GrainCorp Begins Search for New Managing Director and CEO to Succeed Robert Spurway

Manish Choudhary

12 November 2026 10:15 AM AEDT

GrainCorp Begins Search for New Managing Director and CEO to Succeed Robert Spurway

Image Source: Krish Capital Pty Ltd

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GrainCorp Limited (ASX:GNC) has announced that its Board and Managing Director and CEO Robert Spurway have agreed to commence a succession process, with a comprehensive search now underway for the company's next Managing Director and CEO.

Key Points

GrainCorp's Board and Managing Director and CEO Robert Spurway have mutually agreed to begin a CEO succession process.
Mr Spurway, who has led GrainCorp for more than six years, will continue in the role while the Board conducts its search.
The Board is undertaking a comprehensive search process to identify a new Managing Director and CEO.
Since Mr Spurway joined as CEO, GrainCorp has delivered Total Shareholder Returns of 201 per cent, compared to 110 per cent for the ASX200 Index over the same period, from 1 April 2020 to 30 September 2026, assuming reinvestment of dividends.

CEO Succession Process Commenced

GrainCorp disclosed on 12 November 2026 that its Board and Mr Spurway have agreed that it is an appropriate time to commence a succession process. Mr Spurway will continue to lead the company while the Board undertakes its search, supporting an orderly transition to his successor. The company stated that further updates will be provided in due course as the Board works to identify a new Managing Director and CEO through the comprehensive search process.

Robert Spurway's Tenure at GrainCorp

Mr Spurway joined GrainCorp in 2020 following the demerger of the Malt business and a prolonged period of drought, and has led the company for more than six years. According to the filing, GrainCorp Chairman Peter Richards said the Board thanked Mr Spurway for his significant contribution to the company, noting that he had advanced strategic priorities that diversified and strengthened the resilience of the business. The filing also noted significant strategic and operational changes embedded during his tenure, underpinned by disciplined capital management.

Shareholder Returns During Spurway Leadership

The filing disclosed that since Mr Spurway joined as CEO, GrainCorp has delivered Total Shareholder Returns of 201 per cent, measured from 1 April 2020 to 30 September 2026, assuming reinvestment of dividends. This compares to the benchmark ASX200 Index, which returned 110 per cent over the same period. Mr Spurway said in the filing that the Board and he agree now is the right time to look for a new leader, citing a well-defined strategy and strong balance sheet at the time of the transition.

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