Southern Water’s Chief Executive Officer (CEO), Ian McAulay, has announced that he will retire at the end of 2022 following the selection and well-managed transition to a successor.
Ian McAulay, CEO, Southern Water, said:
“After more than 35 years of working in the UK water industry and across the world, I have now reached the point where it is right to retire from full time work. I do so both to commit to spending much more time with my family, and to hand over the leadership of Southern Water to a new CEO at the appropriate time. That time is in the year ahead, at the end of which we will have delivered a second year of record investment and be well underway with developing our plans for AMP8. It is right for my successor to finalise the development of the Company Business Plan for AMP8, deliver the new regulatory settlement and lead the company into that period.
“My priority this year is to work with the board and leadership team to deliver Southern Water’s ambitious plans and ensure a smooth transition”.
Keith Lough, Chairman, Southern Water, said:
“As Ian announces his intention to retire at the end of the year, I thank him for his five years of dedicated service to the reformation of Southern Water. Whilst we continue on our journey of improvement we do so with a deeply improved culture and we will continue to see the benefits of the measures he has put in place in our customer, operational and environmental performance into the future.”
The process to identify and select a new CEO is now underway and an announcement regarding Ian’s successor will be made later this year.