The Agile way would slow down particular changes, with practices like testing. The theory is that you take a little more time for every change in order to maintain optimum speed over the long term.
The equation of "we iterated faster == we're more Agile" is what I thought was retarded.
I do apologize if you clicked on it looking for something about Agile and then found it uninteresting and unengaging.
1. quick and well-coordinated in movement; lithe: an agile leap.
2. active; lively: an agile person.
3. marked by an ability to think quickly; mentally acute or aware: She's 95 and still very agile.
Yes, it's possible he's referring to Agile Programming but that's a stretch given all the other facts here.