ENGLISH WATER FIRM DOUBLES CEO’S PAY DESPITE ‘ELEVATED CONCERN’ OVER FINANCES
https://i.guim.co.uk/img/media/f5aa52d77cdbac5d8c3b37bf8398d34259f395d9/588_0_4800_3840/master/4800.jpg?width=140&quality=85&auto=format&fit=max&s=8d7a9b8eba75d669aff0637a896d90f0
✍️ A water company serving 3.9 million customers in London and south-east England has doubled the pay of its chief executive, despite the regulator saying it had “elevated concern” over its financial situation.
👉 Affinity Water's chief executive, Keith Haslett, received £1.6m for the 2024-25 financial year, up from £709,000 the year before. 👉 The company's remuneration committee noted the 'unprecedented level of adverse public and political sentiment' around high pay for executives. 👉 The company's financial situation has improved after its owners agreed to invest £150m, easing financial pressures.
-- #KeithHaslett #LivGarfield #AdamStephens #London #South-eastEngland #Hertfordshire #Surrey #Essex #Kent #Bristol #Humber #Mid-Wales #EastMidlands #politics
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