AGM 2022, page-18

Directors have to put themselves up for re-election every third year, the managing director, I assume because he/she is an employee of the company, is exempt from this.

https://iknow.cch.com.au/360documen...rules-election-of-directors-rotation/overview

14.4 A director of an entity must not hold office (without re-election) past the third annual general meeting following the director's appointment or 3 years, whichever is longer. However, a director appointed to fill a casual vacancy or as an addition to the board must not hold office (without re-election) past the next annual general meeting of the entity. This rule does not apply to the managing director (but if there is more than one managing director, only one is entitled not to be subject to re-election). This rule also does not apply to an externally managed trust.