Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.

BREAKING NEWS

BREAKING NEWS

UK utility Thames Water CEO to step down

UK utility Thames Water CEO to step down
FILE PHOTO: A Thames Water operative views pallets of bottled water for distribution in Hampstead in London, Britain, March 5, 2018. REUTERS/Toby Melville -
Copyright
Toby Melville(Reuters)
Text size Aa Aa

(Reuters) - UK utility Thames Water said on Friday its Chief Executive Officer Steve Robertson will step down with immediate effect.

Robertson's departure comes in the wake of the Labour Party's plans to renationalise energy networks.

One of the country's biggest water companies, Thames Water said a search for a new CEO is under way and it would appoint Ian Marchant as executive chairman in the interim.

(Reporting by Samantha Machado in Bengaluru; Editing by Arun Koyyur)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.