Pennon Group PLC
17 May 2006
PENNON GROUP PLC
NEW CHIEF EXECUTIVE FOR SOUTH WEST WATER
Pennon Group Plc is pleased to announce that Christopher Loughlin has been
appointed as Chief Executive of South West Water Limited and as an Executive
Director of the Pennon Group Board with effect from 1 August 2006.
Chris, aged 53, was most recently Chief Operating Officer with Lloyd's Register
and previously he was an executive director of British Nuclear Fuels Plc and
executive chairman of Magnox Electric Plc. Chris started his career as a
consulting engineer and subsequently held a number of senior positions with
British Nuclear Fuels.
Chris is a chartered civil engineer and has an honours degree in civil
engineering and an MBA.
Ken Harvey, Chairman, said 'I am delighted to welcome Chris to Pennon Group. He
brings with him extensive experience of a regulated business and the management
of major engineering projects and services which I believe will prove invaluable
to the Company'.
Pennon Group announced on 13 February 2006 that Bob Baty, the current Chief
Executive of South West Water, was due to retire upon reaching his normal
retirement age after 45 years service in the industry. Bob will now retire on
31 July 2006. Ken Harvey stated 'the Board expresses its gratitude to Bob for
all the excellent work he has done in successfully managing South West Water
over the past ten years and wishes him a long and enjoyable retirement'.
In respect of UKLA Listing Rule 9.6.13 relating to further information
concerning the appointment of a new director it should be noted that there are
no details to be disclosed concerning Christopher Loughlin.
For further information, please contact:
Mr K G Harvey, Chairman 01392 443998
James Murgatroyd 020 7251 3801
17 May 2006
This information is provided by RNS
The company news service from the London Stock Exchange