AGL hit by backlash on carbon emissions and executive pay

By Brian Robins
Updated September 28 2016 - 6:08pm, first published 4:06pm
AGL's full-year financial result translated to a $6.9 million payout for the chief executive, Andy Vesey, up from $4.4 million a year earlier. Photo: Vince Caligiuri
AGL's full-year financial result translated to a $6.9 million payout for the chief executive, Andy Vesey, up from $4.4 million a year earlier. Photo: Vince Caligiuri
Protesters rally outside AGL Energy's annual meeting in Sydney. Photo: Christopher Pearce
Protesters rally outside AGL Energy's annual meeting in Sydney. Photo: Christopher Pearce

Energy utility AGL suffered its "first strike" on Wednesday as shareholders pushed back at the high level of executive pay at the company as it also faced criticism for moving too slowly to reduce its heavily reliance on coal-fired power plants.