Mike Cannon-Brookes succeeds in shaking up AGL board

All four of the billionaire Atlassian co-founder's proposed new directors secured seats on the board of Australia's largest carbon emitter

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Billionaire Mike Cannon-Brookes has succeeded in shaking up the board of Australia's biggest electricity producer, with all four of his proposed directors winning support from shareholders at AGL Energy's annual general meeting.

The company, though, won backing for its decarbonisation plans, which were less ambitious than those proposed by Cannon-Brookes, AGL's biggest single shareholder. AGL is the country's largest carbon emitter.