# Severn Trent doubles CEO reward plan to £3.1m amid backlash

Severn Trent’s board has approved doubling the CEO’s maximum reward plan to £3.1 million, sparking public anger. The decision comes as the water company faces criticism over high executive pay and customer bills. It highlights ongoing tensions over corporate compensation in the UK water industry.

**Importance:** 3/5

## Sources

### Business
- [The Guardian Biz](https://www.theguardian.com/business/2026/jul/04/severn-trent-water-doubles-ltip-reward-scheme-new-ceo-james-jesic) — Sat, 04 Jul 2026 06:00:05 GMT
- [BBC Business](https://www.bbc.co.uk/news/articles/czj8l83zzgxo?at_medium=RSS&at_campaign=rss) — Wed, 08 Jul 2026 13:10:33 GMT