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Our Board and Leadership team

Board of Directors

Fortescue has a talented and diverse Board committed to enhancing and protecting the interests of shareholders and other stakeholders and fulfilling a strong governance role over the Company's affairs.

Dr Andrew Forrest AO

Executive Chairman

Dr Andrew Forrest AO is a global business and philanthropic leader dedicated to ending the use of fossil fuels, creating green energy solutions and tackling global challenges like modern slavery and oceanic destruction through overfishing and plastic pollution.

Dr Forrest is the Founder and Executive Chairman of Fortescue (US$60bn market cap). Through his public and private interests, he is the world’s largest developer of green hydrogen, the owner of Squadron Energy, Australia’s largest renewable energy company delivering 30 per cent of the Federal Government’s 82 per cent renewables target by 2030 and a major supplier of critical and strategic metals through Wyloo and Fortescue. 

Andrew’s other commercial interests reflect his dedication to the economic livelihood of all Australians across agriculture, aquaculture and manufacturing, including the return of iconic Australian brands, R.M.Williams and Akubra, to local ownership.

As the Founder and Chairman of Minderoo Foundation, one of Asia’s largest philanthropic organisations with an AU$9 billion endowment, Dr Forrest has publicly committed to giving away his wealth to philanthropy.

While Dr Forrest believes that some challenges can only be met through business – the philanthropy, Minderoo Foundation, that he established in 2001, through an endowment that now exceeds AU$9 billion, focuses on global challenges, such as climate change, ending plastic pollution, gender equality and returning our oceans to a healthy state.


Dr Forrest is a highly active supporter of Ukraine. In 2022, Dr Forrest committed US$500 million in funding to kickstart post-war reconstruction, with a focus on the development of green energy and digital infrastructure. Minderoo Foundation has also contributed US$8 million to the people of Ukraine, including funding Ukraine’s first humanitarian grain shipment in August 2022 and providing grain storage facilities to Ukrainian farming communities. 

He has a PhD in Marine Ecology, serves as an IUCN Patron of Nature and was appointed an Officer of the Order of Australia for distinguished service to philanthropy, mining, employment, and sustainable foreign investment. In 2016, he served as a Councillor of the Global Citizen Commission, which was charged by the UN to modernise the 1948 Universal Declaration of Human Rights.


In 2013, Dr Forrest was appointed by the Australian Government Department of the Prime Minister and Cabinet to lead the country’s response to tackling indigenous disparity, leading to the Forrest Review’s publication in 2014. Dr Forrest is also Co-Chair of the Australia-China Senior Business Leaders’ Forum and a Board Member for the Boao Forum.

Mark Barnaba AM CitWA

Deputy Chairman; Lead Independent Director; Non-Executive Director

Deputy Chairman since November 2017; Lead Independent Director since November 2014; Non-Executive Director since February 2010. Mr Barnaba is an Independent Director with a broad range of international experience in finance, commerce and natural resources.


He has extensive and particularly diverse experience at board level in both the for-profit and non-profit sectors. He is currently a member of the Board (and Chairman of the Audit Committee) of the Reserve Bank of Australia and the Deputy Chairman and Lead Independent Director at Fortescue. In 2015, Mr Barnaba was named a Member of the General Division of the Order of Australia for significant service to the investment banking and financial sector, to business education and to sporting and cultural organisations.

Mr Barnaba also chairs the Hospital Benefit Fund (HBF) Investment Committee. Mark is also a member of the Board of The Centre for Independent Studies. He has previously chaired several publicly listed Australian companies within the mining and infrastructure sectors along with chairing non-profits including the State Theatre Company of Western Australia and AFL club, the West Coast Eagles.

In his previous career, Mr Barnaba founded, led and sold two companies - GEM Consulting and Azure Capital (both independent corporate advisory firms which provide financial, corporate and strategic advice to public and private organisations in the Asia-Pacific region). He also held several senior executive roles at Macquarie Group (one being the Chairman and Global Head of the Natural Resources Group). He previously worked at McKinsey & Company in their London, Johannesburg and Sydney offices.

Mr Barnaba was the Inaugural Chairman of the University of Western Australia Business School Board from 2002 to 2020 and serves as an Adjunct Professor in Finance. He holds a Bachelor of Commerce (First Class Honours and University Medal) from the University of Western Australia, an MBA from Harvard Business School (Baker Scholar) and has an Honorary Doctor of Commerce from the University of Western Australia. He has lived in Australia, the United States, Italy, the United Kingdom and South Africa and is married with two children.

Committee Memberships:

Audit, Risk Management and Sustainability Committee (Chair), Nomination Committee (Member), Remuneration and People Committee (Member) and Finance Committee (Chair).

Elizabeth Gaines

Executive Director and Global Ambassador Fortescue

Former Chief Executive Officer/Managing Director from February 2018 to August 2022; Former Executive Director from February 2017 to August 2022 and July 2023 to current; Former Non-Executive Director from February 2013 to February 2017 and September 2022 to June 2023.

Ms Gaines led Fortescue as Chief Executive Officer and Managing Director from February 2018 to August 2022, after joining the Executive team as Chief Financial Officer in February 2017.

A highly experienced business leader, Ms Gaines has extensive international experience in all aspects of financial and commercial management.  Ms Gaines has significant experience in the resources sector and exposure to the impact of the growth in Asian economies, particularly China, on the Australian business environment and economy as well as a deep understanding of all aspects of financial and commercial management at a senior executive level in both listed and private companies.  Ms Gaines has extensive exposure to the drive to transition to green energy and has been a key driver of the goal to decarbonise Fortescue’s mining operations by 2030.

Elizabeth is a part time Executive Director and Global Ambassador for Fortescue. She is a Non-Executive Director and Deputy Chair of Greatland Gold PLC, a Non-Executive Director of the Victor Chang Cardiac Research Institute and a Non-Executive Director and Deputy Chair of the West Coast Eagles (AFL) Football Club.

Ms Gaines was ranked second in the 2019 Fortune Magazine’s Businessperson of the Year and in 2020 the Chamber of Minerals and Energy of Western Australia awarded her the ‘Women in Resources Champion’ at the annual Women in Resources Awards. In 2020, Ms Gaines was awarded Joint Australian Business Person of the Year by the Australian Financial Review.

Ms Gaines is a former Chief Executive Officer of Helloworld Limited and Heytesbury Pty Limited and has previously held Non-Executive Director roles with Nine Entertainment Co. Holdings Limited, NEXTDC Limited, Mantra Group Limited and ImpediMed Limited.

Ms Gaines holds a Bachelor of Commerce from Curtin University, a Master of Applied Finance from Macquarie University and an Honorary Doctorate of Commerce from Curtin University.  She is a Fellow of Chartered Accountants Australia and New Zealand, and a member of the Australian Institute of Company Directors and Chief Executive Women.

 

Lord Sebastian Coe CH, KBE

Non-Executive Director

Non-Executive Director since February 2018. Lord Coe is currently a Non-Executive Director of the Vitality Group of health and life insurance companies. In 2017, he became Chancellor of Loughborough University having previously served as Pro Chancellor of the University.


Based in Monaco, Lord Coe is the Non-Executive Chairman of CSM Sport and Entertainment, within the Chime Communications group as well as Non-Executive Director of Vitality Health Ltd and Allwyn Entertainment AG. He was elected President of the International Association of Athletics Federations in 2015 (now World Athletics) where he is driving significant governance reforms through the organisation and its 214 Member Federations around the world. He is currently serving his second term as President.  He was elected as a member of the International Olympic Committee in 2020, and became a director of the British Olympic Association at that time, having previously served as Chairman of the British Olympic Association from 2012 to 2016.

Lord Coe previously served as Chairman of the Organising Committee for the London 2012 Olympic Games and Paralympic Games. He was a member of the British athletics team at the 1980 and 1984 Olympic Games where he won two gold and two silver medals, as well as breaking twelve world records.

In 1992, Lord Coe became a Member of Parliament and during his political career served as a Government Whip and then Private Secretary to William Hague, Leader of the Opposition and Leader of the Conservative Party. He was appointed to The House of Lords in 2000 having resigned in 2022

Committee memberships:
Nomination Committee (Chair), Remuneration and People Committee (Member)

 

Dr Jean Baderschneider

Non-Executive Director

Non-Executive Director since January 2015. A highly regarded leader in both business and civil society, Dr Baderschneider brings 35 years of extensive international experience in procurement, strategic sourcing and supply chain management along with a deep understanding of high-risk operations and locations and complex partnerships.

Dr Baderschneider retired from ExxonMobil in 2013 where she was Vice-President of Global Procurement. During her 30-year career, she was responsible for operations all over the world, including Africa, South America, the Middle East and Asia.

A past member of the Board of Directors of the Institute for Supply Management and the Executive Board of the National Minority Supplier Development Council, Dr Baderschneider also served on the boards of The Center of Advanced Purchasing Studies and the Procurement Council of both The Conference Board and the Corporate Executive Board.

Dr Baderschneider is the President of the Board of Trustees of The President Lincoln's Cottage and a member of the Abraham Lincoln National Council of Ford's Theatre.  In addition, she is on the Board of Directors of the Nizami Ganjavi International Center, the Board of Directors of the McCain Institute and is a Commissioner on the United Nations and Liechtenstein's Financial Sector Commission on Modern Slavery. With over 15 years of experience working on anti-human trafficking efforts globally, she served on the Board of Directors of Polaris, Made in a Free World and Verite and is currently a Founding Board member and Chair of the Global Fund to End Modern Slavery.

Dr Baderschneider was a Presidential appointee to the US Department of Commerce's National Advisory Council on Minority Business Enterprises and is a past recipient of Cornell's Jerome Alpern Award and Nomi Network's Corporate Social Responsibility Award.  She holds a Masters Degree from the University of Michigan and a PhD from Cornell University.

Committee memberships:

Audit, Risk Management and Sustainability Committee (Member)

 

Penny Bingham-Hall

Non-Executive Director

Non-Executive Director since November 2016. Ms. Bingham-Hall has over 30 years’ experience in senior executive and non-executive roles in large ASX listed companies.

She is a Non-Executive Director of Dexus Property Group, Supply Nation and the Crescent Foundation. Ms. Bingham-Hall is also Chair of Vocus Group, Taronga Conservation Society Australia and the Advisory Committee of the Climate Governance Initiative Australia.

Ms. Bingham-Hall has worked in the construction, infrastructure, mining and property industries across Australia and the Asian region. She has a particular interest in environmental sustainability, workplace safety and indigenous employment. Prior to becoming a company director, Ms. Bingham-Hall was Executive General Manager, Strategy at Leighton Holdings (now CIMIC) - Australia’s largest construction, mining services and property group. As part of the leadership team at Leighton she had responsibilities across the group’s Australian and Asian operations.

She is a former director of BlueScope Steel Limited, Australia Post, Port Authority of NSW and Macquarie Specialised Asset Management. Ms Bingham-Hall was also chair of the NSW Freight and Logistics Advisory Council and Deputy Chair and Life Member of the Tourism & Transport Forum.

Ms. Bingham-Hall has a Bachelor of Arts degree in Industrial Design, is a Fellow of the Australian Institute of Company Directors, a Senior Fellow of the Financial Services Institute of Australasia and a member of Chief Executive Women and Corporate Women Directors.

Committee memberships:

Audit, Risk Management and Sustainability Committee (Member), Remuneration and People Committee (Chair)* and Finance Committee (Member)

 

Yifei Li

Non-Executive Director

Non-Executive Director since August 2022. Ms Yifei Li is the President of the QiBin Foundation and currently serves on the board of BlackRock China and is a Global Trustee of the Rockefeller Foundation.

Ms Li was an Independent Board member of GAVI (The Global Alliance for Vaccines and Immunisation) from 2012 to 2018 and was formerly the Country Chair for Man Group in China, one of the world’s largest hedge fund managers.

Before joining Man Group, Ms Li had over 18 years of senior management experience, having successfully led the expansion of several multinational companies in China, including Viacom, MTV networks and VivaKi of Publicis Group.

Ms Li has a Bachelor of Law degree from the Foreign Affairs College in Beijing and an M.A. in International Relations from Baylor University in the United States.

 

Dr Larry Marshall

Non-Executive Director

Non-Executive Director since August 2023. Dr Larry Marshall is Chair of AmCham – the American Chamber of Commerce, is on the Governing Council of ANU – Australian national University and on the Australian Government’s Circular Economy Ministerial Advisory Group, and on SITAG, the COVID Vaccines and Treatments Committee of the Federal Government.

He is the longest serving Chief Executive of CSIRO, and led a transformation which achieved the first growth in 30 years, doubling the value delivered to stakeholders, making CSIRO the first Australian entity to reach the Thompson Reuters Global Top 20 Innovators List.

Dr Marshall is a technology innovator, business leader, published author and a Male Champion of Change with a wealth of experience in creating new value and impact through innovation.  He has a PhD in Physics and has been honoured for both his business acumen as a Fellow of the Australian Institute of Company Directors, but also his Technology and Engineering acumen as a Federation Fellow, and Fellow of the Australian Institute of Physics (AIP) and Academy of Technological Sciences and Engineering (ATSE), and an inaugural Male Champion of Change STEM (science, technology, engineering and mathematics).

He has co-found and led six companies in Biotech, Telecom, Semi and Venture Capital.  He has 100 publications and conference papers, holds 20 patents and has served on 20 boards of high-tech companies operating in the United States, Australia and China.

Dr Marshall is the author of the 2023 book, Invention to Innovation: How Scientists Can Drive Our Economy, which charts a course for Australian business to disrupt their Market, defeat competition and accelerate economic growth by using science driven innovation.

Committee Memberships:

Audit, Risk Management and Sustainability Committee (Member)

Leadership team 

Fortescue’s team is accountable for the safety of our people, upholding the Company’s Values, acting with integrity and honesty, and leading the business to achieve our vision of becoming the safest, lowest cost, most profitable mining Company.

Dino Otranto

CHIEF EXECUTIVE OFFICER, FORTESCUE METALS

Dino has been Fortescue Metal’s CEO since August 2023. Prior to that, he was Fortescue’s Chief Operating Officer iron ore. With twenty years’ experience in the resources industry, spanning a range of commodities and operations across the globe, Dino brings significant operational, technical and financial expertise and a strong focus on safety, values and employee engagement.

Dino is leading Fortescue’s successful metals business through a period of rapid growth, including the implementation of large-scale decarbonisation technologies along with the development of a new mining operation in Gabon, Africa.

Prior to joining Fortescue, Dino held the role of COO at Vale Base Metals, leading their North American, European and Asian nickel and copper businesses, which encompasses a global network of underground and open pit mines, smelters, refineries, power stations, port and rail infrastructure.

Dino holds a Bachelor of Engineering (Chemical) and a Bachelor of Science (Chemistry) from Curtin University and a Graduate Diploma of Finance from the Financial Services Institute of Australasia.

Apple Paget

ACTING CHIEF FINANCIAL OFFICER, FORTESCUE METALS

Apple joined the Company in January 2023 as Group Manager Finance & Tax. She was appointed Acting Chief Financial Officer of Fortescue Metals in August 2023.

Apple is a finance executive with 25 years experience in the dynamic landscape of multinational resource companies spanning across finance, tax, treasury, commercial, business evaluation and acquisitions and divestments.

She has been involved in transformative offshore renewable wind and green hydrogen projects and has a strong interest in sustainability and forging pathways towards a greener, more resilient future.

Prior to joining Fortescue, Apple was a key member of TotalEnergies Australia’s Leadership and Management teams.

She is a qualified Charted Accountant (CA), a member of the Institute of Chartered Accountants Australia & New Zealand and a Chartered Tax Adviser (CTA) with The Tax Institute.

Mark Hutchinson

Chief Executive Officer, Fortescue Energy

Mark Hutchinson commenced with Fortescue Energy in July 2022 and became Global Chief Executive Officer (CEO) in August 2022, reporting directly to the Executive Chairman and Fortescue Board.

Mark’s focus as CEO is to drive growth in Fortescue Energy, Fortescue’s green hydrogen and green technology business.  In 2023, the team is aiming to accelerate five green hydrogen projects to Final Investment Decision, with a focus on Norway, the USA, Brazil and Australia. 

 

Mark brings extensive business and leadership experience at a senior executive level, having held various roles at GE over a 25 year career, the two most recent as President and Chief Executive Officer China and Europe. In these roles Mark led the efforts to strengthen GE’s operations across China and Europe and developed and executed a shared growth strategy for all the GE businesses which helped to drive significant growth, year on year.  He also led the integration of Alstom’s power and grid businesses into GE following its €12.35 billion acquisition. 

 

A highly experienced international business leader with a passion for Environmental, Social and Governance (ESG), Mark sits on the Board of Alpha International and has previously held a Board position at World Wide Generation Limited, and Non-Executive Director roles at Bluescope Steel Limited, Mission Australia, Allianz Australia Insurance Limited and Alpha Australia.  

 

Mark holds an honorary Doctor of Business from the University of Queensland, where he is the primary sponsor of the Ethics Chair.  

Shelley Robertson

Chief Corporate Officer

Shelley Robertson joined Fortescue in October 2023. She is an experienced executive with a successful career spanning 30 years in oil and gas, mining and renewable energy.

Shelley is known for delivering effective, inclusive leadership that drives results-oriented business transformation. Before joining Fortescue, Shelley was Executive General Manager – Energy at Mineral Resources, where she was responsible for the strategic oversight of the oil and gas exploration and development portfolio, and for providing oversight of energy solutions for existing mining operations and new projects. Prior to this, Shelley was Chief Executive Officer of Norwest Energy, an ASX-listed oil and gas exploration company. Shelley has postgraduate qualifications in business and engineering and is a graduate of the Australian Institute of Company Directors.