Adrian Bettio was elected as the league chairman for the next two years.
Bettio hails from the Bacchus Marsh Football Netball Club.
Wayne Baker and Robert Allan had served in a joint capacity before Bettio, who has previously been on the board as the league operations director.
The BFNL board departures included Matt Colley, Mark Baddeley and Peter Shanahan, with Barry Ag the inclusion. There is currently two casual vacancies on the board.
A statement from the BFNL said that "a healthy profit for clubs was made in 2019 to consolidate the standing of the league which was presented in the annual report".