P207news.today207Fri 30 Oct22:31
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BUSINESS 7/9
Yorkshire Water chief executive steps down after one-star rating
Yorkshire Water's chief executive Nicola Shaw has stepped down a day after the company received the lowest environmental rating from regulators.
Yorkshire Water chief executive Nicola Shaw has stepped down, a day after the Environment Agency downgraded the company to a one-star environmental rating, the lowest possible. Shaw, who has led the business for four-and-a-half years, said the timing felt right for an orderly transition. The company serves more than five million people in Yorkshire and recorded 335 pollution incidents in 2025, including 13 serious ones, and was fined £1.2 million last year. Nicola Medalova, a former National Grid executive, will join next week as chief executive-designate before taking over in January. The one-star rating means Yorkshire Water is automatically blocked from paying bonuses to bosses under new rules.
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