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New Severn Trent boss Liv Garfield boosts ranks of female chief executives

18/11/2013 by

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Liv Garfield, responsible for the £2.5bn roll-out of super fast fibre broadband as BT‘s boss of Openreach, is leaving to become chief executive of FTSE 100 water company Severn Trent.

Garfield, 38, will take up the role in spring 2014 following the retirement of current chief executive Tony Wray. Her annual salary will be £650,000, with a 25% pension contribution taking the package up to £812,500, and will also be eligible for an annual bonus of up to 120% of her salary.

The surprise move will be considered a blow for BT and the appointment will see Garfield become one of just four female bosses in the FTSE 100, along with easyJet’s chief executive Carolyn McCall, Burberry boss Angela Ahrendts, and Imperial Tobacco chief executive Alison Cooper.

This article has been extracted from www.guardian.co.uk , please click on this link to read the article in full

http://www.theguardian.com/business/2013/nov/18/liv-garfield-severn-trent-bt-ftse-100-female-bosses

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