Winds of change gather pace for biggest carbon-emitters

Winds of change gather pace for biggest carbon-emitters

The battle for stronger climate ambition for AGL appears far from over,especially now that billionaire investor activist Mike Cannon-Brookes’ board picks have been elected.

  • byNick Toscano

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AGL board dealt historic defeat as investor revolt installs new directors
Updated
Energy

AGL board dealt historic defeat as investor revolt installs new directors

Power and gas giant AGL has been dealt a stunning defeat after shareholders elected all four board candidates nominated by activist investor Mike Cannon-Brookes.

  • byNick Toscano
The Cannon-Brookes coup:Why AGL chairman’s future hangs in the balance

The Cannon-Brookes coup:Why AGL chairman’s future hangs in the balance

Only a matter of time:arguably AGL shareholders have not given Patricia McKenzie a sufficient mandate to remain as chair.

  • byElizabeth Knight
Cannon-Brookes’ AGL board picks win more support as vote looms

Cannon-Brookes’ AGL board picks win more support as vote looms

Power giant AGL is facing the escalating threat of a clash with investors as support builds behind a push to defy the board and elect new company directors.

  • byNick Toscano
Mike Cannon-Brookes in scathing attack on AGL board over nominees
Exclusive
Energy

Mike Cannon-Brookes in scathing attack on AGL board over nominees

The billionaire investor has hit back at claims his four nominees for the AGL board are not independent,and defended his agitation towards the company.

  • byNick Toscano
Billionaire Cannon-Brookes gains ground in bid to revamp AGL board

Billionaire Cannon-Brookes gains ground in bid to revamp AGL board

Billionaire Mike Cannon-Brookes’ push to install new directors to AGL has won the backing of an influential shareholder adviser ahead of a crucial vote.

  • byNick Toscano
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Cannon-Brookes redoubles calls for AGL shareholders to vote in new directors

Cannon-Brookes redoubles calls for AGL shareholders to vote in new directors

Mike Cannon-Brookes has again urged AGL shareholders to vote in favour of his preferred board candidates at the company’s annual general meeting next month

  • byAmelia McGuire
AGL board hopeful:Unless it moves fast,big tech could trample the energy sector
Opinion
Energy

AGL board hopeful:Unless it moves fast,big tech could trample the energy sector

As the world’s electricity utilities race to decarbonise,they are navigating the technology megatrends of decentralisation and digitalisation of the energy markets. Can traditional energy utilities evolve?

  • byMark Twidell
Can AGL resolve its boardroom drama to cash in on rising power prices?

Can AGL resolve its boardroom drama to cash in on rising power prices?

Rising energy prices are likely to flow through to the energy giant’s bottom line,but it has a corporate Game of Thrones to overcome first.

  • byAngus Thomson
EPA failed community by not going tough on power stations,court told

EPA failed community by not going tough on power stations,court told

Victoria’s environmental regulator has been accused of allowing three coal-fired power stations to contaminate the air with millions of tonnes of pollution.

  • byEmily Woods
AGL chairman fires up to avoid becoming Cannon-Brookes’ fodder

AGL chairman fires up to avoid becoming Cannon-Brookes’ fodder

AGL sits in an uncomfortable position where the board,led by Patricia McKenzie,is technically in control but Michael Cannon-Brookes’ Grok appears to be in de facto charge.

  • byElizabeth Knight