Board and Leadership team
Board of Directors
Fortescue has a highly experienced and diverse Board committed to setting the Company’s strategic direction, enhancing and protecting the interests of shareholders and other stakeholders and fulfilling a strong governance role over Company affairs.

Dr Andrew Forrest AO
Executive Chairman and Founder of Fortescue, Founder of Minderoo Foundation and Tattarang
Dr Andrew Forrest AO is an entrepreneur, scientist and business leader committed to ending fossil fuel use, accelerating green energy, and addressing humanity’s most pressing challenges with data and science-driven solutions.
In 2003, Dr Forrest founded Fortescue, growing it from a small exploration company into one of the world’s leading miners and infrastructure operators, and Australia’s most successful company for shareholder returns.
The scale and success of Fortescue provided the platform for Dr Forrest to establish Minderoo Foundation, now Australia’s largest philanthropy, and Tattarang, one of the country’s largest private investment groups.
Minderoo Foundation is underpinned by a $9 billion endowment, and over the past two decades, has invested in world-leading research and advocacy programs across global challenges including climate and ocean science, humanitarian relief, and the safe governance of emerging technologies.
Through Tattarang, Dr Forrest invests in sectors critical to national resilience and long-term prosperity. These include renewable energy, battery metals, high-performance shipbuilding, iconic Australian brands, medical technology, agri-food, and property. The group is guided by the principle: using capital as a force for good.
Dr Forrest holds a PhD in Marine Ecology and was appointed an Officer of the Order of Australia for his distinguished service to philanthropy, mining, employment, and sustainable foreign investment.
Dr Forrest is a board member of Harvard’s Salata Institute Advisory Board (SIAB), a member of the Giving Pledge and the Council on Foreign Relations Global Board of Advisors. In 2025, he was named one of TIME's 100 Most Influential People in the world.
Mark Barnaba AM CitWA
Deputy Chairman, Non-Executive Director
Mr Barnaba is Deputy Chairman and Chairman of the Audit, Finance and Risk Management Committee¹ at Fortescue Ltd (ASX:FMG). He is Chairman of Greatland Resources Limited (LSE:GGP; ASX:GGP) and is also Chairman of Airtrunk. Mark is co-Chair of the University of Western Australia Business School Board.
Mr Barnaba brings a wealth of international experience as an entrepreneur, corporate advisor and independent director for organisations across the finance, technology, infrastructure, natural resources, sports administration and education sectors. He has extensive and particularly diverse experience at board level in both the for-profit and non-profit sectors.
Mr Barnaba was previously on the Board of Australia’s central bank, the Reserve Bank of Australia (RBA), for two terms, and is a former Chairman of the Audit Committee of the RBA. He has previously chaired several publicly listed Australian companies within the mining and infrastructure sectors along with chairing non-profit organisations and was a former Chairman of the State Theatre Company of Western Australia, the West Coast Eagles (AFL team) and Williams Advanced Engineering (UK based offshoot of the Williams F1 team).
In 2009, Mr Barnaba was the recipient of the WA Citizen of the Year Award in Industry and Commerce and in 2015 was named a Member of the General Division of the Order of Australia (AM) for significant service to the investment banking and financial sector, to business education and to sporting and cultural organisations.
In his executive 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 (including as 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 currently 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 (High Distinction; 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, Finance and Risk Management Committee (Chair)
Dr Larry Marshall
Non-Executive Director and Lead Independent Director
Dr Marshall currently serves on the boards of Fortescue Ltd, Nanosonics Limited, and Great Barrier Reef Foundation and is the Chancellor (Interim) of the Australian National University and also serves on the advisory board of Infleqtion, Inc (NYSE: INFQ).
He formerly chaired the American Chamber of Commerce, and is the longest serving Chief Executive of CSIRO, and led a transformation which achieved the first growth in 30 years, doubled the value delivered to stakeholders, and made CSIRO the first Australian entity to be Thompson Reuters rated in the Global Top 20 Innovators.
Dr Marshall worked in the United States for 26 years, was Chief Executive of six companies in Biotech, Telecom, Semi, & Venture Capital, and delivered three successful IPOs. 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, and his Technology and Engineering acumen as a Federation Fellow, and Fellow of Australian Institute of Physics and the Australian Academy of Technological Sciences and Engineering; and an inaugural Male Champion of Change for science, technology, engineering and mathematics (STEM).
He is the author of the 2023 book, Invention to Innovation: How Scientists Can Drive Our Economy. 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.
Committee memberships:
Audit, Finance and Risk Management Committee (Member)
Dr Jean Baderschneider
Non-Executive Director
A highly regarded leader in both business and civil society, Dr Baderschneider brings over 35 years of extensive international experience in supply chain operations and procurement, strategic sourcing and logistics management, along with a deep understanding of high-risk operations and locations and complex partnerships. She also has global experience in safety, security and environmental operations and sustainability stewardship.
Dr Baderschneider retired from ExxonMobil in 2013 where she was Vice-President of Global Procurement. During her 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 has served as a member of the International Advisory Committee to the 2024 Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change (UNFCCC). She is currently serving on the COP31 “Advisory Group for On the Road to Antalya” and as a member of the Zero Waste Foundation Advisory Group supporting the COP31 High Level Champion. Dr Baderschneider is also the President of the Board of Trustees of The President Lincoln’s Cottage and a member of the Abraham Lincoln National Council of Ford 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 Financial Sector Commission on Modern Slavery. With nearly 20 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 Verité and is 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 National Advisory Council on Minority Business Enterprises and is a past recipient of Cornell’s Jerome Alpern Award and Nomi Network Corporate Social Responsibility Award. She holds a Masters Degree from the University of Michigan and a PhD from Cornell University.
Committee memberships:
Safety and Sustainability Committee (Chair)
Audit, Finance and Risk Management Committee (Member)
Penny Bingham-Hall
Non-Executive Director
Ms Bingham-Hall has over 30 years’ experience in senior executive and non-executive roles in large ASX-listed companies. She is Co-Chair of Supply Nation and is also the Deputy Chair of both the Advisory Council of the Climate Governance Initiative, Australia and the Salaam Foundation.
Ms Bingham-Hall has worked in the construction, infrastructure, mining and property industries across Australia and Asia. 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 chair and director of Vocus Group and former director of Dexus Property Group, BlueScope Steel Limited, Australia Post, Port Authority of NSW and Macquarie Specialised Asset Management. Ms Bingham-Hall was also Chair of Taronga Conservation Society Australia, the NSW Freight and Logistics Advisory Council, the inaugural Chair of Advocacy Services Australia, Deputy Chair and Life Member of the Tourism & Transport Forum and a director of Infrastructure Partnerships Australia, SCEGGS Darlinghurst Limited and the Global Foundation.
Ms Bingham-Hall has a Bachelor of Arts in Industrial Design, is a Fellow of the Australian Institute of Company Directors, a Fellow of the Chartered Institute for Securities & Investment and a member of Chief Executive Women.
Committee memberships:
People, Remuneration and Nomination Committee (Chair)
Lord Sebastian Coe CH, KBE
Non-Executive Director
Based in Monaco, Lord Coe is the Non-Executive Vice Chairman of THE·TEAM, formerly known as Wasserman. Lord Coe currently serves as Non-Executive Director of 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. Lord Coe is currently serving his third and final 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 12 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.
In 2017, he became Chancellor of Loughborough University having previously served as Pro Chancellor of the University.
Committee memberships:
People, Remuneration and Nomination Committee (Member)
Yifei Li
Non-Executive Director
Ms Li is the President of the Li Qibin Foundation and currently serves on the board of BlackRock China.
Ms Li was a Global Trustee of the Rockefeller Foundation and was an Independent Board member of GAVI (The Global Alliance for Vaccines and Immunisation) from 2011 to 2018. She 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 Burson-Marsteller, Viacom and its MTV Networks, Nickelodeon Networks and VivaKi of Publicis Group.
Ms Li has a Bachelor of Law from the Foreign Affairs College in Beijing and an MA in International Relations from Baylor University in the United States.
Committee memberships:
Safety and Sustainability Committee (Member)
Noel Pearson
Non-Executive Director
Mr Pearson comes from the Guugu Yimithirr community of Hope Vale, on south eastern Cape York Peninsula.
Mr Pearson is an Australian Indigenous leader and advocate. For over 30 years Mr Pearson has pursued land rights and socioeconomic development outcomes for Cape York.
Mr Pearson co-founded the Cape York Land Council and negotiated with the Keating government with respect to the Native Title Act 1993 after the High Court’s landmark Mabo decision.
He is the Founder of Cape York Partnership - a nonprofit Indigenous organisation working in the areas of policy, empowerment, health, language and culture; and Good to Great Schools Australia - which aims to lift education outcomes for Australian students.
Mr Pearson served as a member of the Expert Panel on Constitutional Recognition of Indigenous Australians and the Referendum Council and continues to advocate for structural reforms to empower Indigenous people.
Mr Pearson holds a degree in History and Law from Sydney University.
Committee memberships:
Safety and Sustainability Committee (Member)
Usha Rao-Monari
Non-Executive Director
Ms Rao-Monari is a senior infrastructure investment professional with over 30 years of experience leading investment platforms and departments within asset investment and management organisations.
She has held various leadership positions such as Under-Secretary General, United Nations, Senior Advisor to Blackstone Infrastructure Partners, Chief Executive Officer of Global Water Development Partners, and Director at the International Finance Corporation.
Ms Rao-Monari currently serves as the Chair of the Voluntary Carbon Markets Integrity Initiative, Chair of HMKLIII JET Limited, Member of the Audit and Advisory Committee of UNOPS, Member of the International Advisory Panel on Carbon Credits, Singapore, and Member of the Advisory Committee for the New Economy Unit of EY. She also was Member of the Environmental Steering Committee for NEOM, Saudi Arabia and Commissioner of Global Commission on the Economics of Water, Netherlands.
Ms Rao-Monari has also been involved in several global initiatives and partnerships on water resources, clean energy, resource efficiency and environmental issues such as the 2030 Water Resources Group, the World Economic Forum Global Agenda and Future Councils and the CDP North America where she facilitated dialogue, innovation and solutions among public, private and civil society actors.
She has a Masters in International Affairs and Finance from Columbia University, a Masters in Management Studies from Jamnalal Bajaj Institute of Management, and a BA Honours Economics from Delhi University, and has completed the Program for Management Development at Harvard Business School.
Committee memberships:
Audit, Finance and Risk Management Committee (Member)
Noel Quinn
Non-Executive Director
Mr Quinn brings over 37 years' experience in finance and corporate banking following his career with HSBC and its predecessor organisations.
He began his career in 1987 with Forward Trust Group, the leasing subsidiary of Midland Bank (now HSBC UK), and built much of his career in corporate and commercial banking. He held a number of senior leadership roles with HSBC across the UK and Asia, including Regional Head of Commercial Banking for Asia-Pacific and Chief Executive of Global Commercial Banking, before becoming Group CEO in 2019.
Throughout his career, Mr Quinn has led businesses through periods of significant change, including the years following the Global Financial Crisis, and has been recognised for his focus on customers, sustainable growth and long-term value creation.
Alongside his banking career, Mr Quinn has been actively involved in a number of global sustainability and investment initiatives, including the Sustainable Markets Initiative, founded by His Majesty King Charles III, and the World Bank's Private Sector Investment Lab. He is also the Chair of Julius Baer, the Swiss-based international private banking group.
Mr Quinn is a chartered accountant and brings extensive international leadership experience, a deep understanding of global markets and a strong commitment to sustainable business practices.
Committee Memberships
Audit, Finance and Risk Management Committee (Member)
Yasmin Broughton
Non-Executive Director
Ms Broughton is an experienced non-executive director and corporate lawyer with more than 25 years advising, leading and governing ASX-listed and large private companies across the mining, energy and natural resources sectors. She brings expertise in mergers and acquisitions, major strategic transactions, governance, risk management, regulation and stakeholder engagement, together with extensive board oversight of complex, capital-intensive businesses operating in highly regulated environments.
Ms Broughton is also a Non-Executive Director of Greatland Resources Limited, where she chairs the Remuneration and Nomination Committee. She previously held the roles of General Counsel and Company Secretary of Alinta Limited, then one of Australia's largest listed integrated energy companies with electricity generation, gas infrastructure and retail operations across Australia, and Deputy Chair of Synergy, Western Australia's largest electricity generator and retailer, serving more than one million customers. As Executive Chair of VOC Group, she led the sale of the company's 25 per cent interest in the Rhodes Ridge Iron Ore Project to Mitsui in a transaction that established the highest valuation paid globally for a pre-construction mining asset. Her background across mining, energy and major strategic transactions provides valuable expertise in strategic transactions, governance, capital allocation and the opportunities and challenges arising from the global energy transition.
She holds a Bachelor of Commerce with double majors in Corporate Law and Management, a Postgraduate degree in Law and is a Fellow of the Australian Institute of Company Directors.
Committee memberships:
People, Remuneration and Nomination Committee (Member)
Sigrid A.M. Kaag
Non Executive Director
Ms Kaag is a Non-Executive Director at Fortescue Ltd (ASX: FMG). She brings extensive international experience across risk, international affairs, governance, trade, finance, and climate-related investments, institutional leadership and international policy, developed over more than 35 years in senior government, United Nations and major multilateral institutional roles.
She has served as First Deputy Prime Minister and Minister of Finance of the Kingdom of the Netherlands, with responsibility for a national budget exceeding €300 billion and regulated governance of more than 40 state-participated enterprises, including strategic assets across banking, aviation, rail, transport and infrastructure. She represented the Netherlands at the International Monetary Fund, the World Bank, and other international financial institutions, contributing to sovereign financial oversight, debt relief, macroeconomic stabilisation, capital allocation, and international policy.
Ms Kaag also served as Minister for Foreign Affairs and Minister for Foreign Trade and Development Cooperation, leading international trade, investment, regulatory and political engagement across Europe, the Middle East, Africa, Asia, and the US.
She has held several senior United Nations leadership roles, at the level of Under-Secretary General, in different crisis and risk settings in the Middle East, including Syria, Lebanon as well as most recently in Gaza.
Ms Kaag co-chaired the Coalition of Finance Ministers for Climate Action, a platform of more than 60 countries and partners focused on climate finance, green bonds, debt-related innovation and the integration of climate considerations into fiscal and financial policy. She also chaired Finance and Sustainability tracks at the World Economic Forum, convening business, government and civil society leaders on sustainable finance, growth and regulatory reform.
She currently serves as Co-Chair of the Board of Directors of the UN Foundation, Global Chair of Education Cannot Wait, Independent Board Member of the European Investment Bank Global Advisory Board, and Independent Member of the UN Security Council established Gaza Executive Board. She is also an Associate Professor on International Negotiations and Governance at the Paris School of International Affairs, Sciences Po.
Ms Kaag holds an M.Phil. in International Relations from the University of Oxford, an M.A. in Middle Eastern Studies from the University of Exeter, a B.A. in Middle Eastern Studies from the American University in Cairo, and an Honorary Doctorate from the University of Exeter. She fluent in Dutch, English, Arabic, French, German and Spanish.
Leadership Team
Fortescue’s leadership team is responsible for overseeing the Company’s strategic direction and performance. They are accountable for the safety of its people, upholding Company Values, acting with integrity, and leading the business to achieve its vision of a thriving, decarbonised world powered by innovation.

Dino Otranto
Chief Executive Officer, Fortescue Metals
Dino Otranto joined Fortescue in 2021 as Chief Operating Officer Iron Ore before being appointed CEO of Fortescue Metals in August 2023. Alongside leading the Company's iron ore business, Dino oversees Fortescue's global decarbonisation efforts, Pilbara exploration and Australian energy projects.
With more than 20 years’ experience in the global resources sector, Dino has worked across a diverse range of commodities and operations worldwide. Safety is at the heart of Dino’s leadership, shaping his approach to operational performance and decision-making. At Fortescue, he is driving one of the largest operational transformations in the Company’s history, accelerating the decarbonisation and electrification of its iron ore operations while strengthening the performance of the Metals business.
Before joining Fortescue, Dino served as Chief Operating Officer at Vale Base Metals, where he oversaw North American, European and Asian nickel and copper businesses. This spanned a vast global network of underground and open-pit mines, smelters, refineries, power stations, and port and rail infrastructure.
Dino holds a Bachelor of Engineering (Chemical) and a Bachelor of Science (Chemistry) from Curtin University, alongside a Graduate Diploma of Finance from the Financial Services Institute of Australasia.
Agustin (Gus) Pichot
Chief Executive Officer, Growth and Energy
Agustin (Gus) Pichot joined Fortescue in 2018 to lead the development of Fortescue’s mining, energy, and infrastructure business across Latin America.
Gus has most recently served as Head of Global Growth, tasked with identifying and streamlining projects throughout the Americas, Middle East, Africa, Europe and Australia.
In July 2025 he was appointed Chief Executive Officer for Growth and Energy, joining Fortescue Metals CEO Dino Otranto as one of two CEOs leading the Company.
Gus has diverse marketing, business management, capital discipline and investment strategy experience developed over more than two decades. He is also renowned for his leadership, both in business and in sport.
Gus played in four Rugby World Cups for Argentina, including captaining his country to the bronze medal at the 2007 event in France. He is a member of the World Rugby Hall of Fame and served his country for 13 years as a Member for World Rugby, rising to the role of Vice Chairman.
As a highly respected leader in asset management and investment strategies, he went on to found and lead Pegsa Group, now one of Latin America’s largest media production companies for sports and entertainment.
As the CEO of Growth and Energy, Gus holds the critical responsibility of developing Fortescue’s green energy and growth projects across the world, helping to move Fortescue beyond fossil fuels.
Gus holds a Business and Management degree from Brunel University, London. He is currently a non-executive member of the World Rugby Council.
Apple Paget
Group Chief Financial Officer
Ms Paget joined the Company in January 2023 as Group Manager Finance & Tax. She was appointed Acting Chief Financial Officer of Fortescue Metals in August 2023 and Group Chief Financial Officer in July 2024.
Ms Paget is a finance executive with more than 25 years' experience in the resources and energy sectors, leading finance, treasury, tax and commercial functions, with expertise in strategic finance, capital allocation, business evaluation, mergers and acquisitions, and capital management.
She has led a number of landmark funding and capital initiatives that have broadened Fortescue's funding sources, strengthened relationships with international financial institutions and enhanced the Company's financial flexibility. She is focused on disciplined capital allocation, enhancing financial insight and decision-making, and accessing the world's most competitive pools of capital to support the Company's long-term strategy and growth.
Prior to joining Fortescue, Ms Paget was a member of TotalEnergies Australia's leadership team and held senior finance roles with ConocoPhillips Australia.
Ms Paget holds a Bachelor of Commerce from the University of Western Australia and is a Fellow of Chartered Accountants Australia and New Zealand (FCA). She is also a Chartered Tax Adviser (CTA) with The Tax Institute and a member of Chief Executive Women (CEW).

