17th May 2006 07:00
Pennon Group PLC17 May 2006 PENNON GROUP PLC NEW CHIEF EXECUTIVE FOR SOUTH WEST WATER Pennon Group Plc is pleased to announce that Christopher Loughlin has beenappointed as Chief Executive of South West Water Limited and as an ExecutiveDirector of the Pennon Group Board with effect from 1 August 2006. Chris, aged 53, was most recently Chief Operating Officer with Lloyd's Registerand previously he was an executive director of British Nuclear Fuels Plc andexecutive chairman of Magnox Electric Plc. Chris started his career as aconsulting engineer and subsequently held a number of senior positions withBritish Nuclear Fuels. Chris is a chartered civil engineer and has an honours degree in civilengineering and an MBA. Ken Harvey, Chairman, said "I am delighted to welcome Chris to Pennon Group. Hebrings with him extensive experience of a regulated business and the managementof major engineering projects and services which I believe will prove invaluableto the Company". Pennon Group announced on 13 February 2006 that Bob Baty, the current ChiefExecutive of South West Water, was due to retire upon reaching his normalretirement age after 45 years service in the industry. Bob will now retire on31 July 2006. Ken Harvey stated "the Board expresses its gratitude to Bob forall the excellent work he has done in successfully managing South West Waterover the past ten years and wishes him a long and enjoyable retirement". In respect of UKLA Listing Rule 9.6.13 relating to further informationconcerning the appointment of a new director it should be noted that there areno details to be disclosed concerning Christopher Loughlin. For further information, please contact: PennonMr K G Harvey, Chairman 01392 443998 FinsburyJames Murgatroyd 020 7251 3801 17 May 2006 www.pennon-group.co.uk End transmission This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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