Calls for South West Water's CEO to Forfeit Bonuses Over Devon Parasite Outbreak
Monday, 10 June 2024, 17:11
The Situation:
Following the Devon parasite outbreak associated with South West Water, stakeholders are calling for reform within the company.
CEO's Action:
Susan Davy, the CEO, relinquished a portion of her annual pay for the second consecutive year.
Stakeholders' Demand:
- Forfeit Bonuses: Calls intensify for Davy to also give up bonuses tied to the long-term incentive plan.
Conclusion:
The controversy highlights the increasing scrutiny on executive compensation and accountability in the aftermath of crises.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.