AGL CIO departs in exec restructure

AGL CIO, Owen Coppage, will leave the organisation following an executive restructure announced on Thursday. Coppage has been CIO at AGL since 2005.

The company’s new structure has 7 core business units with leaders on its executive team.

AGL has rolled finance and IT into one unit and created a new role of executive general manager, finance technology. IT business partnering, technology services, business analytics, and IT strategy and architecture will report to the new executive GM.

The digital and customer experience executive will report to the executive GM, energy market operations under the new structure.

Other business units comprise new energy, stakeholder relations, group operations, organisational transformation, and people and culture.

AGL CEO, Andy Vesey said in an ASX statement that the restructure will deliver cost savings and involve some modest headcount reductions.

“I am making a number of changes to our leadership structure to capitalise on the opportunities that this dynamic environment will present in the years ahead,” he said.

“These changes position AGL to deliver on our strategy to provide improved products and services for our customers and to drive world class productivity and capability across the organisation,” he said.

AGL said the selection process for the new roles will begin immediately and current executive team members have been invited to consider these new positions.

Most new appointments are expected to be completed by May 1 while others involving external search will be in place by July 1, the company said.

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