Tattarang chief financial officer Bree Fraser is the third top executive to leave the Forrest empire following the departure of chief executive Andrew Hagger and chief operating officer Stephen Daly.
Tattarang chief financial officer Bree Fraser is the third top executive to leave the Forrest empire following the departure of chief executive Andrew Hagger and chief operating officer Stephen Daly.
Tattarang chief financial officer Bree Fraser is the third top executive to leave the Forrest empire following the departure of chief executive Andrew Hagger and chief operating officer Stephen Daly.
It’s understood Ms Fraser, who served as finance director and later chief financial officer at Tattarang and Minderoo for nearly eight years in total, will stay in her role until later this month.
Her replacement is yet to be named.
Ms Fraser is listed as a director at the group's health technology venture fund Tenmile and agribusiness division Harvest Road Group as well as Wyloo Metals, Z1Z and Western Force.
She also holds a directorship at property business Fiveight, which is led by new appointment Paige Walker, and Squadron Energy.
A spokesperson said Ms Fraser had been a key part of the Minderoo Foundation and Tattarang family.
“Bree’s commitment and leadership have helped drive Minderoo’s transformation into one of Australasia’s biggest philanthropic organisations and seen Tattarang become one of Australia's largest private investment groups,” they said.
“We wish Bree all the very best for the future.”
Ms Fraser started working for the Forrests in 2015.
Her departure comes some six months after Stephen Daly resigned as chief operating officer after a three-and-a-half-year stint in the Forrest family businesses.
Mr Daly joined the Forrest family's philanthropic and investment vehicle in 2019 after starting his career working for the likes of NAB and AMP in Sydney.
Andrew Hagger, with whom Mr Daly had worked at NAB, flagged his exit as Minderoo's chief executive in October 2022.
Chief investment officer John Hartman has stepped up as his replacement.
| Rank | Company | # | |
|---|---|---|---|
| 1st | - | Hancock Prospecting | $40.71b |
| 2nd | - | Tattarang | $32.10b |
| 3rd | - | Australian Capital Equity | $12.26b |
| 4th | - | AMB Holdings | $7.66b |
| 5th | - | Perdaman | $4.85b |
| Rank | Company | # | |
|---|---|---|---|
| 4th | - | Multiplex | $4.02b |
| 5th | - | Byrnecut | $3.10b |
| 6th | ![]() |
Tattarang | $3.00b |
| 7th | - | Swift Holdings Investments | $2.72b |
| 8th | ![]() |
Perron Group | $2.41b |