People

Elizabeth Gaines

Elizabeth Gaines

Formal First Name
Elizabeth
Link
Dates
1964 - present
Location

Elizabeth Gaines is the Chief Executive Officer of Fortescue Metals Group, a global leader in the iron ore industry. With an impeccable record in financial and operational leadership across diverse industries, she has extensive experience in mining and resources, agribusiness, financial services, construction, infrastructure, real and intellectual property, travel and hospitality, media, and most recently, in digital business and models.

Professional Experience


Academic History

CAREER AT FORTESCUE METALS GROUP

  • Gaines joined Fortescue Metals Group in 2013 as its first female board member, bringing management and board experience from the banking, construction, and travel sectors. 
  • She was named Chief Executive Officer in 2018, becoming the first woman to run a major Australian publicly listed mining company.
  • She has reduced Fortescue's heavy borrowing costs through refinancing and debt repayment.


EXPERTISE

  • Gaines has significant exposure to the impact of the growth in Asian economies, particularly China, on the Australian business environment and economy.
  • She has a deep understanding of all aspects of financial and commercial management at a senior executive level in both listed and private companies, including merger and acquisition activities comprising due diligence, acquisition, disposals, merger integration, and cross-border funding.


CURRENT APPOINTMENTS


AWARDS AND RECOGNITIONS