Power steps down as FMG chief

The Australian Mining Review - - NEWS - Iron Ore

Fortes­cue Met­als Group chief ex­ec­u­tive Nev Power has de­cided to step down from his role af­ter al­most seven years.

Fortes­cue chair­man An­drew For­rest said Mr Power would fin­ish in his role on 18 Fe­bru­ary 2018.

“Nev has ex­e­cuted his du­ties to the high­est de­gree and met or ex­ceeded the of­ten un­rea­son­able stan­dards set by his board,” Mr For­rest said.

“We could not be more pleased with his stew­ard­ship and re­spect his de­ci­sion that it is time for the next chap­ter of Fortes­cue to be­gin.

“This is con­sis­tent with our long term suc­ces­sion plan and we both share great con­fi­dence in the qual­ity of in­ter­nal and ex­ter­nal can­di­dates to con­tinue Fortes­cue’s legacy.”

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