Fortescue Says Metals CFO Exits After Just Two Months, Days After CEO Leaves

By Rhiannon Hoyle

Fortescue Metals Group said late Thursday that the chief financial officer of its lucrative metals business has departed, just days after the division's chief executive abruptly left the company.

The iron-ore miner didn't give a reason for the departure of Christine Morris, who only took up the role as CFO of Fortescue's metals arm in July.

The company's finance and tax manager, Apple Paget, has been appointed acting chief financial officer for the unit.

On Monday, Fortescue said the CEO of its metals business, Fiona Hick, had stepped down and been succeeded by the chief operating officer of its iron-ore mining operations, Dino Otranto. Hick had only been in the role since February.

Write to Rhiannon Hoyle at [e-mail]

(END) Dow Jones Newswires

08-31-23 1837ET