AGL Energy Limited (AGL) has announced that Chair, Patricia McKenzie, after five years as a NonExecutive Director and two years as Chair, will retire from the AGL Board following the release of AGL’s FY25
half year results in February (currently scheduled for 12 February 2025). The Board has appointed Miles
George as Chair-elect.
Ms McKenzie stated “It has been an honour to lead AGL, as Chair, during the last two years and to serve on
the Board during the last five years. When I became Chair, at a challenging period in AGL’s history, my
objective was to stabilise the company and set it on a path to take a leading role in the transition of the
energy industry towards a more sustainable future.
Since this time, a renewed Board and management team was put in place, including the appointment of
Damien Nicks as Managing Director & CEO in January 2023. Under my leadership, AGL announced a
refreshed strategy and released its inaugural Climate Transition Action Plan (CTAP) with strong support
from our shareholders. In line with this strategy, AGL moved forward the targeted closure date of the Loy
Yang A power station by up to 10 years than previously announced, the Liddell Power Station closed in April
2023, and we set an ambition to deliver 12 GW of renewable and firming capacity by the end of 2035. AGL
has made significant progress in delivering this strategy over the last two years, with the development
pipeline almost doubling to 6.2 GW since the release of the CTAP. AGL has significantly improved its
financial and operational performance over this period and demonstrated substantial progress towards the
energy transition and AGL’s retail transformation program.
Given this solid foundation, I will retire from the AGL Board following the release of AGL’s FY25 half-year
results in February 2025. I remain committed to chairing AGL until February and will continue to support
the management team and ensure an orderly handover to Miles. I am confident that AGL will continue on
this successful trajectory”.
Miles George stated “I am honoured to be appointed the next Chair of AGL and look forward to working
with AGL’s Board and management team to continue the delivery of AGL’s strategy and capitalise on the
opportunities arising from the energy transition. I would like to thank Patricia on behalf of the Board for her
outstanding contribution over the last five years”.
Miles George has more than 30 years’ experience in the energy and infrastructure sectors, with a focus on
development, investment and financing in the renewable energy industry in Australia and internationally.
His experience includes chairing the Clean Energy Council, Director of Spark Infrastructure, Managing
Director of Infigen Energy and CEO of CleanCo Queensland. He has also served as an adviser to the
Australian Energy Market Commission and the Australian Energy Market Operator on the energy transition.
Authorised for release by AGL’s Board of Directors.
