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2026-11-06

← DVP management

Full background report

Felicity Hughes

Former Interim Chief Financial Officer

Career chronology

Education and qualifications

Issuer-reported finance credentials

2018 · issuer reported · low materiality

Newmont reports Hughes holds a Murdoch commerce degree, Columbia MBA and chartered accountant designation; no direct verification from institutions or membership body was obtained.

Attribution: Responsibility not applicable. Former employer biography, not independent credential verification.

Relevance: Relevant finance training.

Australia site tour presentation (slide 29)

Contributions and company outcomes

Newmont finance and integration experience

2018–2025 · self reported · medium materiality

Newmont’s 2018 presentation identifies her as Australian regional CFO, while Hughes later reported leading finance integration after the Newcrest acquisition. The individual contribution and realised integration benefits are not independently quantified.

Attribution: Individual involvement documented. CFO role is independently corroborated by the employer; integration details are self-reported.

Relevance: Relevant resource-sector finance experience during her interim term.

Australia site tour presentation (slide 29); Felicity Hughes career reflection (opening post)

Industrial safety

Newmont reported Boddington silicosis detection

2023 · issuer reported · medium materiality

Newmont’s 2023 sustainability report says a routine health check found early-stage silicosis at Boddington and it reviewed its health-surveillance programs. Hughes became Newmont Australia regional CFO in 2018 and later reported leaving Newmont in late 2025, but her precise role in 2023 and the worker’s exposure timeline are not established.

Attribution: Employer context; no individual link established. The issuer records a company health matter; there is no evidence of her individual involvement or operational fault.

Relevance: Former-employer health context with limited attribution.

Newmont 2023 sustainability report (workplace exposures section); Australia site tour presentation (slide 29)

Governance and interests

Interim CFO contract ended 29 October

2026-10-29 · documented · medium materiality

Develop states Hughes stepped down at contract completion on 29 October 2026 and David Lonsdale assumed interim CFO duties the same day.

Attribution: Individual involvement documented. The issuer identifies her departure; no negative reason is stated.

Relevance: Material current-roster correction.

Change of chief financial officer (p.1)

Evidence gaps

  • Exact transition from Australian CFO to Newmont global finance role not independently dated.

  • No independent confirmation of degrees or current accounting membership.

  • Boddington exposure cause and individual responsibilities not established.

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

  • Her specific Newmont role and duties at the 2023 Boddington detection date are unverified.