Thames Water Appoints Chris Weston as CEO Amid Financial and Environmental Challenges

Weston, former British Gas executive, takes helm as company faces £18bn debt, scrutiny over dividend payment, and plans for a 40% customer bill increase.

Thames Water has appointed Chris Weston, a former British Gas executive and CEO of Aggreko, as its new CEO, starting from 8 January.
Weston replaces Sarah Bentley, who resigned in June amid criticism over the company's environmental performance.
Thames Water is currently grappling with debts of £18bn and is seeking an injection of £1.5bn of cash from shareholders to turn itself around.
The company is also planning to increase customer bills by 40% to fund new investments in its treatment works, pipes and sewage outflows.
Thames Water's finances are under scrutiny, with Ofwat investigating a £37.5m dividend payment to its parent company, Kemble Water Limited.