Wessex Water Executives Receive £50,000 in Un disclosed Extra Pay Amidst Bonus Ban
Chief executives Ruth Jefferson and Andy Pymer of Wessex Water received an additional £50,000 each from their parent company, YTL group, despite the government's ban on bonuses for bosses at suppliers guilty of pollution. The payments were made through a holding company, Wessex Water Ltd, which is part of the complex corporate structure of YTL.
The news comes as water companies face scrutiny over executive pay following the government's crackdown on bonuses for polluted water suppliers. Last year, six water companies were banned from paying bonuses due to past environmental breaches.
Jefferson and Pymer received £24,000 and £27,000 respectively in the year to June 2025, according to a spokesperson for YTL group. The payments were not disclosed in Wessex Water's accounts, which only reported a total of £440,000 as Ruth Jefferson's pay and £249,000 as Andy Pymer's.
The lack of transparency over executive pay has raised concerns among politicians and regulators. Sarah Dyke, Liberal Democrat MP for Glastonbury and Somerton, described the payments as "another example of the lack of transparency" by water companies.
YTL initially declined to reveal the source of the extra payments but eventually acknowledged that they came from Wessex Water Ltd. The company claimed that the payments were not bonuses but rather a form of emoluments for services to other group companies, which are disclosed in their financial statements.
However, critics argue that this explanation is unclear and fails to address concerns over transparency. MPs and Ofwat, the regulator of water companies, have already raised questions about the lack of clarity surrounding executive pay from parent companies.
The revelations come as Wessex Water faces criticism for its handling of environmental issues, including a sewage pumping station failure that killed more than 2,000 fish six years ago.
Chief executives Ruth Jefferson and Andy Pymer of Wessex Water received an additional £50,000 each from their parent company, YTL group, despite the government's ban on bonuses for bosses at suppliers guilty of pollution. The payments were made through a holding company, Wessex Water Ltd, which is part of the complex corporate structure of YTL.
The news comes as water companies face scrutiny over executive pay following the government's crackdown on bonuses for polluted water suppliers. Last year, six water companies were banned from paying bonuses due to past environmental breaches.
Jefferson and Pymer received £24,000 and £27,000 respectively in the year to June 2025, according to a spokesperson for YTL group. The payments were not disclosed in Wessex Water's accounts, which only reported a total of £440,000 as Ruth Jefferson's pay and £249,000 as Andy Pymer's.
The lack of transparency over executive pay has raised concerns among politicians and regulators. Sarah Dyke, Liberal Democrat MP for Glastonbury and Somerton, described the payments as "another example of the lack of transparency" by water companies.
YTL initially declined to reveal the source of the extra payments but eventually acknowledged that they came from Wessex Water Ltd. The company claimed that the payments were not bonuses but rather a form of emoluments for services to other group companies, which are disclosed in their financial statements.
However, critics argue that this explanation is unclear and fails to address concerns over transparency. MPs and Ofwat, the regulator of water companies, have already raised questions about the lack of clarity surrounding executive pay from parent companies.
The revelations come as Wessex Water faces criticism for its handling of environmental issues, including a sewage pumping station failure that killed more than 2,000 fish six years ago.