Affinity Water, a company serving 3.9 million customers in London and south-east England, doubled its CEO's pay to £1.6m despite financial concerns.
The water company faced scrutiny for the significant pay increase, especially as public anger over infrastructure issues and sewage spills grows.
The CEO of Severn Trent, another water company, was awarded £3.3m for the 2025 financial year, adding to concerns about executive pay in the industry.
Despite financial pressures and criticism, Affinity Water's CEO's pay increase included a new retention payment, long-term incentive plan, and bonuses.