Finance boss steps down from role at utilities giant
Utilities firm Pennon has announced that its chief financial officer is stepping down for personal reasons.
The firm, which owns South West Water and Bristol Water issued a statement confirming Steve buck is leaving the business.
Pennon said it fully supports Steve Buck’s decision and wishes him well for the future.
He will be succeeded by Laura Flowerdew, as the Board enacts its internal succession plan.
Laura is currently chief customer and digital officer of Pennon Group and previously chief financial officer at Bristol Water.
The appointment is effective from today.
Chief executive Susan Davy said: “Having had the opportunity to work closely with Laura over the past few years, she is perfectly placed to take on the role.
“Laura has a strong understanding of our business and brings with her significant leadership experience.”
Laura Flowerdew was appointed Chief Customer and Digital Officer of Pennon Group in September 2022.
She was previously an executive director and Chief Financial Officer of Bristol Water from October 2018 including a period as deputy CEO.
Alongside her financial responsibilities her role also encompassed leading the company’s transformation programme, as well as IT, HR, business services and communications.
Laura previously worked in several executive positions in utilities and natural resources businesses including Bristol Energy, Anglo American and De Beers. She is a Fellow of the Institute of Chartered Accountants for England and Wales.
