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British utility Pennon's CEO to retire

Published by Global Banking & Finance Review

Posted on July 11, 2025

1 min read

· Last updated: January 22, 2026

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(Reuters) -British water utility Pennon Group on Friday said its CEO Susan Davy has decided to retire after a near five-year stint in the top role. A veteran in the water sector, Davy previously

Pennon Group CEO Susan Davy Announces Retirement After Five Years

(Reuters) -British water utility Pennon Group on Friday said its CEO Susan Davy has decided to retire after a near five-year stint in the top role.

A veteran in the water sector, Davy previously served as the finance chief of Pennon and was with the company for more than 18 years.

During Davy's tenure, Pennon completed various strategic acquisitions and a successful multi-billion pound sale of its waste-management business, Viridor.

Pennon's board will conduct a formal search for a successor, during which time, Davy will continue to helm the company, it said in a statement.

(Reporting by Yamini Kalia in Bengaluru; Editing by Mrigank Dhaniwala)

Key Takeaways

  • Susan Davy to retire as CEO of Pennon Group.
  • Davy served as CEO for nearly five years.
  • Previously held the position of finance chief.
  • Oversaw strategic acquisitions and Viridor sale.
  • Pennon board to search for a new CEO.

Frequently Asked Questions

Who is retiring from Pennon Group?
Susan Davy, the CEO of Pennon Group, has decided to retire after nearly five years in the role.
What was Susan Davy's role before becoming CEO?
Before becoming CEO, Susan Davy served as the finance chief of Pennon and was with the company for over 18 years.
What significant actions did Pennon take during Davy's tenure?
During her tenure, Pennon completed various strategic acquisitions and successfully sold its waste-management business, Viridor, for several billion pounds.
What will happen during the search for Davy's successor?
Pennon's board will conduct a formal search for a successor, while Susan Davy will continue to lead the company during this period.

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