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Board of Directors

For the year ended 30 June 2020

The Directors present their report together with the financial statements of AGL Energy Limited and its controlled entities for the year ended 30 June 2020. The sections of our Annual Report titled Managing Director & CEO's Report, Five-Year Summary, COVID-19 Response, Purpose, Values & Strategy, Operating Environment, How We Create Value, Business Value Drivers and Financial Review comprise our operating and financial review (OFR) and form part of the Director's Report. The Corporate Governance Summary, Remuneration Report and Other Required Disclosures also form part of the Directors' Report.

The names of the persons who have been Directors, or appointed as Directors during the period since 1 July 2019 and up to the date of this Report are Brett Redman (Managing Director & CEO), Graeme Hunt, Les Hosking, Jacqueline Hey, John Stanhope, Peter Botten, Diane Smith-Gander, Patricia McKenzie and Mark Bloom.

Details of the skills, qualifications, experience and responsibilities of AGL’s Directors as at the date of this Report are set out below.


Graeme Hunt

Non-Executive Director since September 2012 and Chairman since 27 September 2017.

Age 63. MBA, BMET, FAus IMM

Current Directorships: Chairman of BIS Industries Limited and Member of CSIRO Energy Advisory Council. Director of the Future Battery Industry Collaborative Research Centre.

Former Directorships of listed companies over the past 3 years: Nil.

Experience: Graeme has extensive experience in establishing and operating large capital projects including in energy intensive industries. He was previously Managing Director of Broadspectrum Limited and Managing Director of Lihir Gold Limited. He has also held a number of senior executive positions in a 30 year career with the BHP Group.


Brett Redman

Managing Director & CEO since January 2019.

Age 50. BCom, FCA, GAICD

Current Directorships: Chair of the Australian Energy Council.

Former Directorships of listed companies over the past 3 years: Nil

Experience: Brett has over 25 years of experience in senior finance roles in large blue-chip industrial companies, with expertise in leading group strategy and finance in the Energy and Utilities sector. Before joining AGL in 2007, Brett held numerous finance roles at BOC in the South Pacific and North America, Email and CSR, which was complemented by his background in chartered accounting at Deloitte. Prior to Brett’s appointment as AGL’s Managing Director and CEO, Brett was AGL’s CFO since 2012, where he was responsible for leading growth initiatives including the acquisitions of the Loy Yang A and Macquarie power stations, as well as the creation of the Powering Australian Renewables Fund.


Mark Bloom

Non-Executive Director since 1 July 2020

Age 62. BCom, BAcc, CA

Current Directorships: Director of Pacific Smiles Group Limited (commenced 18 October 2019).

Former Directorships of listed companies over the past 3 years: Nil.

Experience: Mark has over 35 years’ experience as a Finance Executive. Mr Bloom was CFO at ASX listed Scentre Group Limited from its formation in July 2014 until his retirement in April 2019. Prior to the formation of Scentre Group Limited, Mark was the Deputy Group CFO of Westfield Group for 11 years.

Mark's executive career includes acting as CFO and an Executive Director at three listed entities in Real Estate (Westfield and Scentre Group – 16 years) and Insurance and diversified Financial Services (Liberty Life, South Africa and Manulife Financial, Toronto – 20 years). Mark has extensive experience in overseeing global and local finance and IT teams.


Peter Botten AC, CBE

Non-Executive Director since October 2016.

Age 65. BSc, ARSM

Current Directorships: Council Member of the Australia PNG Business Council, Chairman of the Oil Search Foundation, NiuPower Limited, Hela Provincial Health Authority and the National Football Stadium Trust in Papua New Guinea.

Former Directorships of listed companies over the past 3 years: Managing Director of Oil Search Limited from 28 October 1994 to 25 February 2020.

Experience: Peter was Managing Director of Oil Search Limited from 28 October 1994 until 25 February 2020, overseeing its development into a major Australian Securities Exchange-listed company. Peter has extensive worldwide experience in the oil and gas industry, holding various senior technical, managerial and board positions in a number of listed and government-owned bodies.


Jacqueline Hey

Non-Executive Director since March 2016.

Age 54. BCom, Grad Cert (Mgmt), GAICD

Current Directorships: Director of Qantas Airways Limited (commenced 29 August 2013) and Cricket Australia, Chair of Bendigo and Adelaide Bank Limited (Director from 5 July 2011 and Chair from 29 October 2019) and Member of Brighton Grammar School Council.

Former Directorships of listed companies over the past 3 years: Jacqueline was a director of Australian Foundation Investment Company Ltd from 31 July 2013 until 18 January 2019.

Experience: Jacqueline enjoyed a successful executive career prior to becoming a full-time company director in 2011. Jacqueline has extensive experience in the areas of information technology, telecommunications and marketing. Jacqueline worked with Ericsson for more than 20 years in finance, marketing and sales and in leadership roles in Australia, Sweden, the UK and the Middle East including as Managing Director of Ericsson UK/Ireland, Saudi Arabia and Australia/NZ.


Leslie Hosking

Non-Executive Director since November 2008.

Age 75.

Current Directorships: Adjunct Professor of the University of Sydney John Grill Centre for Project Leadership. Group Executive of Market Infrastructure at FEX Global.

Former Directorships of listed companies over the past 3 years: Les was a Non-Executive Director of Adelaide Brighton Limited from 10 June 2003 until 16 May 2018 (Chairman from 17 May 2012 until 16 May 2018) and a Director of Magnis Energy Technologies Limited from 5 March 2019 until 21 February 2020 (Interim Managing Director from 31 January 2020 to 21 February 2020).

Experience: Les has over 30 years of experience in trading, broking and management in metals, soft commodities, energy and financial instrument derivatives in the global futures industry. He was a Director of The Carbon Market Institute Limited, Innovation Australia Pty Limited, Australian Energy Market Operator Limited (AEMO), and Managing Director and Chief Executive Officer of NEMMCo.


Patricia McKenzie

Non-Executive Director since May 2019.

Age 64. LLB FAICD

Current Directorships: Director of The Housing Connection. Chair of NSW Ports and the Sydney Desalination Plant group companies.

Former Directorships of listed companies over the past 3 years: Patricia was a director of APA Group from 1 January 2011 to 8 March 2019.

Experience: Patricia has 40 years’ experience in the Australian energy sector with particular focus on matters of market design, industry governance and regulatory reform. She was previously the Chair of Essential Energy, a director of Macquarie Generation and Transgrid, CEO of the Gas Market Company from 2001 to 2008 and a member of the Gas Market Leaders Group representing gas market operators from 2005 to 2010. In these roles, she was a key participant in the Council of Australian Government’s National Energy Reform, a major outcome of which was the establishment of the Australian Energy Market Operator (AEMO), of which she was a Director (2009 to 2011) .


Diane Smith-Gander AO

Non-Executive Director since September 2016.

Age 62. BEc, MBA, FAICD, FGIA, Hon. DEc, FAIM, GAICD

Current Directorships: Chair of Safe Work Australia, the Committee for Economic Development of Australia and the UWA Business School Advisory Board, Director of Wesfarmers Limited (commenced 27 August 2009), North Queensland Airports Group, Keystart Loans Group and HBF Health Limited.

Former Directorships of listed companies over the past 3 years: Nil.

Experience: Diane has extensive Australian and international experience in banking and finance, technology, and strategic and management consulting. This includes as a former partner at McKinsey & Company, and Group Executive IT and Operations, Westpac Banking Corporation.


John Stanhope AM

Non-Executive Director since March 2009.

Age 69. BCom (Economics and Accounting), FCPA, FCA, FAICD, FAIM, FAHRI

Current Directorships: Chairman of Port of Melbourne, The Bionics Institute of Australia and Melbourne Jazz Limited, Chancellor of Deakin University and Vice Chair of the International Integrated Reporting Council.

Former Directorships of listed companies over the past 3 years: Nil.

Experience: John has many years of experience in senior positions in financial, communications and other commercial roles. He was previously a member of the Financial Reporting Council, Chairman of Australia Post and a Director of RACV Ltd and of Telstra Corporation Limited.

Composition of Board Committees
as at 30 June 2020

Director

Status

Audit & Risk Management Committee

People & Performance Committee

Safety, Customer & Corporate Responsibility Committee

Nominations Committee

Graeme Hunt

Independent

Chair

Brett Redman

Managing Director & CEO

Jacqueline Hey

Independent

Chair

Les Hosking

Independent

Patricia McKenzie

Independent

Peter Botten

Independent

John Stanhope

Independent

Chair

Diane Smith-Gander

Independent

Chair

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