Southern Water Serv (Finance) Ltd Directorate Change (0002O)
June 07 2022 - 6:45AM
UK Regulatory
TIDM31HI
RNS Number : 0002O
Southern Water Serv (Finance) Ltd
07 June 2022
Southern Water announces Lawrence Gosden as CEO
Southern Water is pleased to announce that, Lawrence Gosden has
been appointed Chief Executive Officer (CEO) with effect from 1
July 2022. This follows the announcement at the start of the year
of Ian McAulay's intention to retire.
Lawrence returned to Southern Water in 2020 as Chief Operating
Officer. Having previously spent 12 years at Thames Water in a
variety of senior executive roles, he played a key role in
improving their environmental performance and increasing wastewater
customer service. Lawrence started his career as a graduate at
Southern Water and has over 30 years' operational and capital
programme delivery experience in the water industry.
Commenting on the appointment, Keith Lough, Chairman, said
"The Board and I would like to thank Ian for the leadership and
skill he has shown in carrying Southern Water through an enormously
challenging period. He has led the transformation across the
business and its culture, putting in place strong governance,
operational and systems changes, which have enabled new investment
in our business and from which we will now build.
On behalf of the Board, I would like to congratulate Lawrence on
his appointment, which follows an open and rigorous process. This
smooth succession will allow us to continue our capital investment
programmes and transformation at pace. His extensive knowledge and
leadership within the industry will be invaluable as we drive the
business forward. Importantly Lawrence will now lead us through the
development of the PR24 business plan covering the next regulatory
period."
Ian McAulay said
"It's been a privilege to have spent 37 years in the water and
environment sector, and to have been able to lead Southern Water
since 2017. I would like to thank both the Board and my colleagues
for the support they have shown to me in that time. The time is now
right to hand over the reins and I wish Lawrence success in his new
role as CEO and have every confidence that he will drive ever
increasing levels of performance going forwards."
Lawrence Gosden said
"I am delighted to be taking on the role of CEO at such a
pivotal moment. Southern Water has made great strides in improving
transparency and putting in place the foundations of change. We
know we must continue to improve, and quickly. Working with the
committed teams across Southern Water, we are ready to deliver the
next phase of the transformation our customers and the environment
deserves."
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