Pennon Group, the owners of South West Water, Bristol Water and SES Water, has announced that Steve Buck, Chief Financial Officer, has decided to step down for personal reasons.

Steve will be succeeded by Laura Flowerdew, as the Board enacts its internal succession plan. Laura is Chief Customer and Digital Officer of Pennon Group and previously Chief Financial Officer at Bristol Water plc. The changes take place with immediate effect.

Announcing the change, Pennon Group commented:

“We fully support Steve's decision, and the Board wishes him well for the future.”

Susan Davy, CEO, said:

"Having had the opportunity to work closely with Laura over the past few years, she is perfectly placed to take on the role. Laura has a strong understanding of our business and brings with her significant leadership experience".