The Fortescue Metals Group boss, also known as Twiggy, additionally revealed the explanation behind the shock departure of CEO Fiona Hick simply six months into the job.
In an interview on the sidelines of a business summit to handle local weather change, the mining magnate was requested whether or not Hick left of her personal accord or if she was pushed out.
“Fiona was given a choice to make and she chose, so I’d say she wasn’t pushed,” Mr Forrest instructed 9News.
Her shock resignation was revealed 48 hours after FMG’s lavish 20-year bush bash at a mining camp — a celebration Hick attended.
“We have a full and very green agenda,” Mr Forrest stated, after addressing the Boao Forum for Asia in Perth.
“I think it’s going to be great for shareholders, it’s absolutely essential for the environment, and you either get with it or you don’t, it’s just as simple as that.”
The Fortescue boss would not be drawn on whether or not Hick was not aligned with that agenda.
“I’m not going to answer any further; you can come back 300 times you’ll get the same answer,” he stated.
Twiggy’s empire misplaced one other govt on Tuesday, with the listing of excessive profile exits rising as his core mining business provides clear power to the combination.
But he is not fearful by the departure of Hick, Guy Debelle, Felicity Gooding and Ian Wells.
“I said at the start in this transition 12 people would change in the C-suite at this company we’re nowhere near 12 yet, we are going to see further change if it’s required,” he instructed 9News.
“There’s no better-governed company in this country and there’s been no better performance by any company for total shareholder returns for decades.”
It’s been a yr of change for the mining magnate, dipping from second place within the AFR’s Rich List to thirteenth.
He was overtaken by his spouse when the pair introduced they have been splitting up — and splitting property.
“Nic and I are good mates, we speak all the time she’s a fantastic lady,” he instructed 9News.
“We made the call that it was better for everyone if we didn’t live right on top of each other but we still absolutely support each other.”
He gave reassurances to shareholders that the previous couple’s new association would not affect the business.
“Nic and I are lockstep on that — we are completely committed to Fortescue, to Tattarang, all the objectives of Mindaroo, we are completely united,” he stated.
Wednesday’s commerce discussion board on the Ritz attracted a variety of heavy hitters from throughout Asia.
Andrew warned attendees about local weather change and highlighted the doubtless deadly mixture of accelerating warmth and humidity.
Source: www.9news.com.au
