# Ursula Lummis Chief Financial Officer ## Career chronology - **Macmahon group financial controller from 2018, CFO from 1 November 2021; previously KPMG Australia and South Africa.: Macmahon Holdings Limited** — Chief Financial Officer. [Annual Report FY2026]() (physical PDF p. 42, executive biography) ## Education and qualifications ### Qualifications and verification [mah_lummis_education] Education dates not established · issuer reported · low materiality The issuer reports a Bachelor of Commerce (Honours) in accounting, auditing and tax and chartered accountant status; independent credential verification is unavailable. **Attribution:** Responsibility not applicable. Issuer or professional biography reports qualifications; no direct independent verification is implied. **Relevance:** Relevant to assessing professional preparation. [Annual Report FY2026]() (physical PDF p. 42, executive biography) ## Contributions and company outcomes ### FY2026 company results [mah_lummis_company_success] FY2025–FY2026 · documented · medium materiality Macmahon reported revenue of A$2.619bn and statutory net profit of A$101.135m in FY2026 versus A$2.427bn and A$73.944m in FY2025. This is a consolidated company outcome, including acquisitions, not evidence of personal contribution. **Attribution:** Role overlaps event; causation unproven. The executive held a senior role during the period; individual causal contribution is not isolated. **Relevance:** Shows company-level financial delivery during the role. [Annual Report FY2026]() (physical PDF p.150 consolidated income statement) ## Business failures and setbacks ### Calidus administration and impaired receivable [mah_lummis_calidus] June–August 2024 · issuer reported · medium materiality Macmahon reported that client Calidus entered administration in June 2024 and its Warrawoona operations entered care and maintenance. Macmahon fully impaired an A$31.8m receivable at FY2024; management then expected a possible route to recovery through the receivers’ sale or recapitalisation process. Final recoveries are not established here. **Attribution:** Role overlaps event; causation unproven. A senior executive held the stated position; neither the client failure nor the impairment establishes personal responsibility. **Relevance:** Material counterparty and credit-risk outcome during the executive team’s tenure. [Macmahon annual report 2024]() (printed pp.18 and 24, Warrawoona and financial review) ## Suitability for the current role ### Role-relevant professional experience [mah_lummis_role_fit] Through 2026-10-31 · analyst inference · low materiality As an analytical inference, the reported experience is relevant to chief financial officer: Macmahon group financial controller from 2018, CFO from 1 November 2021; previously KPMG Australia and South Africa. The degree of individual contribution to past company outcomes is not established. **Attribution:** Responsibility not applicable. Analytical assessment based on disclosed career; it is not a finding of personal delivery or misconduct. **Relevance:** Matches documented experience to the role. [Annual Report FY2026]() (physical PDF p. 42, executive biography) ## Evidence gaps - Independent verification of education, credential status, full prior-employer tenures and individual outcomes is incomplete. - Focused public-source screening is not a comprehensive court, regulatory, criminal, sanctions or credential check; some historical employer records and local-language sources were not reviewed. - Final recoveries on the Calidus receivable and individual decision-making are not established.