Nicola Shaw has resigned as boss of Yorkshire Water after the company was downgraded and faced criticism over executive pay and performance.
Leadership change follows criticism
Shaw’s departure comes amid scrutiny of Yorkshire Water’s pay arrangements and its performance. The company’s downgrade adds to the challenges facing the business and puts its leadership under renewed attention.
The resignation marks a change at the top of Yorkshire Water as the firm responds to the issues surrounding its rating, pay and performance.
What happens next
The source does not provide details about Shaw’s successor or the timing of the leadership transition. It also does not specify the reasons for the downgrade beyond the criticism linked to the company’s pay and performance.