(Reuters) -Fortescue Metals Group Ltd said on Friday its Chief Executive Officer Elizabeth Gaines would transition out of the top job, as the miner moves from a pure play iron ore producer to a diversified renewable energy and resources company.
Gaines, who has led the Australian company for the last four years, will remain on Fortescue’s board as a non-executive director and assist in the search for her successor, the company said.
Fortescue’s board has started a global search to identify a new CEO and other leaders with “global experience across heavy industry, manufacturing, and renewable energy,” it said in a statement.
(Reporting by Shashwat Awasthi; Editing by Rashmi Aich)
