AGL

This is why McKenzie has exercised a spark of defiance coming into the company’s annual shareholder meeting by rejecting three of the four directors Grok put forward to join the AGL board.To…

Power giant AGL has declared it will stand behind its decision to reject all but one of the candidates for its board of directors put forward by billionaire investor Mike Cannon-Brookes,…

A Grok spokesman said it will Grok will engage directly with AGL’s 150,000 shareholders in the lead up to the AGM to explain the need for these candidates to “undertake the monumental amount…

“I think it’s what the market expected, but the capital required to roll out the transition will be the determining factor for its success. From that perspective, it’s a critical element,”…

And that has further opened the door to Cannon-Brookes to stamp his influence all over AGL, as evidenced a few weeks back when the company’s attempt to install its choice of a new chairman,…

Power and gas giant AGL has appointed a new chair and overhauled its board after abandoning long-held demerger plans to split its coal-fired power stations from its retail arm.Current…

Institutional shareholder Martin Currie said coal plant retirements in the 2040s were “too late” and out of step with the goals of the Paris climate agreement, which aims to limit global…

It is fair to say that Brookfield didn’t want to have its AGL share buying exposed at this early stage. It accumulated the stock in recent weeks and was staying under the mandatory 5 per…

Federal Energy Minister Chris Bowen convened an emergency meeting of his state and territory counterparts earlier this week to push ahead with sweeping market reforms aimed at ensuring a…

Australian tech billionaire Mike Cannon-Brookes has declared he will seek only one nominee to the board of power giant AGL instead of two, so long as he is confident the vacated positions…