SDF.ASX: Managing Director & CEO stands aside

Managing Director & CEO stands aside

Stock	Steadfast Group Ltd (SDF.ASX)
Release Time	30 Oct 2025, 5:45 p.m.
Price Sensitive	Yes

This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA. The summaries are generated by large language models so please interpret with care.

Steadfast CEO stands aside for investigation

Key Points

Managing Director & CEO Robert Kelly AM stands aside temporarily
External investigation into workplace complaint against him
Tim Mathieson appointed as Acting CEO until investigation concludes

Full Summary

Steadfast Group Limited (ASX:SDF) has announced that its Managing Director & Chief Executive Officer, Mr Robert Kelly AM, has chosen to stand aside on a temporary basis to enable an external investigation to progress into a workplace complaint made against him. Mr Kelly AM will remain on full pay for the duration of the investigation. Given that the investigation into the allegations against Mr Kelly AM is ongoing, and that to date no allegations against him have been substantiated, the company states it would not be appropriate to comment further at this time. The Board will provide further details to the market once this investigation is completed. The Board has appointed Mr Tim Mathieson, CEO Australasian Broking, to the role of Acting Chief Executive Officer, effective immediately, and he will continue in that role until the conclusion of the investigation.