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2026-11-06

← LKE management

Full background report

Don Miller

Chief Financial Officer

Career chronology

Personal achievements

Relevant reported background

Prior roles and current tenure · issuer reported · medium materiality

Lake reports Miller was Bristow president, CEO and CFO with financial and capital-allocation experience.

Attribution: Individual involvement documented. Issuer reports the roles; individual contributions and independent confirmation are limited.

Relevance: Relevant to present responsibilities.

Half-year financial report for six months ended 31 December 2023 (PDF p. 7, printed p. 5); Board and management (Don Miller biography)

Business failures and setbacks

Bristow Chapter 11 and reorganization

2019 · documented · high materiality

Bristow filed for Chapter 11 in May 2019 with Miller as CEO. In October 2019 the company reported court confirmation of its plan, expecting new equity and emergence later that month.

Attribution: Role overlaps event; causation unproven. Company-level performance or overlapping role does not establish personal causation.

Relevance: Relevant to turnaround and financing experience.

Half-year financial report for six months ended 31 December 2023 (PDF p. 7: CFO identity and prior Bristow leadership); Bristow begins voluntary Chapter 11 (filing release); Court confirms Bristow reorganization plan (plan confirmation)

Litigation and enforcement

Bristow disclosure litigation settlement

2019–2021 · disputed · high materiality

Bristow’s SEC-filed statements named Miller as a defendant in a securities case alleging deficient disclosure of financing-covenant controls; defendants contested the claims. Plaintiffs’ co-counsel reports that a US$6.25 million class settlement received final court approval in August 2021. The settlement does not establish an individual finding of wrongdoing.

Attribution: Individual involvement documented. Miller was named as a defendant; the later settlement is not an admission or merits finding.

Relevance: Relevant to financial-control oversight.

Half-year financial report for six months ended 31 December 2023 (PDF p. 7: CFO identity and prior Bristow leadership); Bristow securities class action and litigation (federal securities class action); Kokareva v Bristow settlement (case overview)

Governance and interests

Cash and going-concern context

FY2026–September 2026 · documented · medium materiality

Lake’s FY2026 auditor drew attention to material uncertainty regarding going concern without modifying its opinion. The September quarter ended with A$10.129 million cash after A$7.9 million raised via share issues.

Attribution: Role overlaps event; causation unproven. Company-level performance or overlapping role does not establish personal causation.

Relevance: Relevant to finance oversight; no misconduct inferred.

Annual report year ended 30 June 2026 (PDF pp.54, 92); September quarterly activities and cash flow (PDF pp.3, 11)

Evidence gaps

  • Original settlement judgment and any individual contribution or admission were not retrieved.

  • Independently verified degrees and professional memberships remain incomplete.