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FMG to lose the Power

Fortescue Metals Group (AU:FMG) has announced that CEO Nev Power will step down from his role and leave the company early next year.

FMG to lose the Power FMG to lose the Power FMG to lose the Power FMG to lose the Power FMG to lose the Power

The dream team: FMG chairman Andrew Forrest (left) and CEO Nev Power (right) in the Pilbara. (photo: Tony McDonough)

Power will complete his term on February 16, seven years after joining the company, initially as chief operating officer.