Carnarvon Energy announced management and board changes following discussions with major shareholders Nero Resource Fund and Collins St Asset Management.

The company's CEO and managing director, Adrian Cook, has retired, with COO Philip Huizenga appointed as the new CEO.

Russell Delroy and William Barker were appointed as non-executive directors, while Debra Bakker will retire from the board.

Chair William Foster and director Gavin Ryan are also planning to retire from their roles in 2024.