BWX Limited advised of the departure of Managing Director, Mr. Rory Gration. Mr. Gration started with BWX Limited on 9 August 2018 and was appointed CEO on 1 March 2022. Mr. Gration and the Board have agreed his departure will take effect immediately, allowing Mr. Gration the opportunity to enjoy some much-needed family time while exploring other opportunities.

Replacing Mr. Gration as Managing Director with effect from 27 February 2023 is Mr. Thinus Keeve. Mr. Keeve has more than fifteen years experience in senior management roles, with his most recent role being Coles Limited where he was Chief Sustainability, Property and Export Officer. He has a Masters of Environment from the University of Melbourne and a Master of Science in International Management from the University of Lausanne and a Master of Economics from the University of Stellenbosch.

He has also completed the Senior Executive Program from the Stanford University Graduate School of Business. In line with the company's Board renewal commitment, the company also confirmed the appointment of Ms. Lisa Ronson as an independent non-executive director of the Company and Chair of the People & Culture Committee with effect on 27 February 2023. Ms. Ronson is a respected, award-winning marketing professional with over 25 years experience across several iconic Australian and global brands.

Ms. Ronson has a track record of building strong consumer brands, leading high-performing teams and growing retail sales and market share. Ms. Ronson has featured multiple times in the CMO Australia top 50 most innovative and effective list including being recognised as Australia's number one CMO in 2018. For five consecutive years, she has also featured in Asia Pacific's 50 most purposeful and powerful CMO list.

She was also named Australia's most prolific marketer in 2021. Most recently, Ms. Ronson worked as CMO for Coles Group. Prior to that, CMO for Tourism Australia.

Additional employers include; Westpac Group, CUB, David Jones and Visa International. She is a fellow, patron and active member of the Australian Marketing Institute, is an Australian Association of National Advertisers Board Director and was previously a Director of Flybuys (Loyalty Pacific). She is also an Adjunct Professor of Deakin University.