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.
- Gove may give Ofwat more power amid 'excessive profits' concerns Environment Secretary Michael Gove has told Ofwat he is prepared to give the regulator more power to take on water... Read More >
- Ofwat provides early notice of concern to four companies Ofwat has announced that it is writing to Anglian Water, SES Water, Thames Water and Yorkshire Water to give them early... Read More >
- 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 >
- C-MeX: Keeping the customer satisfied Ofwat's new customer measure of experience (C-MeX) is now being road-tested and water companies will start to be judged... Read More >
- Data Protection and Brexit - Is your organisation prepared? Guidance to help businesses and charities continue to comply with data protection law after the UK leaves the EU Read More >
- Ofwat's assessments keep water companies in check The regulator's initial assessment of water companies' business plans reveals that a tight financial settlement is on the... Read More >
- Opinion: How will the UK protect the environment after Brexit? The Draft Environment (Principles & Governance) Bill leaves several unanswered questions about the enforcement of the... Read More >
- Ofwat's PR19 assessments: How the industry reacted After Ofwat published its initial assessments of water companies' business plans for 2020-25, we look at the responses... Read More >