Business
AGL chief Brett Redman abruptly resigns ahead of coal break-up plan – Sydney Morning Herald
The CEO of top Australian energy supplier AGL has resigned effective immediately, saying he is unable to commit to overseeing a plan to break up the business.
The head of Australian power giant AGL has abruptly resigned, saying he is unable to commit to seeing through the companys plans to break up its coal- and gas-fired power stations from its wider retailing business.
Brett Redman, who has been with AGL for 15 years and CEO for the past two years, has told the board he could not make a long-term commitment to overseeing the demerger of the nations biggest and oldest energy utility and has resigned, effectively immediately.
Outgoing AGL boss Brett Redman…
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