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

Sir John Parker Chairman

Appointment Sir John was appointed to the South West Water Board on 31 July 2015 having been appointed to the Pennon Group Plc Board as Deputy Chairman on 1 April 2015.

He became Chairman of both boards on 1 August 2015. He is also chairman of the Nomination Committee.

Skills and experience Sir John is a highly experienced and independent chairman and brings a wealth of leadership experience across a range of industries. He won the lifetime achievement award at The Sunday Times 2015 Non-Executive Director Awards and is widely recognised for his policy work on corporate governance, including the value of diversity in the boardroom.

He has chaired five FTSE100 companies and 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. He was also president of the Royal Academy of Engineering from 2011 to 2014.

External appointments Sir John is the chairman of Anglo American Plc and Advanced Plasma Power Limited. He is also a non-executive director of Carnival Corporation, Airbus Group and is a Visiting Fellow of the University of Oxford. Sir John’s outside commitments are expected to reduce in 2017, when he retires from the board of Anglo
American plc.

Dr Stephen Bird

Dr Stephen Bird Managing Director

Appointment Stephen was appointed to the Board on 1 March 2000 and was appointed to the position of Managing Director of South West Water on 1 January 2016.

Skills and experience 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.

He is a Fellow of the Chartered Institute of Environmental Managers, fellow of the Institute of Directors and holds an MBA.

External appointments Stephen is Director of the Heart of the South West Local Enterprise Partnership and a member of Water UK Council.

Louise Rowe

Louise Rowe Finance Director

Appointed South West Water Finance Director on 1 February 2015.

Skills and experience Louise has been with South West Water for over eight years, holding a range of managerial roles in the Finance Directorate prior to her appointment as Finance Director.

She is physics graduate and qualified as a chartered accountant with KPMG.

She was recently appointed Non-executive Director for the Cornwall and Isles of Scilly Local Enterprise Partnership.

External appointments Louise is a member of the Water UK Finance Directors Forum and the Prince of Wales’ Accounting for Sustainability’s Finance Culture Project. She was recently appointed Non-executive Director for the Cornwall and Isles of Scilly Local Enterprise Partnership.

 Chris Lughlin

Chris Loughlin Pennon Group Chief Executive Officer

Appointment Chris was appointed to the Board on 1  August 2006 as Chief Executive of South West Water. He became the Pennon Group Chief Executive Officer on 1 January 2016.

Chris is a member of the Sustainability Committee.

Skills and experience Chris has extensive experience of the regulated business environment and the management of major engineering and infrastructure services. He started his career as a chartered engineer working in both the consulting and contracting sectors and, after holding a number of senior positions with British Nuclear Fuels plc, joined its board as an executive director. Prior to joining Pennon he was chief operating officer with Lloyds Register and before that executive chairman of Magnox Electric plc. He was also a senior diplomat in the British Embassy, Tokyo.

Chris has a comprehensive understanding of the water industry. He was previously a board member (and, for a period, president) of the Institute of Water, and between April 2008 and March 2012 was chairman of Water UK.

External appointments Chris is currently chairman of British Water, a director of Water UK and a trustee of the charity WaterAid. An enthusiastic advocate of local business, Chris is also vice chairman of the Cornwall Local Enterprise Partnership.

 Susan Davy

Susan Davy Pennon Group Chief Financial Officer (1)

Skills and experience Susan is a member of the Pennon Board and Pennon Executive.

Susan is a graduate qualified chartered accountant with 20 years’ experience in the utility sector.

Prior to her current appointment Susan was Finance Director
at South West Water between 2007 and 2015, during which time she was responsible for the company’s Business Plan to 2020. She has also held a number of other senior finance roles in the water sector, including as Head of Regulation and Head of Finance (Wastewater) at Yorkshire Water.

Susan’s knowledge of the industry coupled with her financial and regulatory expertise has supported the development of the group’s strategy and her input has been invaluable to the Board in its deliberations.

(1) In attendance at the South West Water Board

 Martin Angle

Martin Angle Non-executive Director

Appointment Martin was appointed to the Board on 1 April 2016, having been appointed to the Pennon Group Plc board on 1 December 2008. He is chairman of the Remuneration Committee and a member of the Audit, Nomination and Sustainability Committees.

Skills and experience Martin is an experienced non-executive director, bringing a wide range of knowledge and experience from a career in investment banking, private equity and industry.

Over a 20-year executive career in investment banking, Martin held senior roles with
SG Warburg & Co. Ltd, Morgan Stanley and Dresdner Kleinwort Benson, before becoming the group finance director of TI Group plc, then a FTSE 100 company. He subsequently joined Terra Firma Capital Partners where he held various senior roles in its portfolio companies, including the executive chairmanship of the Waste Recycling Group Limited, then a major participant in the UK waste sector, and Le Meridien Hotel Group where he was executive deputy chairman.

Martin has also served as a non-executive director on a number of boards including Savills
plc, where he was the senior independent director; National Exhibition Group, where he was chairman; Severstal; and Dubai International Capital.

External appointments Martin is currently vice chairman and non-executive director of the FIA Foundation, the adviser to the Board of the Commercial Bank of Dubai and the adviser to NGP, a private group based in the USA, which is building out a major platform in renewable energy in emerging markets.

Neil Cooper

Neil Cooper Non-executive Director

Appointment Neil was appointed to the Board on 1 April 2016, having joined the Pennon Group Plc Board on 1 September 2014. He is chairman of the Audit Committee and a member of the Remuneration and Nomination Committees.

Skills and experience Neil brings to the Board extensive experience in a wide variety of corporate and financial matters. Most recently, is Chief Financial Officer of Currencies Direct Limited and have previous roles of group finance director of Barratt Developments plc and, before that, group finance director of William Hill plc and Bovis Homes plc.

He also held senior finance positions at Whitbread plc, worked for PricewaterhouseCoopers as a management consultant and held a number of roles with Reckitt & Colman plc.

External appointments None.

 Martin Hagen Martin Hagen Non-executive Director

Appointment Martin was appointed to the Board on 1 September 2010.

Skills and experience Martin was previously Deputy Chairman of the Financial Conduct Authority’s Regulatory Decisions

Committee, a board member and President of the Institute of Chartered Accountants in England and Wales and senior partner of Deloitte’s West of England practice.

External appointments Martin is an independent member of the Audit and Risk Assurance Committee of the Department for Work and Pensions (DWP), Governor and Audit Committee Chair of UWE Bristol and a Board member and Audit Committee. He is also Chair of Companies House.

 Gill Rider Gill Rider Non-executive Director

Appointment Gill was appointed to the Board on 1 April 2016, having been appointed to the Pennon Group Plc board on 1 September 2012. She is chairman of the Sustainability Committee and a member of the Audit, Remuneration and Nomination Committees.

Skills and experience Gill has a wealth of experience in leadership, governance and remuneration across a broad range of sectors including professional services, education and government.

Formerly, she 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.

External appointments 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.

 Lorn Matthew Taylor Lord Matthew Taylor Non-executive Director

Appointment Matthew was appointed to the South West Water Board on 1 March 2010.

Skills and experience Matthew was MP for Truro and St Austell for 23 years from 1987, until he stood down at the 2010 general election. He has expertise in planning for sustainable communities.

External appointments Lord Taylor of Goss Moor Chairs the St Austell Eco-Community Strategic Partnership Board. Matthew is also Non-executive Director of Mayfield Market Towns Ltd., and Chair and Non-executive Director of Bridgehall Real Estate Limited and Kensa Heat Pumps Limited.