Fortescue's Executive Team is accountable for the safety of our people, upholding our values, acting with integrity and honesty, and leading the business to achieve our vision of becoming the safest, lowest cost iron ore producer in the world.
Elizabeth Gaines commenced as Chief Executive Officer of Fortescue Metals Group in February 2018.
A highly experienced business leader with extensive international experience as a Chief Executive Officer and group executive, Ms Gaines has a proven track record in financial and operational leadership across a number of industries, including resources, construction and infrastructure, financial services and travel and hospitality.
After joining Fortescue as a Non-Executive Director in February 2013, Ms Gaines was appointed Chief Financial Officer and Executive Director in February 2017. She is a former Chief Executive Officer of Helloworld Limited and Heytesbury Pty Limited and has also held the position of Chief Financial Officer at Stella Group and Entertainment Rights Plc.
Ms Gaines has significant exposure to the impact of the growth in Asian economies, particularly China, on the Australian business environment and economy as well as a deep understanding of all aspects of financial and commercial management at a senior executive level in both listed and private companies.
A member of Chartered Accountants Australia and New Zealand, the Australian Institute of Company Directors and Chief Executive Women, Elizabeth holds a Bachelor of Commerce degree and Master of Applied Finance degree.
Ms Gaines has previously held Non-Executive Director roles with NEXTDC Limited, Mantra Group Limited, Nine Entertainment Co. Holdings Limited and ImpediMed Limited.
Mr Lilleyman joined Fortescue in January 2017 as Director of Operations and with over 28 years’ experience in the mining sector across multiple commodities including over 20 years in the iron ore sector, has a wealth of industry knowledge and experience.
He holds a degree in Construction Engineering from Curtin University and has completed the Vincent Fairfax Fellowship in Ethical Leadership at the University of Melbourne as well as the prestigious Wharton Business School’s Advanced Management Program.
Mr Lilleyman was a board member and past President of the Chamber of Minerals and Energy WA and has served on the boards of the Australian Institute of Management WA, the Curtin University Foundation and the Energy and Minerals Institute of UWA. He is a member of the Australian Institute of Mining and Metallurgy (AusIMM), the Australian Institute of Company Directors (AICD) and a Fellow of the Australian Institute of Management (AIM).
With extensive international experience across Australia, India, Japan, China, Canada, USA, Peru, South Africa, Guinea and Mongolia in large scale project development and construction, operational and business leadership, JV management and technology deployment, Mr Lilleyman brings significant business credentials and iron ore market knowledge to the Fortescue leadership team.
Julie Shuttleworth has over 23 years’ experience in the mining industry in Australia, China and Tanzania, including 19 years in gold/copper working for Newcrest Mining, Sino Mining and Barrick Gold, and over four years iron ore experience with Fortescue Metals Group.
Ms Shuttleworth holds a double major in Extractive Metallurgy and Chemistry from Murdoch University. She commenced with Fortescue as General Manager at Cloudbreak Mine in 2013, and transferred to General Manager at Fortescue’s Solomon Mine in 2015.
Ms Shuttleworth has received numerous accolades including 2011 Australian Mine Manager of the Year, 2012 West Australian Business Woman of the Year, she is listed in the 2013 WIM(UK) 100 Global Inspirational Women in Mining, and one of the 2014 Australian Women of Influence.
Ms Shuttleworth is a Fellow and Chartered Professional of the Australian Institute of Mining and Metallurgy (AusIMM), is a Graduate Member of the Australian Institute of Company Directors (AICD), and on the International Committee of the Society of Mining Metallurgy & Exploration (SME). She has attended Harvard Business School, holds several Diplomas in Financial Markets and Management, and sponsors the Julie Shuttleworth Prize in Mineral Processing at Murdoch University.
Ian Wells joined Fortescue in 2010 and has held multiple senior executive roles in the Finance team, including funding, treasury, planning and analysis as well as Company Secretary. Prior experience includes financing Fortescue’s US$10bn major iron ore project development to 155 million tonnes per annum, and successfully undertaking multi-billion dollar capital raising and refinancing transactions in domestic and international capital markets.
Most recently, he has held the position of Group Manager Corporate Finance leading Fortescue's capital management strategy with group responsibility for Treasury and Funding.
With more than 20 years’ experience as a senior executive in leading ASX listed and private companies in the mining, energy infrastructure and healthcare industries, Mr Wells’ prior positions include Chief Financial Officer of Singapore Power subsidiary Jemena Limited, one of Australia’s largest owners and operators of energy infrastructure and Acting CFO of Alinta Limited when it was acquired through an on-market acquisition by the Babcock and Brown, Singapore Power Consortium in 2007.
Mr Wells holds a Bachelor of Business in Accounting, is a Fellow of CPA Australia, a Certified Finance and Treasury Professional and a Graduate Member of the Australian Institute of Company Directors. Mr. Wells is also a director of not-for-profit Alzheimer’s WA and the chairman of the Salvation Army business advisory committee.
Mr Liu joined Fortescue in 2003 and was appointed Director Sales and Marketing in 2011.
As one of the earliest privately funded students coming from China, Mr Liu has spent more than 30 years in Perth, completing his post-graduate studies at the University of Western Australia.
Following a venture into two-way trade and a number of investment projects in China, Mr Liu joined Fortescue from its early days in 2003.
Mr Liu brings a deep understanding of Asian, particularly Chinese, culture and business practices which has assisted Fortescue in executing its strategy of long-term partnerships with the major steel mills in Asia.
Ms Terry was appointed Company Secretary in February 2017, after joining Fortescue in 2014 as Group Manager Corporate Affairs.
With significant experience in corporate affairs, legal, company secretarial and general management, Ms Terry has previously held senior executive and Board roles across a number of sectors including automotive, telecommunications and superannuation.
She holds a Bachelor of Economics and Bachelor of Laws (Honours) degrees and a Graduate Diploma of Business (Accounting).
Mr Veldsman was appointed Executive General Manager Pilbara Operations in February 2018. He started his career at Fortescue in 2011 and has led the Port and Rail operations and Solomon Mine. Most recently, he was GM Iron Ore Projects, responsible for the Iron Bridge Joint Venture Magnetite Project and feasibility studies into the Western Hub and Nyidinghu.
With more than 15 years’ industry experience spanning various commodities and operations in Australia and South Africa, Mr Veldsman’s previous experience includes senior operations management, asset reliability and overseeing mechanical, structural and expansion projects.
Mr Velsman holds a Bachelor of Engineering (Mech), Masters of Engineering (Mech), and is registered as a Professional Engineer in South Africa.
Mr Watson was appointed Group Manager Health and Safety in 2014 after joining Fortescue in 2011. Prior to this, Mr Watson spent 15 years in a number of senior corporate health and safety roles in large mining companies.
Mr Watson's career in health and safety spans over 25 years in a number of industries and commodities. Mr Watson holds a Masters in Occupational Health and Safety.
Mr Wilson was appointed Company Secretary in February 2018, bringing over 20 years mining industry experience across the gold, nickel, coal and mineral sands sectors.
He started his career as a lawyer in private practice with a leading Australian law firm and subsequently held a number of senior legal, commercial and governance positions with WMC Resources Limited and Iluka Resources Limited.
Mr Wilson holds a Bachelor of Laws from the University of Western Australia and is a Graduate of the Australian Institute of Company Directors.