in Fortescue's C-Suite?

A predictable pattern

A revolving door

A stable environment

A consistent leadership