26 Apr 2023 07:00
26 April 2023
Thames Water Utilities Finance PLC
Director Changes
Thames Water Utilities Limited ("TWUL" OR "Thames Water") today announces that Ian Marchant, Chairman of TWUL, has informed the Board that he will step down from his post following publication of Thames Water's Full Year Results. Mr Marchant's decision comes as he approaches the end of his second three year-term.
The Board has launched a process with an external agency to find a new Chair.
Sarah Bentley, Thames Water's Chief Executive Officer, said: "On behalf of everyone at Thames Water, I would like to thank Ian for his commitment to the business over many years.
"In particular, I would like to thank him for his support as we developed the turnaround plan and began its implementation. All of us wish him the very best for the future.
"At Thames Water, our focus remains fixed on driving forward the turnaround plan to deliver the improved service our 15 million customers in London and the Thames Valley rightly expect. We are determined to deliver better customer service, improved asset condition, fewer leaks and healthier rivers."