Pennon names David Sproul new Chair Designate
Pennon Group chose David Sproul, a former global deputy CEO at Deloitte, as its Chair Designate.
FTSE 250
20,450.69
17:14 20/12/24
FTSE 350
4,463.29
17:14 20/12/24
FTSE All-Share
4,421.11
17:04 20/12/24
Gas, Water & Multiutilities
5,809.99
17:14 20/12/24
Pennon Group
581.00p
16:34 20/12/24
A chartered accountant, Sproul was also chair at Starling Bank, as well as serving as a non-executive director at asset manager Safanad Lmtd., a senior adviser at Bridgepoint Europe and was the Chair designate at University of Hertfordshire.
The new chair said: "It is a privilege to have been invited to take on the role as Chair at a pivotal point in Pennon's strategy, and ongoing commitment to the UK Water industry.
"There has never been a more important time to make a positive contribution to the sector and society. What Pennon does for customer, communities and the environment really matters."
Sproul was to replace the current chair, Gill Rider, on 24 July.