# Andrew Michael Elf Chief Executive Officer ## Career chronology - **20 March 2014 onward: Mitchell Services Limited** — Chief Executive Officer. [Annual Report 2026]() (2026 annual report, printed pp. 8–9 (PDF pp. 10–11), visually inspected) - **From March 2010; precise dates and title unknown: Mitchell Group** — Senior drilling roles. [Annual Report 2026]() (2026 annual report, printed pp. 8–9 (PDF pp. 10–11), visually inspected) - **Before March 2010; exact dates unknown: Boart Longyear** — Senior roles. [Annual Report 2026]() (2026 annual report, printed pp. 8–9 (PDF pp. 10–11), visually inspected) ## Education and qualifications ### Issuer-reported qualifications [msv_andrew-elf_credentials] Reported August 2026 · issuer reported · low materiality The FY2026 annual report lists BCom, FCPA, MBA and GAICD. These qualifications have not been independently verified with the awarding institutions or professional bodies. **Attribution:** Responsibility not applicable. Qualification claims are attributed to the issuer and were not independently verified. **Relevance:** Professional training is relevant to the executive role. [Annual Report 2026]() (printed p. 9 (PDF p. 11), visually checked) ## Contributions and company outcomes ### FY2026 earnings and cash flow improved sharply [msv_andrew-elf_fy26] Year ended 2026-06-30; announced 2026-08-24 · issuer reported · medium materiality Mitchell Services reported FY2026 EBITDA of A$42.8m, up 67% on FY2025; profit after tax of A$15.2m versus A$0.5m; operating cash flow of A$37.4m, up 107%; and net cash A$3.5m versus net debt of A$8.4m at FY2025 year-end. The company declared a 2.0c fully franked final dividend, bringing FY2026 dividends to 6.0c/share. Chairman Nathan Mitchell described the result as among the strongest in the company’s history. The company statement does not quantify individual executive contributions. **Attribution:** Role overlaps event; causation unproven. The performance figures are company-wide. Nathan Mitchell publicly commented as Executive Chairman, but this does not establish that any named executive individually caused the results. **Relevance:** Operating and financial execution is relevant to executive suitability; the outcome provides a measured company benchmark. [Annual Report 2026]() (printed pp. 3–4 and 22 (PDF pp. 5–6 and 24), visually checked) ### September 2026 quarter included an insurance benefit [msv_andrew_q127] Quarter ended 30 September 2026 · issuer reported · medium materiality For the September 2026 quarter the company reported revenue of A$66.5m and EBITDA of A$18.7m. EBITDA included a one-off A$3.4m Grosvenor underground insurance benefit; underlying EBITDA was A$15.3m, up 29% against the corresponding prior-year quarter. Figures are unaudited management accounts. **Attribution:** Role overlaps event; causation unproven. Elf signed the update as CEO; the performance is company-wide and causation is not individually established. **Relevance:** The distinction between recurring performance and insurance receipts supports an assessment of operating delivery. [Quarterly Investor Update]() (pp. 1–2, record earnings and underlying EBITDA) ## Industrial safety ### Serious hand injury and rig suspension [msv_andrew_safety22] FY2023 Q2 · issuer reported · medium materiality The company said a worker sustained a serious hand injury in the December 2022 quarter, and five rigs were suspended for about a month during the associated investigation. It expected a full recovery. The underlying investigation and final findings were not found. **Attribution:** Role overlaps event; causation unproven. Elf was CEO during the period; the source establishes no individual fault or finding against him. **Relevance:** Operational safety and the response to a serious injury are material to drilling leadership. [Quarterly Investor Update]() (p. 1, Health & Safety) ## Evidence gaps - Independent verification of qualifications and complete prior-employer tenure was not obtained. - The search is limited open-web screening; court, regulator, sanctions and professional records were not exhaustively checked. - The final findings and worker recovery after the December 2022 hand injury were not obtained.