REG - Pennon Group PLC - Pennon Group appoints Keith Haslett as new CEO

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RNS Number : 7223B  Pennon Group PLC  02 October 2025

PENNON GROUP
PLC

2 October 2025

Pennon Group appoints Keith Haslett as new Group Chief Executive

Pennon Group today announces the appointment of Keith Haslett as Chief
Executive Officer and Executive Director. Keith has been the CEO of Affinity
Water since January 2023 and is currently expected to join Pennon during 2026,
following his notice period.

During his tenure at Affinity, Keith has delivered significant improvements in
business performance and customer outcomes. Prior to Affinity, Keith held
senior executive roles at Northumbrian Water Group and United Utilities,
where he led large-scale water and wastewater operations, overseeing
multi-billion-pound asset portfolios and complex capital programmes. During
his time at United Utilities, it achieved top-tier environmental performance,
embedded data driven asset management, and transformed operational structures.
Keith is a Chartered Civil Engineer and holds an MBA from Queen's University
Belfast.

Keith Haslett commented:

"I am delighted to be joining Pennon Group at such a critical time to further
improve customer service levels and enhance our environment through an
ambitious investment programme to 2030 and beyond. My focus will be to ensure
that Pennon delivers on the expectations of all customers, stakeholders, and
regulators."

Keith succeeds Susan Davy, who has served as Chief Executive of Pennon Group
since 2020. Having worked for 18 years in the company and over 30 years in the
water industry, Pennon Group announced in July this year that Susan has
decided to retire from the Board.

David Sproul, Chair of Pennon Group commented:

"I am delighted that Keith Haslett will be joining Pennon as our next Chief
Executive Officer following a rigorous search process. Keith is a seasoned
leader in the UK water sector, bringing over 25 years of experience across
regulated utilities, with a strong track record of driving operational
excellence, delivering complex capital programmes, and increasing shareholder
value."

"On behalf of the Board, I would also like to thank Susan Davy as she retires
from Pennon. She has made an exceptional contribution to the Group over the
last 18 years, having led and executed a transformational growth strategy.
Pennon has grown by over two-thirds under her tenure as CEO and secured its
largest ever investment programme for our customers and communities."

 Notes:

 Pennon Group confirms that there is no information to be disclosed for the
 purposes of UK Listing Rule 6.4.8.

 The remuneration arrangements in relation to Keith Haslett's compensation will
 be disclosed on the Company's website in due course in compliance with Section
 430(2B) of the Companies Act 2006, and full details will also be disclosed in
 the Directors' Remuneration Report for the relevant year.

 

For further information, please contact:

 Pennon Group plc
 Sarah Heald       Chief Strategy, Regulatory Affairs and Investor Relations Officer  +44 (0)1392 44 3364
 FGS Global
 James Murgatroyd                                                                     +44(0)20 7251 3801

 

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