Spacetalk Board to Shrink to Three Directors as Chair Georg Chmiel and Mike Rann Step Down at 2026 AGM

Aakashdeep

06 November 2026 11:23 AM AEDT

Spacetalk Board to Shrink to Three Directors as Chair Georg Chmiel and Mike Rann Step Down at 2026 AGM

Image Source: Krish Capital Pty Ltd

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Spacetalk Ltd (ASX:SPA) has disclosed that Non-Executive Chair Georg Chmiel and Non-Executive Director the Hon. Mike Rann AC will retire from the Board at the conclusion of the company's Annual General Meeting on 19 November 2026, with Non-Executive Director Andrew Grover set to succeed Mr Chmiel as Chair.

Key Points

Georg Chmiel and Mike Rann AC will step down from the Board at the conclusion of the 2026 AGM on 19 November 2026.
Andrew Grover, who has served as a Non-Executive Director since 8 April 2026, will assume the role of Chair.
The Board will reduce in size from five to three Directors following the departures.
The Board confirmed neither retirement is related to company performance, director performance, or any disagreement with the Board or management.

Board Departures and Stated Reasons

According to the filing, Mr Chmiel advised the Board of his decision to step down for personal and family reasons, while Mr Rann cited additional international responsibilities he has taken on as influencing his decision. The company stated that neither of the two roles vacated by the departing directors will be replaced. The Board confirmed there are no matters in connection with either retirement that need to be brought to the attention of shareholders, and that neither departure is related to the performance of the company, the performance of either director, or any disagreement with the Board or management.

Chair Succession and Board Size Reduction

Andrew Grover will assume the role of Chair of the Board from the conclusion of the 2026 AGM. Mr Grover has served as a Non-Executive Director since 8 April 2026. The Board determined that reducing its size from five to three Directors is appropriate for the company's current operations and stage of development. The filing states that the roles of Mr Chmiel and Mr Rann will not be replaced as part of this structural change to the Board's composition.

Tenure of Departing Directors

Both Mr Chmiel and Mr Rann joined the Spacetalk Board on 1 July 2022. The filing notes that during their tenure the company underwent a transformation, moving from a hardware business to a software-led business. Mr Grover, in a statement included in the filing, acknowledged the contributions of both departing directors, referencing Mr Chmiel's leadership through the transition to a software-led business and Mr Rann's experience in government, stakeholder engagement, and international relationships over their more than four years on the Board.

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