The chief govt of London's water supplier has resigned with quick impact after criticism of her £1.6m pay packet and the corporate's environmental efficiency.
Thames Water introduced its chief govt Sarah Bentley was stepping down after lower than three years within the position.
The announcement comes simply weeks after it was reported that Ms Bentley will obtain pay and perks value £1.6m this yr - almost double her annual wage.
Update:Government planning for firm's collapse, Sky News learns
That is regardless of Thames Water saying she would surrender her bonus because of the water trade's continued struggles with sewage outflows and leaky pipes.
Raw sewage was pumped into the rivers and streams of the capital for greater than 7,000 hours final yr.
The determination to forgo a bonus had been described as a "flimsy PR stunt" by the GMB union.
In the interim, she is being succeeded by the corporate's chief monetary officer Alastair Cochran and the technique and regulatory affairs director, Cathryn Ross, till the seek for a everlasting alternative concludes.
Ms Bentley joined Thames Water in September 2020 after serving because the chief buyer officer at Severn Trent water firm for greater than 5 years.
It was funds to incentivise her transfer to Thames Water that led to the £1.6m pay award for 2023.
Susannah Streeter, from monetary service firm Hargreaves Lansdown, mentioned it was "highly unclear" why Ms Bentley had resigned from Thames Water.
But she added that "pressure had been mounting on water bosses over their high remuneration".
Danni Hewson, head of monetary evaluation at on-line funding platform AJ Bell, mentioned the resignation steered a "disagreement behind the scenes about the best way to deliver for the public".
"Her sudden departure will draw speculation about why she's stepping away so soon," she added.
Thames Water chairman Ian Marchant thanked Ms Bentley "for everything she has done" since she joined the enterprise, together with "building a first class executive team and leading the first phase of the turnaround of the company".
Ms Bentley mentioned: "It has been an honour to take on such a significant challenge, and a privilege to serve Thames Water's dedicated and inspirational colleagues.
"The foundations of the turnaround that now we have laid place the corporate for future success to enhance service for purchasers and environmental efficiency."
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