Andrew Forrest says given the scale of its green ambitions, Fortescue will inevitably lose senior executives but needs to “fail fast” and move on.
Fortescue executive chairman Andrew Forrest has hinted that the shock exit of the miner’s chief executive Fiona Hick was linked to them not seeing eye to eye on the company’s green road map.Fortescue executive chairman Andrew Forrest.
The billionaire also dismissed a suggestion that the exodus of executives who disagreed with the direction he wanted Fortescue to follow would lead to a lack of dissenting voices at the company. The rate of change delayed the release of the annual report with the full-year financial results on Monday. When it appeared later that morning, Otranto was prominent and Hick’s tenure had been reduced to a small statement.
On Wednesday, Forrest opened an Australian meeting of the Chinese-focussed Boao Forum focused on clean energy with a call for governments to enact tougher climate policies.
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