Severn Trent boss defends multi-million pay packet

15 comments

1. >Liv Garfield was awarded £3.2m in pay, bonuses and shares last year, while over the past four years she has earned nearly £13m.

   This is even with “sewage spills by the company rising by a third in 2023” and 60,000 sewage spills last year

   Earlier this year they were fined [£2 million for ‘reckless’ pollution](https://www.gov.uk/government/news/severn-trent-water-fined-2-million-for-reckless-pollution)

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3. It really feels like we’ve been in a feudal society since 2020

4. Same as everywhere in this currant cycle of capitalism.

   Performative bonus, based on returns, not on quality of delivered product.

5. >Between 2020 and 2025, the average annual bill for Severn Trent was £402.63, for the next five years the average would be £546.35 if its business plan is accepted by Ofwat.

   Say what now.

6. To be fair she’s being paid to shovel two types of shit after all … one sort onto the customers and the other into the waterways.

   Anything non-shit is kept for the shareholders.

7. The usual story they’re in it for the money . She should be fucking ashamed accepting money like that while watching the country overflow with shit !.

8. Reward for failure.

   Golden parachute when she inevitably gets kicked out.

   Her defence was we’re not a shit as other water company’s.

   Meanwhile OffTwat watches on like a helpless child.

9. “Person awarded alot of money they don’t deserve shockingly thinks they deserve it and fights to keep it”

10. The more i look the more i see late stage capitalism

11. “You should have seen how much more shit they *wanted* to pour into the rivers.”

12. A million just doesn’t stretch as far as it used to!

13. People like this make taxing the rich into oblivion seem like a more and more enticing prospect by the day.

    I’m not looking to get into the rights and wrongs of it, just saying this kind of thing and letting the rich keep their money don’t go hand in hand for long.

14. Need to suspend any dividend payments to shareholders in public utilities that fail. The robber baron chief execs will flap and things will soon start taking shape.

15. It’s always the same with C-Suite executives. You need only take one look at her smug face