Mr Wells commenced as Chief Financial Officer in February 2018 having responsibility for the Fortescue Group capital management strategy, core finance functions including reporting, tax and treasury, together with Group procurement and logistics, and technology and autonomy.
Mr Wells is a Director of a number of Fortescue’s subsidiaries and is a member and alternate chair of the Iron Bridge Joint Venture Committee.
Since joining Fortescue in 2010, he has held multiple senior executive roles in the Group Finance Leadership team, including Group Manager Corporate Finance, leading Fortescue’s capital management strategy, Group Manager planning and analysis and he also held the position of Company Secretary.
Mr Wells’ prior experience includes financing Fortescue’s major iron ore project development leading multi-billion dollar capital raising and refinancing transactions in domestic and international capital markets.
With more than 25 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 and Acting Chief Financial Officer of Alinta Limited.
Mr Wells holds a Bachelor of Business in Accounting, is a Fellow of CPA Australia, a Certified Finance and Treasury Professional and a Graduate of the Australian Institute of Company Directors. Mr Wells is Chairman of The Salvation Army’s WA Corporate & Philanthropic Council.
The Federal Government’s jobs and skills summit will this week work towards addressing Australia's overall labour shortage but solving that complex crisis within mining will require urgent industry-wide collaboration.