Iron ore miner Fortescue Metals has picked travel group Helloworld's former chief executive Elizabeth Gaines as its new chief financial officer.

Ms Gaines, who has been on Fortescue’s board since 2013, will take up the role on February 6 following an “exhaustive” global search, chief executive Nev Power said in a statement to the ASX on Tuesday. She will replace Fortescue’s long standing finance head Stephen Pearce, who handed in his…