Aigrette Financing
(Issuer) Plc
Anglian Water Services
Limited
("Anglian Water" or "the
Company")
Board Succession
Announcement: Mark Thurston to be
appointed as Anglian Water Chief
Executive
The Board of Directors (Board)
of Anglian Water is pleased to announce the appointment
of Mark Thurston as Group Chief
Executive Officer Designate. Mark will join the business on 1 July 2024
and will be appointed to the board of both Anglian Water and
Anglian Water Group Limited on 5 August at which point he will succeed
Peter Simpson as Group Chief
Executive
Officer.
Mark is a highly experienced leader who, over more
than 30 years, has held leadership roles for major infrastructure projects
including the Olympics, Crossrail and most recently, High Speed Two
(HS2), as well as playing a key role in the growth of engineering
business CH2M. He was the longest serving CEO of HS2, the biggest
infrastructure project in Europe.
During his tenure he oversaw the development of an organisation and
joint venture partnership model with
the largest supply chain of any
infrastructure project in the
UK. With deep experience in both public and private sectors,
Mark has a strong track record on projects requiring
complex stakeholder engagement including high-profile regulatory
and governmental
interface.
Having started his career as a technician apprentice
on the London Underground, Mark became a chartered engineer,
honorary fellow of the Association for Project
Management, and fellow of the Institution of Civil
Engineers.
As announced in October
2023, Peter Simpson will
retire from the Board in August 2024,
and will remain with the business as a Strategic Advisor to support
a smooth leadership transition before taking
retirement.
Ros Rivaz, Chair of Anglian Water Group,
commented: "On behalf of the Board, I am delighted that
Mark Thurston will be joining Anglian
Water
as CEO. He has substantial experience
across major infrastructure with a focus on health and
safety, and is expertly placed to lead Anglian Water as we
deliver our biggest ever business
plan. His diverse experience in the challenges of providing
infrastructure while protecting and enhancing the natural
environment fits squarely with Anglian
Water's long-term ambitions.
Mark's stand-out track record in leadership
and his major projects expertise will be a huge
asset for Anglian Water, creating value for all our stakeholders,
through this crucial next
phase.
"It has been a tremendous honour
working with Peter, who has worked with our long-term
shareholders to deliver more than £5 billion of
investment in his 10 years as
CEO. Most recently, together with the Board,
Peter has worked to refresh his leadership team with top talent to
facilitate his succession."
Mark Thurston
commented: "It is a privilege to join Anglian Water at this
crucial point when the business will be delivering some of the
biggest infrastructure enhancements in the UK water industry. As
well as providing vital services for millions of customers, Anglian
Water has an outstanding culture, strong values and a
clear
purpose, which I am really excited to
be part of. My focus will be on making sure the
business is set up for success for the long term
and I look forward to engaging with customers,
colleagues, regional stakeholders, government, regulators and our
shareholders to deliver on our
objectives."
No other information is required to be disclosed
pursuant to Listing Rule 9.6.13R in relation to Mark Thurston's appointment
as the Group's Chief Executive
Officer.
Remuneration details will be included in Annual
Integrated
Report.
ENDS
For more information, please
contact:
Emma Staples, Corporate Affairs Director,
Anglian Water
Estaples2@anglianwater.co.uk
07809300738
Headland
Consultancy
Andy
Rivett-Carnac
07968
997365
Antonia Pollock
07789
954356
anglianwater@headlandconsultancy.com
Aigrette Financing
(Issuer) Plc LEI: 213800Y5R44IBGNSGT56