REG - Severn Trent PLC - Directorate Change <Origin Href="QuoteRef">SVT.L</Origin>

Severn TrentAnnouncement

06/09/2014 22:35

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RNS Number : 6641N
Severn Trent PLC
30 July 2014 
 
30 July 2014 
 
Severn Trent Plc - Enhancing Effectiveness 
 
Severn Trent today announces the following changes to Director and Executive
Committee responsibilities, made as part of our plan to prepare the business
for the next regulatory period, AMP6. 
 
Andy Smith, Executive Director, will move from being responsible for Water
Services to take on a new role as Managing Director, Business Services,
encompassing the Severn Trent Services businesses, a new Retail for Non
Households Water Services organisation and our renewable energy business. 
 
Martin Kane, Executive Director and current CEO of Severn Trent Services, will
take on the new role of Chief Engineer covering engineering design standards,
quality assurance, R&D and innovation for the Group and all health and safety
aspects of operations. 
 
Reflecting Andy Smith's new responsibilities Simon Cocks, who is currently
responsible for Waste Water Services and is a member of the Severn Trent
Executive Committee, will take on responsibility for the newly created
Wholesale Operations business, which is a merger of the Water and Waste Water
teams, as our new Managing Director, Wholesale Operations. 
 
In addition, two new Executive Committee roles have been established: a Chief
Customer Officer responsible for Customer Care, Transformation and Information
Services; and a Group Commercial Director responsible for procurement,
transport, supply chain and contract management. 
 
Liv Garfield, Chief Executive of Severn Trent Plc, said: 
 
"These changes, which will take effect from today,build on strong foundations
and will enable the business to become more operationally effective, more
competitive in non-regulated retail markets, more customer focused and deliver
further shareholder value." 
 
For press enquiries, please contact: 
 
 Rob SalmonHead of Communications  Severn Trent Plc  0207 353 4200 (on the day)02477 715000  
 
 
 Martha Walsh  Tulchan Communications  0207 353 4200  
 
 
For investor enquiries, please contact: 
 
 John CrosseHead of Investor Relations  Severn Trent Plc  0207 353 4200 (on the day)02477 715000  
 
 
Cautionary statement regarding Forward Looking Statements 
 
This document contains statements that are, or may be deemed to be,
'forward-looking statements' with respect to Severn Trent's financial
condition, results of operations and business and certain of Severn Trent's
plans and objectives with respect to these items. 
 
Forward-looking statements are sometimes, but not always, identified by their
use of a date in the future or such words as 'anticipates', 'aims', 'due',
'could', 'may', 'will', 'would', 'should', 'expects', 'believes', 'intends',
'plans', 'projects', 'potential', 'reasonably possible', 'targets', 'goal' or
'estimates' and, in each case, their negative or other variations or
comparable terminology. Any forward-looking statements in this document are
based on Severn Trent's current expectations and, by their very nature,
forward-looking statements are inherently unpredictable, speculative and
involve risk and uncertainty because they relate to events and depend on
circumstances that may or may not occur in the future. 
 
Forward-looking statements are not guarantees of future performance and no
assurances can be given that the forward-looking statements in this document
will be realised. There are a number of factors, many of which are beyond
Severn Trent's control, that could cause actual results, performance and
developments to differ materially from those expressed or implied by these
forward-looking statements. These factors include, but are not limited to: the
Principal Risks disclosed in our Annual Report as at May 2013 (which have not
been updated since); changes in the economies and markets in which the group
operates; changes in the regulatory and competition frameworks in which the
group operates; the impact of legal or other proceedings against or which
affect the group; and changes in interest and exchange rates. 
 
All written or verbal forward-looking statements, made in this document or
made subsequently, which are attributable to Severn Trent or any other member
of the group or persons acting on their behalf are expressly qualified in
their entirety by the factors referred to above. Subject to compliance with
applicable laws and regulations, Severn Trent does not intend to update these
forward-looking statements and does not undertake any obligation to do so, 
 
Nothing in this document should be regarded as a profits forecast. 
 
This document is not an offer to sell, exchange or transfer any securities of
Severn Trent Plc or any of its subsidiaries and is not soliciting an offer to
purchase, exchange or transfer such securities in any jurisdiction. Securities
may not be offered, sold or transferred in the United States absent
registration or an applicable exemption from the registration requirements of
the US Securities Act of 1933 (as amended). 
 
This information is provided by RNS
The company news service from the London Stock Exchange