United Utilities Group PLC Directorate Change (4420J)
April 27 2022 - 2:01AM
UK Regulatory
TIDMUU.
RNS Number : 4420J
United Utilities Group PLC
27 April 2022
Classification: Director change
LEI: 2138002IEYQAOC88ZJ59
UNITED UTILITIES GROUP PLC
27 April 2022
United Utilities announces retirement of Steve Mogford in 2023
and appointment of Louise Beardmore as CEO designate
Following 12 years leading the transformation of United
Utilities to become one of the UK's top performing water and
wastewater companies, Steve Mogford has expressed his wish to step
down as CEO and retire from the Board early next year (2023).
As a result of Steve's decision, following a comprehensive
internal and external evaluation process, the United Utilities
Board today announces that Louise Beardmore, the company's Customer
Service and People Director, has been appointed as his successor.
Steve will continue to lead United Utilities until his retirement,
working with, and supported by, Louise.
To enable a smooth transition, Louise will join the Boards of
United Utilities Group PLC and United Utilities Water Limited as
CEO designate on 1 May 2022. She will lead the creation of the
company's PR24 business plan, covering the next five year
regulatory period.
Louise has extensive utilities experience, working in both
regulated and non-regulated environments in the UK and
internationally. She brings a wealth of knowledge and leadership
capability, a strong customer, people and community focus and a
track record of delivering outstanding results.
Steve said: 'It has been a real honour to lead such a wonderful
team that has succeeded on so many fronts. We're acutely aware of
the important role we play within our North West community and
Louise embodies all of the values to which we aspire. With her
boundless energy and commitment, I have no doubt she will lead
United Utilities to even greater success".
Louise said: "I am privileged to have been asked to lead an
organisation that cares passionately about the essential service we
deliver to seven million people in the North West. I look forward
to working with the team to ensure we continue to provide the
service and results our customers and stakeholders deserve and
expect; a business where colleagues are proud to work and an
organisation that is recognised as delivering for all communities
in our region".
Sir David Higgins, Chair of the United Utilities Board said:
"Louise has been at the heart of the company's transition to
becoming a leading performer in customer service, operational
delivery and employee engagement. She was the outstanding candidate
in a rigorous selection process including internal and external
candidates and the Board is delighted she has agreed to lead United
Utilities on Steve's retirement next year. Her experience,
strategic vision and constant customer focus will ensure we build
on the significant performance improvements we have achieved under
Steve's leadership."
This announcement contains inside information, disclosed in
accordance with the Market Abuse Regulation which came into effect
on 3 July 2016 and for UK Regulatory purposes the person
responsible for making the announcement is Simon Gardiner, Company
Secretary. There are no other disclosures required in respect of
this appointment pursuant to Listing Rule 9.6.13 (2) to (6).
United Utilities contacts:
Simon Gardiner, Company Secretary +44 (0) 1925 237071
Gaynor Kenyon, Director Corporate Affairs +44 (0) 7753
622282
Rob Lee, Head of Investor Relations +44 (0) 1925 237033
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END
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