Outgoing AGL boss singled out by Greenpeace for company’s shockingly late embrace of coal
When Brett Redman, Chief Executive and Managing Director of Australia’s biggest energy generator and retailer, unexpectedly quit last month, the news promised intrigue. AGL, a giant in the Australian landscape, had recently announced it would split in two – a strange move which confused markets. Greenpeace today published an extensive report on the company, detailing how in the midst of global momentum away from fossil fuels in 2009, AGL actually divested from its renewable portfolio to turn toward coal, directed by Redman at the company helm.
AGL boss quits following decision to split the business
AGL’s Managing Director and CEO, Brett Redman, has left the company after he told its board he believed “he could not make a long-term commitment” as the energy giant moves to split into two separate entities.
