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Atlassian co-CEO Cannon-Brookes takes 11% ownership of AGL Energy

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Atlassian Co-CEO Mike Cannon-Brookes poses for a photo with Utah Jazz co-owners, Dwyane Wade and Ryan Smith during Round 1 Game 3 of the NBA Playoffs on April 21, 2022 at vivint.SmartHome Arena in Salt Lake City, Utah.

Melissa Majchrzak | National Basketball Association | Getty Images

Atlassian Co-CEO Mike Cannon-Brookes has taken an 11% stake in Australia’s most prominent utility companies, AGL Energy, in an effort to force it to burn less coal, a major contributor to climate change.

The Australian software billionaire, who became a part owner of the United States’ Utah Jazz basketball team in 2020, bought the stake through his private investment group Grok Ventures. He’s now the largest…



Source cnbc.com

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