Article 6C57E Yorkshire Water boss’s decision to forgo bonus labelled ‘hollow’ by union

Yorkshire Water boss’s decision to forgo bonus labelled ‘hollow’ by union

by
Alex Lawson
from on (#6C57E)

Nicola Shaw, who made the announcement due to public anger over sewage in rivers, is in line for a windfall of more than 1m from her previous role

The boss of Yorkshire Water's decision to forgo her annual bonus due to public anger over sewage pollution of rivers has been labelled a hollow" gesture by a leading union, after it emerged that she was already in line for a windfall of more than 1m from a previous role.

Nicola Shaw, who joined from National Grid last year, will receive share awards worth 1.3m from the energy network operator next month under a long-term incentive plan initiated in 2020, according to its annual report released last week.

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