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Exmouth & Exeter East

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David Reed MP
Exmouth & Exeter East

I Have Written to Pennon Over Executive Bonus Payments

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Monday, 22 June, 2026
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I was concerned to read reports that Pennon has approved a £270,000 bonus payment to former South West Water CEO Susan Davy, alongside a further £87,000 award.

Last year, I sat on the Water (Special Measures) Bill Committee, where I joined MPs from across the House in pushing for tougher rules on bonuses for water company executives.

Following the Brixham cryptosporidium outbreak, which resulted in a criminal conviction and a record £1.8 million fine for South West Water, many local people will rightly question whether this decision is appropriate.

Whilst Pennon may argue that these payments were made at group level, and not by South West Water directly, customers deserve clear reassurance that their water bills have played no part in funding them.

That is why I have written to Pennon seeking clear answers and assurances on behalf of local people.

You can read my full letter below.

Attachments

Attachment Size
My Letter to Keith Haslett - CEO of Pennon (1.92 MB) 1.92 MB

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