Pennon has announced that Steve Buck, Chief Financial Officer, has decided to step down for personal reasons.
In a statement, the company said that it fully support Steve’s decision, and the Board wishes him well for the future.
Steve was appointed to the Pennon Board in November 2023, and took up the role of CFO at the end of December 2023.
Steve will be succeeded, with immediate effect, by Laura Flowerdew, as the Board enacts its internal succession plan. Laura is Chief Customer and Digital Officer of Pennon Group and previously Chief Financial Officer at Bristol Water plc.
Susan Davy, CEO, said:
“Having had the opportunity to work closely with Laura over the past few years, she is perfectly placed to take on the role. Laura has a strong understanding of our business and brings with her significant leadership experience”.
The Company confirms that there is no other information to be disclosed under the requirements of Listing Rule 9.6.13 in relation to these appointments.