The chief financial officer of Fortescue’s energy division is latest executive to exit the Andrew Forrest-chaired miner.
Deborah Caudle was CFO of Fortescue’s energy division since September, before departing this week after a corporate restructure.
“As part of our transition to a One Fortescue model there has been consolidation of Fortescue’s finance functions,” a Fortescue spokeswoman said.
“In the interim, Apple Paget, acting metals CFO, will take on additional responsibilities.”
Former Prime Minister Malcolm Turnbull formally left the Fortescue empire last week.
Mr Turnbull cutting the Fortescue cord follows a string of exits at the business, which included the inauspicious departures of Fiona Hick, who after six months as Fortescue’s chief executive resigned her post on August 28, and Christine Morris, who spent just three months as chief financial officer before her departure was announced three days later.
Reserve Bank of Australia deputy governor Guy Debelle resigned from his position on the board of Fortescue Future Industries not long after.
This came after a suite of other departures in 2023 including Fortescue chief financial officer Ian Wells exiting in January, followed by non-executive director Jenn Morris in June, and Fortescue Future Industries chief financial officer Felicity Gooding in July.