Mike Cannon-Brookes to back new AGL board members in bid to clean up climate polluter

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Tech billionaire will support four independent non-executive directors to transform the company

The company had sought to demerge into a mostly retail arm and a company with its remaining coal-fired power plants.

, the neighbouring Bayswater plant was to close “no later than 2033” while its Loy Yang A power station in Victoria’s Latrobe Valley would run until 2045.The four new board candidates would be voted on at AGL’s annual general meeting, planned for 15 November. “Sentient considers that businesses and governments are underestimating the complexity of accelerating the energy transition,” a spokesperson said.

Similarly, Chris Kinnersley from Snowcap, said AGL’s board “urgently requires fresh ideas and a renewed culture of excellence”

 

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