South West Water Board
The Board of Directors comprises six Non-executive Directors (including the Chairman) and three Executive Directors.
All of the Non-executive Directors are considered to have the appropriate skills, experience in their respective disciplines and personality to bring independent and objective judgement to the Board's deliberations. Their biographies below demonstrate collectively a broad range of business, financial and other relevant experience.
There is a clear division of responsibilities between the roles of Chairman and the Group Chief Executive as recorded in the descriptions of the roles approved by the Board. All Directors are subject to re-election each year.
Sir John Parker - Chairman
GBE, FREng, DSc (Eng), ScD (Hon), DSc (Hon), DUniv (Hon), FRINA
Sir John was appointed to the Board as Deputy Chairman on 1 April 2015 and became Chairman on 1 August 2015. He is also chairman of the Nomination Committee.
Sir John is recognised as a highly experienced and independent chairman and brings a wealth of leadership experience across a range of industries. He was previously the chairman of National Grid Plc, senior non-executive director and chair of the Court of the Bank of England, deputy chairman of DP World, joint chair of Mondi and chair of BVT and P&O Plc.
Sir John is the chairman of Anglo American Plc. He is also a non-executive director of Carnival Corporation and Airbus Group. Sir John is a Visiting Fellow of the University of Oxford and was president of the Royal Academy of Engineering from 2011 to 2014.
Sir John's significant commitments in the year have reduced with his stepping down as deputy chairman of DP World in July 2015.
Nomination committee (Chairman)
Chris Loughlin - Group Chief Executive
BSc Hons, MICE, CEng, MBA
Chris was appointed to the Board on 1 August 2006 upon joining Pennon Group as Chief Executive of South West Water. He became the Group Chief Executive on 1 January 2016. Chris is chairman of the Pennon Executive Management Board and a member of the Sustainability Committee.
Chris was previously chief operating officer with Lloyds Register and earlier in his career was an executive director of British Nuclear Fuels Plc and executive chairman of Magnox Electric Plc. He was also a senior diplomat in the British Embassy, Tokyo. Chris started his career as a chartered engineer working in both the consulting and contracting sectors and subsequently held a number of senior positions with British Nuclear Fuels. Between April 2008 and March 2012 he was chairman of Water UK.
Currently Chris is vice chairman of the Cornwall Local Enterprise Partnership and a trustee and member of the audit committee of WaterAid. He is a board member (and past president) of the Institute of Water.
Dr Stephen Bird - SWW Managing Director
Prior to joining South West Water, Stephen held posts in the Welsh Water Authority, National Rivers Authority and Wallace Evans Consultants as an environmental consultant.
Stephen is a Director of Heart of the South West Local Enterprise Partnership and Pennon Pension Trustees. Fellow Institute of Directors, member of Water UK Council, Fellow of the Chartered Institution of Water and Environmental Management, Chartered Director and Masters in Business Administration. Fellow of the Chartered Institution of Water and Environmental Management, Chartered Director and Masters in Business Administration.
Louise Rowe - SWW Finance Director
Louise has been with South West Water for seven years, holding a range of managerial roles in the Finance Directorate prior to her appointment as Finance Director in February 2015.
A graduate qualified chartered accountant with KPMG, Louise is a member of the Water UK Financial Controllers' Group and Chair of Accounting for Sustainability's Natural and Social Capital Project.
Gill Rider - Senior Independent Non-executive Director
CB, PhD, CCIPD
Gill was appointed to the Pennon Board on 1 September 2012. She is chairman of the Sustainability Committee and a member of the Audit, Remuneration and Nomination Committees.
Formerly, Gill was head of the Civil Service Capability Group in the Cabinet Office reporting to the Cabinet Secretary and prior to that held a number of senior positions with Accenture LLP culminating in the post of chief leadership officer for the global firm. She was previously president of the Chartered Institute of Personnel and Development and a non-executive director of De La Rue Plc.
Gill currently holds non-executive directorships with Charles Taylor Plc, where she is senior independent director, and Intertek Group Plc. She is chairman of both their remuneration committees. She is also chair of the council (board) of the University of Southampton.
Sustainability committee (chairman)
Martin Angle - Independent Non-executive Director
BSc Hons, FCA, MCSI
Martin was appointed to the Pennon Board on 1 December 2008. He is chairman of the Remuneration Committee and a member of the Audit, Nomination and Sustainability Committees.
Formerly, Martin had senior positions with Terra Firma Capital Partners and various of its portfolio companies, including the executive chairmanship of Waste Recycling Group Limited. Before that he was the group finance director of TI Group Plc having previously held a number of senior investment banking positions with SG Warburg & Co. Ltd, Morgan Stanley and Dresdner Kleinwort Benson.
During the year, having completed his full terms of office, he retired from the boards of OAO Severstal, Shuaa Capital psc and the National Exhibition Group where he was chairman.
Martin is currently the senior independent director at Savills Plc, the vice chairman and non-executive director of the FIA Foundation, and the adviser to the board of the Commercial Bank of Dubai.
Remuneration committee (chairman)
Neil Cooper - Independent Non-executive Director
BSc Hons, FCMA
Neil joined the Pennon Board on 1 September 2014. He is chairman of the Audit Committee and is currently a member of the Remuneration and Nomination Committees.
Neil was previously group finance director of Barratt Developments Plc. Before that he was group finance director of William Hill Plc. He also held senior finance positions at Bovis Homes Plc and Whitbread Plc, worked for PricewaterhouseCoopers as a management consultant and held a number of roles with Reckitt & Colman Plc.
Audit committee (chairman)
Matthew Taylor - Non-executive Director
Matthew Taylor was Liberal Democrat MP for Truro & St Austell for 24 years (1987- 2010). In 2010, he became a member of the House of Lords (Lord Taylor of Goss Moor).
In 2009 Matthew founded the Rural Coalition (14 national organisations) concerned about rural development issues. He is Chairman of St Austell Eco-Town Strategic Partnership Board and Chairman of the National Housing Federation.
Martin Hagen - Non-executive Director
Martin Hagen is the Deputy Chairman of the Financial Conduct Authority's Regulatory Decisions Committee, Non Executive Member of the Audit and Risk Assurance Committee for the Department for Work and Pensions (DWP) and Governor and Audit Committee Chair of the University of the West of England. He has previously served as a Board member and President of the Institute of Chartered Accountants in England and Wales.