AGL Energy Limited announced that its Managing Director & CEO, Brett Redman, has resigned after almost 15 years with the company, including the past two-and-a-half years as CEO. Mr. Redman has advised the Board that he believed he could not make a long-term commitment beyond the proposed structural separation announced on 30 March 2021. As a result, the Board agreed it was appropriate to put in place alternative leadership arrangements now to facilitate the proposed structural separation. Mr. Redman’s resignation as a Director is effective immediately but he will remain available to AGL until the expiry of his notice period on 21 October 2021. AGL’s current Chairman, Graeme Hunt, has been appointed Interim Managing Director & CEO effective immediately and will step down as Chairman. Mr. Hunt will lead AGL throughout the process of planning for the structural separation, which is continuing, and includes consideration of the appropriate long-term leadership of the two proposed new businesses. Non-Executive Director Peter Botten has been appointed as Chairman, also effective immediately.