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Fortescue CEO looking forward to time off

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September 15, 2017

Fortescue Metals Group chief executive Nev Power will step down after seven years in charge.

Fortescue Metals Group chief executive Nev Power will step down in February after seven years in charge.

Fortescue did not announce a replacement but said Mr Power's decision was consistent with its long-term succession plan.

"We could not be more pleased with his stewardship and respect his decision that it is time for the next chapter of Fortescue to begin," chairman Andrew Forrest said in a statement.

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