CARDIFF - Glas Cymru, the company behind Dŵr Cymru Welsh Water, announced the appointment of three new Non-Executive Directors to its Board, effective January 1, 2025. These appointments come as part of a strategic move to enhance the company’s governance and oversight capabilities ahead of a significant investment period.
The newly appointed directors, Darren James, Darren Pope, and Alison Wilcox, will chair the Performance and Safety Committee, Audit and Risk Committee, and Remuneration Committee, respectively. Their collective expertise is expected to guide Welsh Water through its largest investment program, spanning from 2025 to 2030, which involves over $4 billion in infrastructure and service enhancements.
Darren James, CEO of AUREOS and former COO of Costain Group PLC, will focus on improving performance and safety standards. Darren Pope, with a financial background as the former CFO of TSB and current roles at Starling Bank and Hargreaves (LON:HRGV) Lansdown, is set to oversee audit and risk management. Alison Wilcox, with extensive HR experience from BT and Vodafone (NASDAQ:VOD), will later take on the role of Remuneration Committee Chair, succeeding Jo Kenrick during 2025.
Jane Hanson CBE will step up as the new Chair of Glas Cymru, succeeding Alastair Lyons, starting January 1, 2025. She expressed enthusiasm for the new directors’ contributions to the company’s ambitious plans and commitment to customer service excellence.
The appointments follow the planned departures of Alastair Lyons and Barbara Moorhouse, who will step down from their roles at the end of 2024. A fourth Non-Executive Director is anticipated to join the board in the new year.
Welsh Water, operated by Glas Cymru since April 2001, is distinctive in the water industry as it is owned on behalf of customers, with no shareholders. Profits are reinvested back into the business, aiming to provide top-quality services to its service areas in most of Wales, Deeside, and Herefordshire.
This strategic board enhancement is based on a press release statement and reflects Glas Cymru’s commitment to navigating upcoming challenges and improving long-term value for the communities it serves.
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