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Guardian UK4.7.2026BusinessUnited Kingdom

Severn Trent Doubles CEO's Long-Term Reward Scheme to £3.1m Amid Pay Anger

Severn Trent James Jesic Liv Garfield

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Severn Trent has doubled its new CEO James Jesic's long-term incentive plan to 400% of his base salary, potentially reaching £3.1m, despite public anger over water company pay and environmental failures.
The company also removed an environmental performance measure from bonus criteria.

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Severn Trent has doubled its new CEO James Jesic's long-term incentive plan to 400% of his base salary, potentially reaching £3.1m, despite public anger over water company pay and environmental failures. The company also removed an environmental performance measure from bonus criteria.

Read the full article on Guardian UK

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