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Mayor Slams Yorkshire Water Boss's £660k Payout Amidst Poor Performance
7 Jul
Summary
- Mayor Tracy Brabin called the £660,000 payment outrageous.
- Yorkshire Water faces a downgrade for environmental performance.
- The company will move from two stars to one star rating.
West Yorkshire's Mayor Tracy Brabin has voiced strong disapproval over a significant payment to Yorkshire Water's chief executive. The sum of £660,000, originating from the utility firm's parent company Kelda, was described by Brabin as "outrageous."
The mayor's remarks were made during an interview on BBC Radio Leeds. This executive payout coincides with concerning news regarding the company's environmental standing. It is understood that Yorkshire Water is facing a downgrade in its environmental performance rating by the Environment Agency.
Previously holding a two-star rating, Yorkshire Water is now expected to be assessed at just one star out of a possible four. This marks a significant decline in its environmental stewardship, drawing further scrutiny to the company's operations and leadership compensation.
