Elizabeth Gaines

Elizabeth Gaines is an Australian businesswoman who serves as chief executive officer (CEO) of iron ore company Fortescue Metals Group. She is the company’s first female CEO.[1]

Elizabeth Gaines
NationalityAustralian
Alma materCurtin University, Macquarie University
TitleCEO of Fortescue Metals Group

Education

Gaines attended Perth Modern School.[2][3] She graduated from Curtin University and received a Master’s in Applied Finance from Macquarie University.[3][4]

Career

Gaines served as CEO of Heytesbury from 1997 to 2005.[2][5] She also served as CFO of Stella Group and Entertainment Rights.[6][7]

In 2008, Gaines joined travel company Helloworld.[8] She served as CFO of the company and became CEO in April 2014.[8] Gaines joined the board of Fortescue in 2013.[9] In June 2015, she resigned as Helloworld's CEO.[10]

Gaines was appointed CEO of Fortescue in November 2017 following Nev Power.[11][9] Before becoming CEO, she served as the Fortescue’s chief financial officer (CFO).[1] She was appointed CEO following an announcement from the company’s chairman, Andrew Forrest, that he would be appointing women to the roles of CEO and deputy chief executive.[11]

She was the company's first female non-executive director.[12] She became CFO of the company in February 2017[6] and in February 2018 took over as CEO.[13]

References
  1. "Elizabeth Gaines". Fortune. 26 September 2018. Retrieved 9 December 2018.
  2. Gray, Darren (1 June 2018). "Gaining power: Fortescue's new CEO hits ground running". The Sydney Morning Herald. Retrieved 9 December 2018.
  3. Smith, Sean. "The three sisters conquering Perth businesses". insider.thewest.com.au. Retrieved 18 March 2019.
  4. Taylor, Zoe (14 June 2018). "Gaining new ground - News and Events | Curtin University, Perth, Western Australia". News and Events. Retrieved 18 March 2019.
  5. "Elizabeth Gaines". Business News. Retrieved 9 December 2018.
  6. Bak, Randall (7 March 2018). "Elizabeth Gaines - Business & Law | Curtin University, Perth, Western Australia". Business & Law. Retrieved 9 December 2018.
  7. "Two women to lead Australian iron ore mining company". MINING.com. 30 November 2017. Retrieved 9 December 2018.
  8. O'sullivan, Matt (31 March 2014). "Helloworld chief departs in the middle of rebranding". The Sydney Morning Herald. Retrieved 9 December 2018.
  9. "UPDATE 2-Australia's Fortescue appoints new CEO, looks beyond iron ore". Reuters. 30 November 2017. Retrieved 9 December 2018.
  10. Freed, Jamie (19 June 2015). "Helloworld CEO Elizabeth Gaines resigns after 15 months". The Sydney Morning Herald. Retrieved 9 December 2018.
  11. McNeilage, Amy (22 February 2018). "Fortescue Metals Group's new CEO earns $500,000 less than predecessor". The Guardian. ISSN 0261-3077. Retrieved 9 December 2018.
  12. "Fortescue Metals announces first female director". SmartCompany. 21 February 2013. Retrieved 9 December 2018.
  13. "Executive Team | Fortescue Metals Group Ltd". www.fmgl.com.au. Retrieved 11 August 2019.
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