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Thames Water loses finance chief

Summary by The Times

No reason was given for the abrupt departure of Alastair Cochran, 55, and no permanent replacement has been identified

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The Times

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Thames Water loses finance chief

No reason was given for the abrupt departure of Alastair Cochran, 55, and no permanent replacement has been identified

3 days ago·United Kingdom

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Bloomberg

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Thames Water CFO Cochran to Step Down at End of March

Thames Water said Chief Financial Officer Alastair Cochran will step down at the end of March, just as the debt-laden utility seeks to turn its finances around.

3 days ago·United States

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City AM

Thames Water’s finance chief quits as firm continues trying to find a buyer

Thames Water’s finance boss has quit midway through a key restructuring of the heavily indebted utility giant. Chief financial officer Alastair Cochran told the firm that he was stepping down on Friday morning. His sudden departure comes as Thames Water continues to try to find a buyer for the company to help steady its finances. Thames Water is England’s biggest water firm, with about 16m customers. It is in at least £16bn of debt, and recently…

3 days ago·London, United Kingdom

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BizToc

Thames Water’s finance chief to leave company within days

Thames Water, Britain’s biggest water supplier, said its chief financial officer Alastair Cochran would leave within days, an abrupt change at the top of the utility as it battles to avoid financial collapse. Thames Water, a poster child for Britain’s broken water sector which has polluted rivers…

3 days ago

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perspectivemedia.com

Thames Water’s finance chief quits as firm continues trying to find a buyer

Alastair Cochran, Thames Water’s chief financial officer, told the firm that he is stepping down on Friday morning, PA news agency understands. Thames Water’s finance boss has quit midway through a key restructuring of the heavily indebted utility giant. Chief financial officer Alastair Cochran told the firm that he is stepping down on Friday morning, the PA news agency understands. Thames Water is in at least £16 billion of debt and has recentl…

3 days ago

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radiojackie.com

People in New Malden who had water meters fitted over 18 months ago say Thames Water is yet to turn them on.

Residents in and around The Groves were told that the devices would be active within a matter of weeks. But some people have now been sent letters saying the meters have been “sleeping” and say this has caused confusion over bills. We’ve contacted Thames Water for clarification.

3 days ago

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