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Strike Energy Limited (ASX:STX)

ALERT: Price-sensitive ASX Announcement for STX
Current share price for STX : $0.097 -0.013 (-11.82%)+
Announcement
Release
11 May 2026 8:20AM
Price at Release
$0.110
Full Release
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Summary
Strike Energy Limited has announced significant changes to its Board and management team. Mr. Peter Stokes has resigned from his role as CEO and Managing Director and will be succeeded by Ms. Shelley Robertson effective 1 June 2026. An independent review prompted the retirement of John Poynton AO as Non-Executive Chair and Mary Hackett as Non-Executive Director, effective 30 June 2026. Mr. Nev Power will take over as Non-Executive Chair from 1 July 2026. The Board will be streamlined to four non-executive directors and a managing director. Ms. Robertson, who brings extensive experience in strategic planning and corporate governance, will receive a base salary of $680,000 and has performance rights based on share price targets.
Key Points
  • Mr Peter Stokes resigns as CEO and Managing Director of Strike Energy Limited.
  • Ms Shelley Robertson is appointed as the new CEO and Managing Director, effective 1 June 2026.
  • Following an independent Board review, John Poynton AO will retire as Non-Executive Chair and Mary Hackett will retire as Non-Executive Director effective 30 June 2026.
  • Nev Power is appointed as the Non-Executive Chair, effective 1 July 2026.
  • The Board is being reduced to four non-executive directors and a managing director.
  • Ms Robertson has extensive experience in strategic planning, corporate governance, and managing operations within the energy sector.
  • Shelley Robertson will receive a base salary of $680,000 per annum with performance rights contingent on company share price targets.
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.