Steadfast announces Managing Director & CEO transition
Steadfast Group Limited (Steadfast) (ASX:SDF) announces that Mr Robert Kelly AM has advised the
Board of his intention to retire as the Company’s Managing Director & CEO.
Mr Kelly AM co-founded Steadfast Group in 1996 and led the Company’s listing on the ASX in
August 2013. Under his stewardship, Steadfast has transformed into Australasia’s largest general
insurance broker network and group of underwriting agencies and expanded internationally.
The leadership transition plan agreed by the Board and Mr Kelly AM follows succession planning
discussions which have been underway for some time and designed to enable a smooth change of
leadership.
The Board has engaged Spencer Stuart to support a comprehensive search process.
Ms Allen said “Our search process is progressing. The Board has confidence in the capability and
experience of Steadfast’s executive leadership team. Internal candidates are being considered
alongside external candidates as part of a thorough process.”
The Board expects to announce the appointment of the new Group CEO by the release of the FY26
results in August 2026.
It is intended that Mr Kelly AM will remain on the Board after his retirement and transition to a non-
executive director role. The Board feels continuity of industry relationships and an orderly
transition is in the interests of all shareholders. Mr Kelly AM will seek election as a non-executive
director at the next Annual General Meeting.
Mr Robert Kelly AM said: “It has been a privilege to play a leadership role in the creation of
Steadfast. I am extremely proud of the achievements of the Company; its strong track record
clearly demonstrates the strength of the business model and positions the business to deliver
sustainable value to our shareholders for many years to come.”
Steadfast Chair, Ms Vicki Allen, paid tribute to Mr Kelly AM: “In initiating and agreeing this transition
plan with the Board, Robert has demonstrated his strong commitment and service to
Steadfast. Robert’s contribution cannot be understated. His leadership has enabled Steadfast to
grow into Australasia’s largest general insurance broker network and group of underwriting
agencies with a strong track record of growth.”
