Business
Fortescue parts ways with top brass amid fears of huge cost blowout – The Australian Financial Review
Fortescue Metals Group faces major headaches with its $US2.6b Iron Bridge project as three top executives, including chief operating officer Greg Lilleyman, are…
Ms Gaines said the leadership clean out was about people and their behaviour and should not be interpreted as being linked to capital aspects of the Iron Bridge project.
Our values are not a smorgasbord, so we cant pick and chose from our values, he said.
This is largely about people and behaviour. It would be inappropriate to comment further on any specifics.
Fortescue has been reviewing the Iron Bridge project, including costs and the timetable, and is unhappy with what has been uncovered.
The…
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