Picture of Severn Trent logo

SVT Severn Trent News Story

0.000.00%
gb flag iconLast trade - 00:00
UtilitiesConservativeLarge CapNeutral

REG - Aff WaterFin2004 Plc - Appointment of Chief Executive Officer

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260112:nRSL4185Oa&default-theme=true

RNS Number : 4185O  Affinity Water Finance (2004) Plc  12 January 2026

Affinity Water Finance (2004) PLC

(the "Company")

 

£102.7m of 5.875% Sterling Denominated Guaranteed Notes Due 2026

issued by the Company and guaranteed by Affinity Water Limited ("Affinity
Water")

 

 

AFFINITY WATER APPOINTS MARK GARTH AS NEW CHIEF EXECUTIVE OFFICER

12 January 2026

Affinity Water Limited ("Affinity Water") is pleased to announce that Mark
Garth has been offered and has accepted the role of Chief Executive Officer
and executive director of Affinity Water. Mark will join Affinity Water as CEO
during the first half of 2026, following his notice period.

 

Mark has extensive prior experience in the water sector, holding a number of
senior and executive roles, initially at Severn Trent Water and then later at
United Utilities, where he has led its wastewater operations with
responsibility for multi-billion-pound asset and capital programmes, and most
recently heading up its environmental portfolio and strategic
improvement-programme delivery. During his time at United Utilities, it has
achieved industry-leading environmental performance, securing its position as
a high-performing water company. Mark is a Chartered Water & Environment
Manager and member of the Chartered Institution of Water and Environmental
Management.

 

Mark succeeds Keith Haslett, who has served as CEO of Affinity Water since
January 2023. Keith Haslett's intention to step down was announced on 2
October 2025.

 

Commenting on the appointment, Affinity Water chair, Mike Brown, said:

 

"I am delighted to announce that Mark Garth will be joining Affinity Water as
our new CEO. Mark brings a wealth of relevant water sector experience as well
as a wide range of leadership skills.  He will be joining us at an important
time for the business as we move into the second year of AMP8 and I look
forward to working with Mark to continue Affinity Water's progress and
creating further value for all of our stakeholders as we embrace the
opportunities and challenges ahead.

 

I would also like to express my sincere thanks to Keith for his hugely valued
leadership and significant contribution to Affinity Water during his role as
CEO and wish him every success for the future."

 

 

Mark Garth said:

 

"I very much look forward to joining the Affinity Water Board and to working
with its investors and the executive leadership team to continue to build on
the achievements of the business, to navigate the challenges of AMP8, and to
ensure that we successfully meet and exceed all the expectations of all our
stakeholders."

 

 

ENDS

 

Notes:

 

For further information, please visit our website or contact:

Company.secretary@affinitywater.co.uk

 

Please direct any media queries to publicaffairs@affinitywater.co.uk

 

Affinity Water Limited

Tamblin Way

Hatfield

Hertfordshire

AL10 9EZ

 

 

 

 

 

 

DISCLAIMER - INTENDED ADDRESSEES

This announcement is a communication to the market. Nothing in this
announcement constitutes an offer of securities for sale in the United States
or any other jurisdiction. This announcement does not constitute a prospectus
or a prospectus equivalent document.

This announcement has been delivered to you on the basis that you are a person
into whose possession this announcement may be lawfully delivered in
accordance with the laws of the jurisdiction in which you are located and you
may not, nor are you authorised to, deliver this announcement to any other
person. The distribution of this announcement in jurisdictions other than the
United Kingdom may be restricted by law and therefore persons into whose
possession this announcement comes should inform themselves about, and
observe, such restrictions. Any failure to comply with the restrictions may
constitute a violation of the securities laws of any such jurisdiction.

Your right to access this service is conditional upon complying with the above
requirements.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAGPUWGGUPQGCG



            Copyright 2019 Regulatory News Service, all rights reserved

Recent news on Severn Trent

See all news