Finance
British utility Pennon's CEO to retire
Published by Global Banking & Finance Review®
Posted on July 11, 2025
1 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on July 11, 2025
1 min readLast updated: January 22, 2026
Susan Davy, CEO of Pennon Group, announces her retirement after nearly five years, having led significant strategic moves including the sale of Viridor.
(Reuters) -British water utility Pennon Group on Friday said its CEO Susan Davy has decided to retire after a near five-year stint in the top role.
A veteran in the water sector, Davy previously served as the finance chief of Pennon and was with the company for more than 18 years.
During Davy's tenure, Pennon completed various strategic acquisitions and a successful multi-billion pound sale of its waste-management business, Viridor.
Pennon's board will conduct a formal search for a successor, during which time, Davy will continue to helm the company, it said in a statement.
(Reporting by Yamini Kalia in Bengaluru; Editing by Mrigank Dhaniwala)
Susan Davy, the CEO of Pennon Group, has decided to retire after nearly five years in the role.
Before becoming CEO, Susan Davy served as the finance chief of Pennon and was with the company for over 18 years.
During her tenure, Pennon completed various strategic acquisitions and successfully sold its waste-management business, Viridor, for several billion pounds.
Pennon's board will conduct a formal search for a successor, while Susan Davy will continue to lead the company during this period.
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