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Image Credit: Guardian

English water firm doubles CEO’s pay despite ‘elevated concern’ over finances

  • 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.

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