Old fellow went first and ran (7)
I believe the answer is:
managed
'ran' is the definition.
(I've seen this before)
'old fellow went first' is the wordplay.
I cannot really see how this works, but
'old' could be 'aged' (similar in meaning) and 'aged' is found in the answer.
'fellow' could be 'man' (fellow can mean a man) and 'man' is found within the answer.
This accounts for all the letters.
This explanation may well be incorrect...
'and' is the link.
Can you help me to learn more?
(Other definitions for managed that I've seen before include "Controlled, was in charge of" , "Coped" , "Contrived" , "Supervised (staff)" , "Ran, administered" .)