Elizabeth Gaines Explained

Elizabeth Gaines
Nationality:Australian
CEO of Fortescue Metals Group

Elizabeth Gaines is an Australian businessperson who serves as Non-Executive Director and Deputy Chair at Greatland Gold.[1]

Education

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

Career

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

In 2008, Gaines joined travel company Helloworld.[7] She served as CFO of the company and became CEO in April 2014. In June 2015, she resigned as Helloworld's CEO.[8]

Gaines joined the board of Fortescue Metals Group in 2013, while still CFO of Helloworld. She was the company's first female non-executive director.[9] Gaines was appointed CEO of Fortescue in November 2017 succeeding Nev Power.[10] [11] Before becoming CEO, she served as the Fortescue's chief financial officer (CFO).[12]

In December 2021, three years after becoming CEO of Fortescue, Gaines announced her future departure from the CEO role, intending remain with the company as a non-executive director on the board and as Fortescue's global green hydrogen ambassador. A global search is underway for her successor.[13]

References

  1. Web site: Elizabeth Gaines. 2018-09-26. Fortune. en. 2018-12-09.
  2. Web site: Gaining power: Fortescue's new CEO hits ground running. Gray. Darren. 2018-06-01. The Sydney Morning Herald. en. 2018-12-09.
  3. Web site: The three sisters conquering Perth businesses. Smith. Sean. insider.thewest.com.au. 2019-03-18.
  4. Web site: Gaining new ground - News and Events Curtin University, Perth, Western Australia. Taylor. Zoe. 2018-06-14. News and Events. en. 2019-03-18. 27 March 2019. https://web.archive.org/web/20190327202405/https://news.curtin.edu.au/stories/gaining-new-ground/. dead.
  5. Web site: Elizabeth Gaines. Business News. 2018-12-09.
  6. Web site: Two women to lead Australian iron ore mining company. 2017-11-30. MINING.com. en. 2018-12-09.
  7. Web site: Helloworld chief departs in the middle of rebranding. O'sullivan. Matt. 2014-03-31. The Sydney Morning Herald. en. 2018-12-09.
  8. Web site: Helloworld CEO Elizabeth Gaines resigns after 15 months. Freed. Jamie. 2015-06-19. The Sydney Morning Herald. en. 2018-12-09.
  9. Web site: 2013-02-21. Fortescue Metals announces first female director. 2018-12-09. SmartCompany. en-US.
  10. News: Fortescue Metals Group's new CEO earns $500,000 less than predecessor. McNeilage. Amy. 2018-02-22. The Guardian. 2018-12-09. en-GB. 0261-3077.
  11. News: UPDATE 2-Australia's Fortescue appoints new CEO, looks beyond iron ore. 2017-11-30. Reuters. 2018-12-09. en.
  12. Web site: Elizabeth Gaines - Business & Law Curtin University, Perth, Western Australia. Bak. Randall. 2018-03-07. Business & Law. en. 2018-12-09.
  13. Web site: Pupazzoni . Rachel . Fortescue's iron lady Elizabeth Gaines steps down as CEO . ABC News . 11 August 2022 . en-AU . 10 December 2021.

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