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2026-11-06

← DVP management

Full background report

David Lonsdale

Interim Chief Financial Officer

Career chronology

  • Interim CFO from 29 October 2026: Develop Global — General Manager Finance then Interim CFO. Change of chief financial officer (p.1)

  • Ten years before Develop; Australian finance leadership from 2020: Byrnecut — Finance manager of international operations and Australian mining-services divisions. Change of chief financial officer (p.1)

Industrial safety

Byrnecut fined over a 2020 fatality

2020–2023 · documented · high materiality

WorkSafe WA reports contractor Byrnecut pleaded guilty and was fined A$850,000 after a worker died at Carosue Dam in July 2020. Develop states Lonsdale led finance for Byrnecut Australian mining-services divisions from 2020, but exact incident-date role overlap and site responsibilities are not established.

Attribution: Employer context; no individual link established. The conviction was against Byrnecut. No personal involvement or operational decision by Lonsdale is established.

Relevance: Former-employer safety and contractor governance context.

ThinkSafe: safety prosecution updates (safety prosecution updates, Carosue Dam); Change of chief financial officer (p.1)

Suitability for the current role

Interim CFO has mining-services finance experience

2020–2026 · analyst inference · medium materiality

Develop reports that Lonsdale spent ten years at Byrnecut, including leading finance for Australian divisions from 2020. The issuer says those divisions and consulting business had combined turnover above A$2.5bn, without specifying a measurement year.

Attribution: Responsibility not applicable. The role-fit conclusion uses issuer-reported career history; turnover is employer-level, with period unspecified.

Relevance: Relevant to Develop’s contractor finance model.

Change of chief financial officer (p.1)

Evidence gaps

  • Exact dates and scope of Byrnecut roles, and whether he had any responsibility for Carosue Dam, remain unverified.

  • Qualifications, professional memberships, and additional material employers were not independently established.

  • Several unrelated UK-based namesakes appear in searches and were not attributed.

  • Broad name-and-employer searches were reused across adverse topics; dedicated individual checks across each regulator, court and past employer were not completed.