Ofwat has announced today that Chief Executive, Cathryn Ross, will be leaving the regulator at the end of the year to take up a senior position in the private sector unconnected with the water industry.
Cathryn, who was appointed as Ofwat Chief Executive in October 2013, has successfully led the regulator through a significant period of change, including the 2014 Price Review and the opening of the new business retail market in England.
Commenting on her departure, Ofwat Chairman Jonson Cox said:
“Cathryn has been a transformational leader for Ofwat and the sector. As chief executive she has created a dynamic and leading-edge regulator, effective in driving change across the water sector and putting customers first. We are sorry to see her go and wish her every success in her new role.”
Cathryn Ross said:
“Cathryn Ross said: “After four fantastic years, I know I will be leaving Ofwat in good shape. Our regulatory approach is now well established and we have a strong team in place. We are set up to regulate the world‘s largest competitive water retail market, and we ready for a demanding price review, which will deliver more of what matters for customers. I look forward to finalising the PR19 methodology before I leave.”
The process for recruiting her successor is underway and further information for interested applicants is available on Ofwat’s website.
Notes to editors
- Ofwat (The Water Services Regulation Authority) is the independent economic regulator for the water sector in England and Wales.
- For further information contact Angela Maher, Head of Strategic Communications, Ofwat. Tel: 0121 644 7790 Mob: 077718 575777 Email: firstname.lastname@example.org