Santos chief executive Kevin Gallagher has vigorously rejected speculation that he is about to step down after nine years of leading Australia’s second-biggest natural gas producer, while taking a swipe at politicians over the handling of the energy transition.
A $6 million growth incentive that has tied Gallagher to Santos for the past four years lapses at the end of 2025, which has prompted calls from a proxy adviser, investors and analysts for clarity on the company’s chief executive succession plan.