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Santos CEO says he’s not going anywhere, hits out at politicians

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.

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Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.com
Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com

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    Original URL: https://www.afr.com/companies/energy/santos-ceo-not-leaving-attacks-politicians-for-creating-energy-instability-20250407-p5lpob