Episode
Water CEO Pay Doubled Amid Spill Crisis | London News
- Published
- Jul 4, 2026
- Duration seconds
- 115
- Processing state
not_requested
Actions
POST https://stenobird.com/v1/public/podcasts/london-news-today-2-min-news-the-daily-news-now-7573121/episodes/water-ceo-pay-doubled-amid-spill-crisis-london-news/transcription-requests
Idempotently request low-priority transcript generation for this episode.GET https://stenobird.com/podcast/london-news-today-2-min-news-the-daily-news-now-7573121/water-ceo-pay-doubled-amid-spill-crisis-london-news.md
Read the agent-friendly Markdown representation of this episode resource.
Summary
Severn Trent’s new CEO, James Jesic, could earn up to £4.8 million annually thanks to a revamped pay package that doubles his potential bonus — sparking outrage as the company recorded tens of thousands of sewage spills. Jesic’s predecessor, Liv Garfield, was denied bonuses for environmental failures, yet Severn Trent has now removed environmental metrics from future bonus criteria, replacing them with customer service targets — a move slammed by environmental advocates. While the company defends its pay as shareholder-funded and compliant, citing a 41% drop in spills and ongoing infrastructure investments, critics argue the timing and scale of the payout undermine public trust. Meanwhile, rivals like United Utilities face similar backlash for rewarding CEOs without performance conditions. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/2ce4a18bd7d1abd3