Who is the New CFO of Vulcan Energy Felicity Gooding? — ASX:VUL| ASX Mining News & Discussion

$VUL Who is the New CFO of Vulcan Energy Felicity Gooding?

Vulcan Energy Resources Appoints New Group CFO: A Strategic Move for Growth

Vulcan Energy Resources Limited (Vulcan, ASX: VUL, FSE: VUL), with a market capitalization of $372 million, has announced the appointment of Ms. Felicity Gooding as the new Group Chief Financial Officer (CFO). This strategic move comes at a pivotal time as the company embarks on financing its ambitious Zero Carbon Lithium™ Project.

Background of Ms. Felicity Gooding: A Wealth of Experience

Ms. Gooding is a seasoned finance executive with over two decades of experience in strategic and financial analysis, debt funding, corporate finance, and governance. Her career spans across several continents including Australia, Singapore, London, and Washington DC, bringing a global perspective to Vulcan.

Previous Roles and Achievements

Fortescue Limited: Played a key role in obtaining expansion finance totaling US$3.5 billion.
Fortescue Future Industries: Served as CFO and Global Head of Commercial, leading the finance team ... in securing funding for green energy projects.
Minderoo Foundation: Held positions as Deputy CEO, COO, and CFO.
Tatterang: Served as COO and CFO for Andrew and Nicola Forrest’s private family office and investment vehicle.

Directorship and Professional Affiliations

Ms. Gooding's director experience is extensive, having served on boards like Poseidon Nickel, the Freedom Fund, Impact Minerals Limited, and Zhero BV1. She is also a fellow of the Australian Institute of Chartered Accountants and a member of the Australian Institute of Company Directors.

Vulcan's Zero Carbon Lithium™ Project: Phase 1 Financing Underway

Ms. Gooding’s appointment is timely as Vulcan is in the process of financing Phase 1 of its Zero Carbon Lithium™ Project. Her experience in large-scale financing is expected to be a significant asset for the project's various phases.

Transition and Management Commentary

Mr Robert Ierace, the former CFO-Australia, will step down effective 15 January 2024 but will remain with the company until the end of March. This transition period is designed to assist Ms. Gooding and ensure a smooth handover. Vulcan has expressed gratitude to Mr. Ierace for his contributions during a period of significant growth for the company.

CEO's Perspective

Cris Moreno, Managing Director and CEO of Vulcan, expressed enthusiasm over Ms. Gooding's appointment. He highlighted her extensive global CFO experience and in-depth knowledge of capital markets, debt, and equity structures as crucial for Vulcan’s next stage of commercial growth, especially in the financing of major projects.

Ms. Felicity Gooding's appointment as Vulcan's new Group CFO marks a strategic enhancement to Vulcan's leadership team. Her global experience, particularly in the financing of large-scale green energy projects, aligns perfectly with Vulcan’s objectives for the Zero Carbon Lithium™ Project.

This change in leadership is a clear indication of Vulcan's commitment to advancing its position in the lithium market, essential for the global shift towards clean energy and decarbonization. The company's leadership and shareholders likely anticipate that Ms. Gooding's expertise will steer Vulcan through its next phase of growth and solidify its role in the sustainable energy sector.

1 Like