Australia's largest generator AGL Energy has posted a slump in full-year profit amid "unprecedented" market conditions as it continues to search for a new boss.
"The second half has been one of the most challenging and complex periods in AGL's operating history," outgoing CEO Graeme Hunt told an investor briefing on Friday.
Mr Hunt said the selection process to appoint a new chair is "well-advanced" and would be announced before an annual general meeting in November and the global search for a managing director and chief executive officer was still underway.
