Incitec Pivot Limited announced that Mr. Brian Kruger has stepped down as IPL Chairman and as a non-executive director immediately, due to personal reasons. The Board has appointed current non-executive director Mr. Greg Robinson to succeed Brian, with the change taking effect on 11 November 2023. Brian has been a director of IPL since June 2017 and was appointed Chairman of the Board in July 2019.

During his tenure as Chairman, the Company has delivered sustained earnings for shareholders through the challenges of the COVID-19 pandemic and a changing geopolitical landscape. Brian has steered the Company's strategy to separate IPL's two industry leading businesses, and significant achievements for the Company during Brian's tenure include the sale of the Waggaman ammonia manufacturing facility in the US (and securing long term ammonia supply for the Dyno Nobel Americas business), the successful partnership with Perdaman for a 20-year urea offtake arrangement, development of industry leading product technologies, as well as IPL's clear roadmap for decarbonisation. Greg joined the IPL Board in November 2019 and has been the Chairman of the Remuneration Committee, member of the Audit and Risk Management Committee and member of the Nominations Committee.

Greg has extensive experience in the resources and finance industries, having held senior executive roles at Newcrest Mining, BHP, Lattice Energy and Merrill Lynch, spanning over 30 years. Greg remains a non-executive director of Royal Automobile Club of Victoria (RACV) Limited and Rex Minerals Limited. IPL also announced that Mr. George Biltz has advised that he will not seek re-election as a non-executive director at the next Annual General meeting and will retire from the IPL Board at the conclusion of IPL's 2023 Annual General Meeting to be held on 20 December 2023.