Thames water boss Martin Baggs doubles pay with bonus
Tuesday 12 June 2012
The boss of Thames Water, which supplies customers in London and large parts of the Home Counties, has been awarded a bonus nearly equal to his annual salary following a year in which a hosepipe ban was announced and customer satisfaction "deteriorated".
Martin Baggs, the firm's chief executive, was awarded an annual bonus of £418,359 for the year to 31 March on top of his £425,000 salary, according to the company's annual report.
Britain's largest provider of water and wastewater services announced a hosepipe ban in March after a drought in many parts of the country.
The company previously said the situation was "entirely to do with the weather".
- 1 Howard Jacobson: Let's see the 'criticism' of Israel for what it really is
- 2 Instagram of US airport security chiefs: Lipstick knives and IED training kits among items seized
- 4 PornHub begs users to stop uploading video clips of Brazil getting beaten 7-1
Sustained immigration has not harmed Britons' employment, say government advisers
Australia facing international condemnation after turning around Sri Lankans at sea
7/7 memorial defaced on anniversary of 2005 attacks with ‘Blair lied thousands died’ graffiti
Even when it brutalises one of its own teenage citizens, America is helpless against Israel
There’s a nasty smell in the political air – and it’s coming from the Tories
Vanessa Feltz criticises 'vile' reaction to Rolf Harris allegations
iJobs Money & Business
£60000 - £75000 per annum: Harrington Starr: Business Analyst Consultant (Fina...
£60000 per annum: Harrington Starr: A leading provider in investment managemen...
£600 - £700 per day: Harrington Starr: AVS, JVS Openlink Endur Developer JVS, ...
£30000 per annum: Harrington Starr: A global leader in trading platforms and e...