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Matthew Warren

Shock exit is bad news for AGL shareholders

The departure of Brett Redman comes at a pivotal time for the energy retailer as it navigates a challenging future.

Matthew WarrenEnergy expert
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The sudden departure of AGL chief executive Brett Redman is bad news for AGL shareholders at a critical time for Australia’s biggest energy company.

Redman last month announced a radical plan to split AGL in two: a greener New AGL taking retail and 21st-century technologies on one side, and a large-scale generator running AGL’s portfolio of coal, gas and large-scale renewables on the other.

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Matthew Warren is a former chief executive of the Australian Energy Council, the Energy Supply Association of Australia and the Clean Energy Council.
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    Original URL: https://www.afr.com/companies/energy/shock-exit-is-bad-news-for-agl-shareholders-20210422-p57ll7