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Felix Group Holdings Ltd (ASX:FLX)

ALERT: Price-sensitive ASX Announcement for FLX
Current share price for FLX : $0.056 -0.164 (-74.55%)+
Release
3 Nov 2025 9:45AM
Price at Release
$0.220
Full Release
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Summary
Felix Group Holdings Ltd announced a leadership transition with the resignation of Mike Davis, Co-Founder and CEO, effective from the Annual General Meeting on 12 November 2025. Mike Davis will remain as an advisor during the transition period. The Board has started a search for a new CEO to continue the company's growth strategy. In the interim, CFO James Frayne will act as Interim CEO. The Board expressed gratitude for Mike Davis's contributions, including the company's expansion and successful IPO. The transition aligns with the need for a Brisbane-based CEO to support the company's next phase of growth.
Key Points
  • Mike Davis, Co-Founder and CEO of Felix, resigns effective 12 November 2025.
  • Mike will continue as an advisor during the leadership transition.
  • James Frayne, CFO, appointed as Interim CEO.
  • Board has initiated a search for a new CEO.
  • Focus on appointing a leader for Felix's next growth phase.
  • Gratitude expressed for Mike Davis's decade-long leadership.
  • Transition aligns with the need for a Brisbane-based executive.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.