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The Latest Breaking News from Liv Garfield

Severn Trent doubles CEO reward plan to £3.1m despite anger over water pay

Increase to long-term incentive plan means James Jesic could significantly outearn predecessor Liv Garfield

The Guardian - UK

Severn Trent boss to step down after 11 years in top role

Liv Garfield is currently the longest serving female boss in the FTSE 100.

Evening Standard

Severn Trent chief executive to step down after becoming longest serving female boss in FTSE 100

Liv Garfield is currently the longest serving female boss in London’s blue chip share index, followed by GSK chief executive Dame Emma Walmsley,

The Independent UK

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English water firm doubles CEO’s pay despite ‘elevated concern’ over finances

Boss of Affinity Water, which serves 3.9 million customers in London and south-east, receives £1.6m

The Guardian - UK

United Utilities boss admits water firm ‘isn’t good enough at stopping sewage dumping’

Louise Beardmore, boss at England’s worst-polluting firm, tells MPs pollution rise partly down to extra monitors and wet weather

The Guardian - UK

Severn Trent’s profits triple as it fails drinking water risk rules

Half-year profits of £192m come despite being ‘in penalty’ over quality

The Guardian - UK

Severn Trent profits nearly triple despite non-compliance risk on water quality

The company serves about 4.6 million homes and businesses across the Midlands and Wales.

Evening Standard

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Sewage-spilling English water firms could be denied ‘top marks’ in rankings

Exclusive: Regulator plans tighter rules to stop polluters from using four-star rating to justify high CEO pay

The Guardian - UK

Tone deaf utility bosses get usual reward for failure

City Comment: The strong case for nationalising Severn Trent

Evening Standard

Severn Trent boss paid £3.2m despite firm’s fine for sewage spills in river

Liv Garfield’s pay included a £584,000 bonus despite firm’s £2m fine for spilling 260m litres of sewage into River Trent

The Guardian - UK

Severn Trent increases payout to shareholders despite its 60,000 sewage spills last year

Final dividend hiked by 9% as MPs write to Ofwat boss urging him to deny water firms’ requests in price review process

The Guardian - UK

The biggest corporate gaffes of 2023

It's that time of the year again. Here are 15 of the City desk's best corporate gaffes of 2023

Evening Standard

Severn Trent likely to be allowed to charge customers £60m extra

Water firm tells investors it is on track to claim reward for exceeding its own customer service targets

The Guardian - UK

Now, water bosses, you must show how capitalism can work for the common good

If there’s a lesson to be learned from the collapse of Thames Water, it is that utility giants have to pioneer a new kind of company

The Guardian - UK

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The Guardian - UK

Severn Trent chief proposes ‘social purpose’ water firms amid utilities crisis

Liv Garfield seeks backing from Labour for reforms as government eyes temporary renationalisation of Thames Water

Evening Standard

Water boss Garfield’s email to rivals is more collusion than good deed

City comment: Other utilities have their flaws, but at least they’re not pumping sewage into our rivers

Evening Standard

Secret email from Severn Trent water boss to rivals: stick together to fend off nationalisation

‘Please don’t forward this email,’ begs £4m-a-year water chief Liv Garfield

Daily Mirror

Bosses at nine water firms pocketed £13million last year - while YOU face higher bills

It follows reports water firms are planning to hike household bills by up to 40% to meet costs of the sewage crisis

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Birmingham Post

Severn Trent says big players should have acted faster over pouring raw sewage into our seas

Utility company said 'we should have given sewage activations much more attention and acted faster'

The Guardian - UK

Severn Trent dividend exceeds £260m amid rising anger over sewage pollution

Investor payout comes as company posts small profit increase and forecasts strong earnings growth

The Guardian - UK

As drought hits, what are UK water company chief executives paid?

Anger is growing over the huge sums handed to shareholders and executives

Birmingham Post

The 18 women leading top firms in the FTSE 350 in 2022

For every female boss in the FTSE 350 there are more than 18 men - these are the women leading the way

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