Friday, August 24, 2018

AGL Energy chief executive Andy Vesey quits while succession process continues

AGL chief executive Andy Vesey has resigned from the energy company after a controversial four years in the role marked by a tense relationship with Canberra over energy policy.

Mr Vesey will be temporarily replaced by AGL chief financial officer Brett Redman while a domestic and international search gets underway.

The sudden exit comes after the company rejected earlier speculation that Mr Vesey would quit or retire after delivering AGL's full year results.

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