Friday, 2 June, 2023 - 11:46
Fortescue Metals names new CFO
Andrew Forrest’s iron ore business has recruited US-based energy executive Christine Morris as its new chief financial officer.
Christine Morris is a chief financial officer with over 30 years of experience across the energy, media and telecom, manufacturing and technology sectors.
Ms Morris started as chief financial officer of Fortescue Metals in mid-2023 but resigned in August of that year. Prior to that, she has been the chief financial officer of Maersk Drilling in Copenhagen where she was responsible for finance and the global business services team, chief financial officer of oilfield services company BJ Services, and had spent seven years at Halliburton in various senior finance roles.
Ms Morris has also been a board member and audit committee chair for DOF ASA, a provider of integrated offshore services to the energy industry.
Rank | Company | # | |
---|---|---|---|
1st | - | Fortescue | $27.57bn |
3rd | ![]() |
South32 | $8.43bn |
4th | ![]() |
Mineral Resources | $5.75bn |
5th | ![]() |
Northern Star Resources | $4.93bn |
6th | ![]() |
Perseus Mining | $1.55bn |
Rank | Company | 1 Yr | 5 Yr |
---|---|---|---|
1075th | Po Valley Energy">Po Valley Energy | -17.35% | -4.1% |
1076th | DeSoto Resources">DeSoto Resources | -17.4% | 0% |
1077th | Fortescue">Fortescue | -17.44% | 29.19% |
1078th | BPH Global">BPH Global | -17.44% | 29.19% |
1079th | Alara Resources">Alara Resources | -17.5% | 10.61% |
![]() |
NEWS: Tagged in Big Pilbara party marked peak iron ore | 22 Sep 2023 |
![]() |
NEWS: Tagged in Forrest tests market’s faith | 01 Sep 2023 |
![]() |
NEWS: Tagged in Mark My Words September 1 2023 | 01 Sep 2023 |
![]() |
NEWS: Tagged in Debelle joins Fortescue exits | 01 Sep 2023 |
![]() |
NEWS: Tagged in Fortescue Metals CFO in shock exit | 31 Aug 2023 |
![]() |
NEWS: Tagged in Gaines returns to FMG exec role | 09 Jun 2023 |
![]() |
NEWS: Tagged in Appointments June 9, 2023 | 09 Jun 2023 |
![]() |
NEWS: Tagged in Fortescue Metals names new CFO | 08 Jun 2023 |
![]() |
NEW ROLE: Chief Financial Officer, Fortescue Metals, Fortescue | 07 Jun 2023 |
Andrew Forrest’s iron ore business has recruited US-based energy executive Christine Morris as its new chief financial officer.
Our weekly appointments wrap includes Edward Wray-Bliss, Walter Gomes, Raj Kandiah, John Palermo, Aurelien Scannella, Alan Dodge, Suzanne Ardagh, Christine Morris, Ian Wells, Chris Sutherland and Dale Alcock.
Elizabeth Gaines will be paid a $1.2 million salary after taking up a part-time executive director role at Fortescue Metals Group, while Jenn Morris has resigned from the company's board.
Fortescue Metals chief financial officer Christine Morris departs after less than three months in the role and days after the abrupt exit of chief executive Fiona Hick.
Guy Debelle has become the third person to resign from a senior role at Fortescue Metals Group in the space of a week, after CEO Fiona Hick and CFO Christine Morris.
In this podcast Mark Beyer and Mark Pownall discuss Fortescue's revolving door, Qantas, Perth house prices, renewable deal, Frank Wilson, Federal IR changes and the Dowerin Field Days.
ANALYSIS: This week’s departure of three senior people from Andrew Forrest’s Fortescue Metals Group highlights just how different the Perth company is from its ASX peers.
The main players are not investing heavily in their own industry, instead they are finding better opportunities.
Position | Company | Year | Company's current rank |
---|---|---|---|
Chief Financial Officer, Fortescue Metals
|
2023 - 2023 | 1 |