UNDER-FIRE water firm Pennon has revealed its chief executive saw her pay package jump by 58% after picking up a £298,000 shares bonus - despite seeing pollution incidents nearly double last year at South West Water, which it owns.
Pennon's annual report revealed that chief executive Susan Davy's total pay jumped to £860,000 in 2023/24, from £543,000 the previous year.
The report mentioned that, although she renounced an annual bonus which could have yielded £237,000 in both cash and shares, Ms Davy did receive an extended performance award. This sum must be held for a two-year period, and then re-invested in Pennon's stocks.
The revelations about executive pay come at the same time as the group also revealed a shocking increase in pollution incidents at South West Water last year, which jumped by 80% to 194 in 2023.
هذه القصة مأخوذة من طبعة June 12, 2024 من The Herald.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة June 12, 2024 من The Herald.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
'I don't want to be like Neville!!
ROONEY OFFERS JOVIAL QUIP AT FORMER UNITED TEAM-MATE
Head coach Rooney wants his team to be organised and attacking as he outlines his ideas for the Pilgrims
WAYNE Rooney has wasted no time in starting to implement the style of play that he wants to see from his new Plymouth Argyle side so they are fully prepared for the start of the 2024/25 Championship campaign.
Phillips' 66 leads her to first place at St Mellion
WENDY Phillips was the winner of the Medal and Stableford Winners Trophy with her excellent net score of 66.
Record result for Lib Dems
INCOMING Liberal Democrat MPs have taken a record number of seats for the party in the General Election.
Work to dig NHS out of decline 'starts today'
HEALTH LEADERS URGE NEW GOVERNMENT TO MAKE ENDING LONG-RUNNING JUNIOR DOCTOR DISPUTE A PRIORITY
“Change begins immediately'
THE UK’s new Prime Minister Sir Keir Starmer promised to rebuild trust in politics and restore hope to the nation after a landslide Labour victory in the General Election.
Thank you for all the memories
COVERING elections has been one of the highlights of my newspaper journalism career.
Three new poets to share work at language club
THREE Devon poets will be introduced to Britain's Ocean City at the next Plymouth Language Club - and one of the city's key writers will wave goodbye.
Cafe saved from closure by last-minute buyer
ONE of Plymouth’s most popular cafes has been saved after a last minute deal.
Tributes pour in for the queen of fundraising
TRIBUTES have been paid to a Plymouth centenarian and local celebrity who has died.
