# Dougal Elder

Chief Financial Officer

## Career chronology

- **since 2026: Felix Gold Limited** — Chief Financial Officer. [Senior Executive Appointments](<https://data-api.marketindex.com.au/api/v1/announcements/XASX%3AFXG%3A2A1651380/pdf/inline/senior-executive-appointments>) (Corporate directory or key management personnel disclosure)

- **2024–2025: Sayona Mining / Eleva Lithium** — Chief Financial Officer. [Senior Executive Appointments](<https://data-api.marketindex.com.au/api/v1/announcements/XASX%3AFXG%3A2A1651380/pdf/inline/senior-executive-appointments>) (Appointment release: CFO at Eleva/Sayona, played a key financial role in $670m merger with Piedmont and Nasdaq listing, &gt;$200m equity raisings, CA and B.Com (Hons).)

- **2026-02-16: Felix Gold Ltd** — Chief Financial Officer. [Senior Executive Appointments](<https://data-api.marketindex.com.au/api/v1/announcements/XASX%3AFXG%3A2A1651380/pdf/inline/senior-executive-appointments>) (Appointment release: effective 16 February 2026.)

## Contributions and company outcomes

### Prior employer completed merger and raised capital during CFO tenure [dougal-elder_research_update]

2024–2025 · issuer reported · medium materiality

Appointment announcement directly connects Elder to the financial work supporting Sayona/Eleva’s $670m merger and &gt;$200m equity raisings; direct documented contribution as stated by issuer/appointment source.

**Attribution:** Role overlaps event; causation unproven. The source establishes the executive’s role during or around the event; individual causation is not inferred unless the cited record directly says so.

**Relevance:** Adds role-specific career, delivery or governance context; distinguish company-level outcomes from individual responsibility.

[Senior Executive Appointments](<https://data-api.marketindex.com.au/api/v1/announcements/XASX%3AFXG%3A2A1651380/pdf/inline/senior-executive-appointments>) (Appointment announcement directly connects Elder to the financial work supporting Sayona/Eleva’s $670m merger and &gt;$200m equity raisings; direct documented contribution as stated by issuer/appointment source.)

## Suitability for the current role

### Limited public evidence for role fit [dougal_elder_role_fit]

since 2026 · analyst inference · low materiality

The issuer identifies Dougal Elder as Chief Financial Officer. The cited source establishes the disclosed role and any stated appointment date. This source alone does not establish attributable prior-employer outcomes, verified credentials or independently benchmarked delivery. This is an evidence limitation, not an adverse personal finding.

**Attribution:** Responsibility not applicable. No personal outcome responsibility is inferred from the title alone.

**Relevance:** The role is relevant to the company’s current leadership assessment; fuller role-fit comparison requires verified chronology and outcome evidence.

[Senior Executive Appointments](<https://data-api.marketindex.com.au/api/v1/announcements/XASX%3AFXG%3A2A1651380/pdf/inline/senior-executive-appointments>) (Corporate directory, key management personnel or appointment disclosure; role and date)

## Evidence gaps

- Prior-employer chronology and qualifications are based mainly on issuer disclosures; independent employment and credential verification was not available in the reviewed public record.

- The documented name/employer searches are not an exhaustive court, ASIC, sanctions, safety or environmental registry check; no relevant adverse finding surfaced in the searches documented.

- Company-level outcomes are not attributed personally without a source connecting the executive to the action or result.
