Beach Energy Ltd. announced current chairman Mr. Glenn Davis will retire as a director at the commencement of the 2023 Beach Annual General Meeting (AGM) on 14 November 2023. Mr. Davis has served as a director since 2007 and as chairman since 2012. Upon Mr. Davis' retirement, Mr. Ryan Stokes AO will be appointed Interim Chair until the preferred candidate becomes available.

Mr. Stokes has considerable experience as Managing Director of Seven Group Holdings Ltd. and as Chairman of Boral Ltd. and Chair of the National Gallery of Australia. As Mr. Stokes is managing director of SGH who are long term holders of 30% of Beach, the board will at the same time appoint Dr. Peter Moore as lead independent director.