Severn Trent doubles CEO long‑term pay plan to £3.1m
Severn Trent Water company doubles CEO reward plan to £3.1m despite anger over water pay. Reward for what? 400m litres of water a day lost to leaks. Sewage dumped into rivers for 200,000 hours Customers fleeced No reservoir built since 1989 £12bn paid in dividends Must nationalise water.
Liv's Gaze(4 the gays🌈)13Funny how “we have to pay top dollar to attract the best talent” never applies to nurses or school teachers isn’t it? 🤔
Jack Moser7Something tells me the regulator is not ensuring that this water company is delivering on its public service obligations. Irrespective of ownership, lax regulation is the problem.
Geoff Balls6Like most listed companies, run for the benefit of its senior management first, shareholders second and everyone else not at all.
FairyKnuff5They fleece the public because they are allowed to do so. It is despicable.
William Mc3It’s very simple. CEOs such as this are rewarded for looking after shareholders. Not the customers, not the environment and not the country. We either renationalise the industry or regulate it so tightly that that it’s no longer an attractive place for these types of CEOs and investors.
angelM2My bill went up 40% this year. 😡 I’ll contact them and use this information to renegotiate.
Paul Burley10Privatisation 'benefits': 1. Efficiency and productivity 2. Capital investment and innovation 3. Lower prices through competition 4. Lower burden on public finances 5. No political interference Reality: 1-3. No. 4. We bail them out when it goes wrong. 5. Unless they misbehave, which they always do.
James Woodfield7The CEO is being paid eighteen times as much as the Prime Minister of the UK. He’s in charge of an operation which is currently endorsed by the UK government despite it apparently doing more damage than Palestine Action.
Ali2How does one secure a well rewarded job like this?
