Article 3T226 Thames Water drains chief's bonus over missed leak targets

Thames Water drains chief's bonus over missed leak targets

by
Julia Kollewe
from on (#3T226)

Steve Robertson's bonus stopped for two years after firm hit with 55m Ofwat fine

Thames Water will not pay its chief executive a bonus for the next two years and after that will link it to leak and pollution targets being met.

Britain's biggest water company was recently fined 55m by the watchdog Ofwat and ordered to pay 65m to customers for failing to adequately tackle leaks in 2017. It has warned it will miss its leak targets again this year.

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