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Thames names temporary CEO

Thames Water interim chief executive Martin Baggs may be given the role permanently, the water company said this week.

Baggs took temporary charge of the company last week after David Owens’ departure following water regulator Ofwat’s final price determination. Baggs was operations and assets director at Southern Water and has been a non-executive director of Thames Water since 2006.

Thames Water confirmed that it was considering making his job permanent. No other candidates have been named.

The company said the winning bidder for the £430M Lee Tunnel contract is still expected to be announced by the end of the year.

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