Water Company Boss Gets £700k Payment Despite Bonus Ban - but Why Is It Still Allowed?
SOUTH EAST ENGLAND, INCLUDING SURREY, HAMPSHIRE, AND THE ISLE OF WIGHT, JUL 17 – Hosepipe bans by Thames Water and Southern Water respond to record dry conditions and critically low water levels, with leakage reduced by 13.2% since 2020, officials said.
Summary by Kent Online
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Southern Water Condemned For CEO Pay Rise
The new pay package of £1.4 million for the Chief Executive of Southern Water – almost double his previous salary – has been strongly criticised by Hastings MP Helena Dollimore. Southern Water was banned from paying bonuses to senior staff, but CEO Lawrence Gosden’s ‘fixed’ pay package of £687,000 is reported to have been supplemented by a ‘long term incentive plan’ adding a further £691,000 to his total remuneration. Ms Dollimore said “There is…
·Hastings, United Kingdom
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100% Center
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