{"id":455352,"date":"2021-12-10T08:52:20","date_gmt":"2021-12-10T03:22:20","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=455352"},"modified":"2021-12-10T10:07:11","modified_gmt":"2021-12-10T04:37:11","slug":"australias-fortescue-ceo-to-step-down-as-miner-expands-green-energy-push","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/australias-fortescue-ceo-to-step-down-as-miner-expands-green-energy-push\/","title":{"rendered":"Australia&#8217;s Fortescue CEO to step down as miner expands green energy push"},"content":{"rendered":"<p>Fortescue Metals Group Ltd said on Friday Elizabeth Gaines will step down as chief executive as the miner extends its transition from a pure play iron ore producer to a green energy and resources firm.<\/p>\n<p>Gaines, who oversaw a tripling in the share price of the world&#8217;s fourth-biggest iron ore miner in the last four years, will remain on Fortescue&#8217;s board as a non-executive director and assist in the search for the new CEO. <\/p>\n<p>The move comes as Fortescue&#8217;s chairman and Australia&#8217;s richest man, Andrew Forrest, pushes to turn the company into the world&#8217;s biggest green energy group, with a focus on hydrogen at its green power arm, Fortescue Future Industries (FFI).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fortescue Metals Group Ltd said on Friday Elizabeth Gaines will step down as chief executive as the miner extends its transition from a pure play iron ore producer to a green energy and resources firm. Gaines, who oversaw a tripling in the share price of the world&#8217;s fourth-biggest iron ore miner in the last four years, will remain on Fortescue&#8217;s board as a non-executive director and assist in the search for the new CEO. The move comes as Fortescue&#8217;s chairman and Australia&#8217;s richest man, Andrew Forrest, pushes to turn the company into the world&#8217;s biggest green energy group, with a [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-455352","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/455352","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=455352"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/455352\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=455352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=455352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=455352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}