Corporate governance and structure
The Board of Yorkshire Water Services Ltd (Yorkshire Water or the Company) is accountable and responsible for the control of the business, its strategy and its decisions. The primary focus for the Board is to lead the development and delivery of a sustainable strategy which best meets the needs of our customers, whilst aligning the requirements of all stakeholders including the environment, society and investors.
Anthony was appointed as interim, and then permanent Chairman on 9 September 2016. He was appointed to the board as a Non-Executive Director with effect from 1 August 2013 and to the role of Senior Independent Director on 25 March 2015. He was also appointed as an Independent Non-Executive Director to the Kelda Holdings Board in July 2012.
Anthony has previously held roles at Balfour Beatty plc, including Executive Director for 10 years, Chief Financial Officer for six years and Deputy Chief Executive for four years. He has held a number of previous executive roles within Coopers & Lybrand (Partner, Structured Finance Group), Morgan Grenfell & Co (Senior Assistant Director) and Arthur Andersen & Co (Tax Compliance and Consultancy).
Committee Membership: Audit, Nomination (Chair), Remuneration, Corporate Responsibility, Safety, Health and Environment
Now Chief Executive, Liz joined the Company from Ernst & Young LLP (EY) where she held a number of senior partner roles, including leading the firm’s national water team and the assurance practice across the North Region. She had been with EY since 1987 and in that time worked with some of the largest companies in the UK. She specialised in delivery of services to the water industry, including a number of water companies and UK regulators.
Liz holds two non-executive positions, she was appointed as a lay member of the Council and as trustee of Leeds University in 2013 and to the board of KCOM Group PLC in April 2015. Liz is also chair of the A4S Chief Financial Officers network.
Nevil was appointed as Director of the asset delivery business unit, now Director of Asset Management, having joined the Company in May 2013.
Nevil is a civil engineer by training and joined the company from Veolia Water where he worked for 19 years, and held the roles of Managing Director of Veolia Water South East (formerly Folkstone and Dover Water) and Managing Director of Veolia Water East (formerly Tendring Hundred Water).
Ray was appointed to the Board as an independent non-executive director in June 2014 following a successful career in the transport sector. Ray stood down from the main board of National Express plc in 2010 after ten years as Group Chief Operating Officer and UK Chief Executive. At National Express’s peak, he was responsible for a fleet of 20,000 buses and coaches, nine rail franchises and 40,000 staff, with operations in Spain, the USA, Canada and the UK. He started his non-executive career whilst at National Express as a member of the board of the British Transport Police Authority.
From 2011 Ray served as a non-executive director and member of the Safety Committee of the Office of Rail and Road until he was appointed as Chief Executive of Essential Fleet Services Limited from July 2015 until February 2017. Ray joined the Board of Stagecoach Group Plc as a non-executive director in September 2016. Ray has a background in mechanical engineering in addition to bringing his skills in safety and strategy.
Ray was appointed as Senior Independent Director on 1 July 2017.
Committee Membership: Audit, Remuneration, Nomination, Safety, Health and Environment (Chair)
Andrew was appointed to the Board as an independent non-executive director in September 2017.
Andrew is Chief Executive of Costain Group Plc and was a Non-Executive Director of Scottish Water from April 2009 to April 2017. He is a Chartered Engineer, a Fellow of the Royal Academy of Engineering and a Vice President of the Institution of Civil Engineers.
Prior to joining Costain as Chief Executive in 2005, Andrew worked for Taylor Woodrow where he was the Managing Director of the construction business and a member of the Group Executive Committee.
Committee Membership: Audit; Remuneration; Nomination; Safety, Health and Environment.
Julia was appointed to the board as an Independent Non-Executive Director in January 2017. She served as Chief Executive of the Joseph Rowntree Foundation and the Joseph Rowntree Housing Trust from 2007 until the end of 2016. She is also a council member of the University of York and a non-executive director of Mears Group Plc.
Committee Membership: Audit, Remuneration (Chair), Nomination, Safety, Health and Environment
Scott was appointed to the board as a non-executive director in September 2017. He was appointed as a non-executive director to the board of Kelda Holdings Limited, the ultimate parent of Yorkshire Water, on 30 September 2010.
Scott is a Director of Deutsche Asset Management’s infrastructure business, Europe, based in London and is responsible for the origination and execution of infrastructure investment opportunities as well as the ongoing management of the acquired assets. He is a member of the Investment Committee for the two European infrastructure funds managed by Deutsche AM. Prior to joining Deutsche AM’s infrastructure business in 2005, Scott started his career at N M Rothschild & Sons’ investment banking division where he was a specialist in the Utilities and Natural Resources sectors.
Andrew was appointed to the Board as a non-executive director in September 2017. He was appointed as a non-executive director to the board of Kelda Holdings Limited, the ultimate parent of Yorkshire Water, on 30 September 2015.
Andrew is a Senior Vice President in GIC’s Infrastructure team, based in London. He is responsible for the ongoing management of GIC’s global infrastructure portfolio and is also a non-executive director on boards for TIGF (Gas Transportation and Storage, France), Duquesne Light and Power (Electricity Transportation and Distribution, US) and Greenko (Renewal Generation, India). Prior to joining GIC, Andrew was CFO of Electricity North West and Deputy CEO / CFO Veolia Water, UK, Ireland & Northern Europe. While at Veolia, he was a non-executive director of Affinity Water (formerly Veolia Water). Andrew started his career in the investment banking division of Morgan & Stanley where he was focused on project finance, M&A, utilities and the natural resources sector.
Mike was appointed to the Board as a non-executive director in September 2017. He was appointed as a non-executive director to the board of Kelda Holdings Limited, the ultimate parent of Yorkshire Water, on 31 January 2013.
Mike is a Principal at Corsair Infrastructure Management, a business unit of Corsair Capital. He is also a director of Itínere Infraestructuras, S.A., a toll road operator in Spain. Michael has 15 years of experience in infrastructure finance at Ernst & Young, Citi and Corsair.