Fiona Hick held the position of President at the Chamber of Minerals and Energy in Western Australia from 2021 to 2023. Her tenure marked a significant milestone as the first female President in the Chamber’s 121-year history. In recognition of her achievements, she was honored with the Outstanding Woman in Resources Award in 2019.
Height-5feet 6inch (approx.)
Profession- CEO of Fortescue Metals Group
Her father, George Albert Hicks, pursued a career as a civil servant, while her mother, Maureen Grace Hicks, dedicated her time as a homemaker. Fiona’s birthplace is Bromley, Kent, and she received her education at James Allen’s Girls’ School in Dulwich.
Fiona originates from Australia and currently resides in Perth with her spouse and three kids. She possesses a Bachelor of Applied Science in Energy Studies from Murdoch University, along with a Bachelor of Engineering (Honors) from the University of Western Australia.
With more than two decades and a half in the oil, gas, and mining sectors, Fiona Hick boasts extensive industry expertise.
From February to August 2023, Ms. Hick held the position of CEO at Fortescue Metals. Her journey began at Woodside in February 2001, where she progressively advanced: ascending to the role of Vice President for health, safety, environment, and quality in May 2016; taking on the mantle of crisis management leader in July 2018; assuming the role of Vice President for strategy planning and analysis in January 2019; stepping in as the acting Executive Vice President for operations in October 2019; moving up to Senior Vice President for operations in July 2020; and finally, being appointed Executive Vice President for operations in April 2021. Prior to her tenure at Woodside, Ms. Hick accumulated over five years of experience with Rio Tinto, where she worked and resided in their remote locations.
In the year 2019, Ms. Hick was honored with the Chamber of Minerals and Energy Western Australia’s Outstanding Woman in Resources Award.Her trailblazing accomplishments continued as she became the first woman to lead The Chamber of Minerals and Energy of Western Australia in the capacity of president, starting in May 2021. Beyond this role, Ms. Hick’s affiliations include membership in the Australian Institute of Company Directors and the University of Western Australia’s Strategic Resources Committee. She also holds the distinction of being an Associate Fellow of the Australian Institute of Management and a Fellow of the Institute of Engineers.
Net worth 2023
In the current year, her financial worth is estimated to be around $4 million. In her role as the Executive Vice President of Operations at Woodside Petroleum Ltd, Ms. E receives a total remuneration of AUD$347,774.
Resignation Of Fiona Hick
Fiona Hick, the Chief Executive of Fortescue Metals, is stepping down from her position as head of the iron ore mining company, only six months after assuming the role. This departure adds to the recent trend of senior-level resignations within the organization.
This development comes amid a period characterized by significant turnover in executive staff at the company founded by Andrew Forrest. Additionally, Fortescue has been actively exploring new avenues of growth, focusing on hydrogen and clean energy projects.
In an official statement, Fortescue revealed that Hick’s decision to leave was made in collaboration with the board. The departure is described as amicable and mutual, with the company extending its well-wishes to Hick for her future endeavors.
Fiona Hick had joined Fortescue in February, transitioning from her previous role at Woodside. The succession process appears to be immediate, as Dino Otranto, the former head of operations, has taken over her position.
When analysts inquired about the rationale behind this senior leadership change, Fortescue responded that it was a premeditated move and a part of an accelerated appointment strategy.
Notably, a significant number of Fortescue’s executive team members have departed or assumed different roles since 2021, resulting in around 10 major changes within a span of less than three years.
Earlier in January, the longstanding finance head Ian Wells resigned, followed by the departure of Guy Debelle, the former deputy Reserve Bank governor, from his executive role. Debelle’s departure was due to his recovery from a serious bicycle accident, and he continued his association with the company in a different capacity.
Furthermore, Fortescue’s ownership structure is undergoing changes subsequent to the public announcement of the separation of Australia’s wealthiest couple in July. Despite this change, the Forrests affirmed that their decision to live apart would not impact their shared philanthropic or business interests, which include a stake of over one-third in Fortescue.
The news of these leadership changes arrived on Monday, shortly before Fortescue disclosed its weakest annual profit in three years, reflecting a decline of 23%.
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