Ofwat chief executive Cathryn Ross to step down
Ofwat chief executive Cathryn Ross has announced she will leave the regulator at the end of the year, to take up a senior position in the private sector not connected with the water industry.
Ross, who was appointed as Ofwat chief executive in October 2013, has successfully led the regulator through a significant period of change – including the 2014 price review and the opening of the new business retail market.
Commenting on her departure, Ofwat chairman Jonson Cox said: “Cathryn has been a transformational leader for Ofwat and the sector. As chief executive, she has created a dynamic and leading-edge regulator, effective in driving change across the water sector and putting customers first. We are sorry to see her go and wish her every success in her new role.”
Ross said: “After four fantastic years, I know I will be leaving Ofwat in good shape. Our regulatory approach is now well established and we have a strong team in place. We are ready for a demanding price review, which will deliver more of what matters for customers. I look forward to finalising the PR19 methodology before I leave.”
A version of this article first appeared on Utility Week.
- Water firms must 'aggressively innovate' to avoid inflation impact Water companies must ‘aggressively innovate' and deliver work in AMP7 more efficiently as the sector’s inflation rises at... Read More >
- Water firms must publish wholesale access charges by October 2016 Water companies must publish information on their indicative wholesale access charges for 2017/18 no later than October... Read More >
- Southern Water plans £3B spend in 2015-2020 Southern Water has announced that its Business Plan for 2015-2020 will cost £3B to deliver, with customer bills rising by... Read More >
- Plastic pollution – what was the tipping point? Despite years of research, news stories concerning plastics and the pollution of the marine and water environment have... Read More >
- New direction: Is the industry ready for direct procurement? Ofwat's continued aim to drive efficiency and value for customers will see the introduction of a new direct procurement... Read More >
- Analysis: Assessing lane rental's pros and cons While lane rental may be popular with many, Robin Hackett hears why the majority of utilities and contractors are fiercely... Read More >
- Opinion: Action needed on product specifications and skills BPF Pipes Group president Derek Muckle calls for a basic engineering and procurement skillset to set the standard for what... Read More >
- Bioresource data leads to focus on sludge quality The recent publication of data about the quantity and quality of sludge produced at water company wastewater treatment... Read More >