Astonishing Departure of Former Thames Water CEO Sarah Bentley Surprises New Chairman
‘Shock’: Former Thames Water boss Sarah Bentley stepped down last month
The new chairman of Thames Water expressed his surprise at the unexpected departure of former CEO Sarah Bentley.
Thames Water, the largest water group in the country, announced Bentley’s resignation last month, just hours before it was revealed that contingency plans were being made in case of Thames’ collapse.
Testifying before Members of Parliament yesterday, Sir Adrian Montague stated that he believed Bentley had reached a point where she felt overwhelmed by the demands of her position, emphasizing that her decision to step down was entirely personal and independent from the company.
Bentley’s departure occurred amidst growing criticism of her leadership, as well as Thames Water and the broader industry, which have faced scrutiny for leaks and the improper disposal of sewage in waterways.
During the 2022-23 financial year, Bentley’s compensation amounted to £1.6 million. In June, concerns about Thames Water’s stability emerged, but the company managed to secure a £750 million cash injection from shareholders. It was also revealed that an additional £2.5 billion will be required by 2030 to address the company’s £14 billion debt.
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