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AAP
AAP
Business
Prashant Mehra

Billionaire secures AGL board overhaul

AGL has welcomed new board members (from left) Christine Holman, Kerry Schott and John Pollaers. (Morgan Hancock/AAP PHOTOS) (AAP)

Billionaire Mike Cannon-Brookes has won shareholder approval to overhaul the board of AGL Energy, settling his long-running tussle to influence the future direction of Australia's biggest power producer.

The Atlassian co-founder's private company, Grok Ventures, had proposed former Tesla Energy director Mark Twidell, former Energy Security Board chair Kerry Schott, Metcash director Christine Holman and Professor John Pollaers as independent directors on AGL's board.

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