{"id":818573,"date":"2026-10-30T10:54:10","date_gmt":"2026-10-30T10:54:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/818573\/"},"modified":"2026-10-30T10:54:10","modified_gmt":"2026-10-30T10:54:10","slug":"yorkshire-water-chief-nicola-shaw-resigns-after-firm-downgraded","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/818573\/","title":{"rendered":"Yorkshire Water chief Nicola Shaw resigns after firm downgraded"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">In her statement, Shaw said: &#8220;It has been a privilege to lead Yorkshire Water and serve the people of Yorkshire. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;Although there remains a huge amount of work to do, I am extremely proud of what our colleagues have achieved, putting the business on a stronger footing for delivery across all aspects of its work.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Yorkshire Water said Medalova would join the company on Monday as part of a transition period before assuming the chief executive officer role full time in the new year. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">She said: &#8220;I am delighted to be joining Yorkshire Water and grateful to the Board for the opportunity to lead the business through its next chapter. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;Yorkshire Water faces huge challenges but also great opportunities for continued improvement and I look forward to working with Nicola Shaw, the leadership team and colleagues across the business as I get up to speed.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">In December last year Shaw said &#8220;not being transparent&#8221; about receiving \u00a31.3m in shareholder-funded payments across two instalments <a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/cp9kv0jlyn0o\" class=\"ssrcss-1e0jzsh-InlineLink e1kn3p7n0\" rel=\"nofollow noopener\" target=\"_blank\">had been a &#8220;mistake&#8221;<\/a>, but had insisted those amounts were &#8220;not for me to decide&#8221;. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The previously undisclosed payments had <a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/cd0dnkyd003o\" class=\"ssrcss-1e0jzsh-InlineLink e1kn3p7n0\" rel=\"nofollow noopener\" target=\"_blank\">come to light the previous August<\/a> when the <a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/cdxvpr4qkyxo\" class=\"ssrcss-1e0jzsh-InlineLink e1kn3p7n0\" rel=\"nofollow noopener\" target=\"_blank\">government banned Yorkshire Water and five other water companies from paying &#8220;unfair&#8221; bonuses to bosses<\/a>.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Listen to highlights from <a href=\"https:\/\/www.bbc.co.uk\/sounds\/curation\/p0cjdv3n\" class=\"ssrcss-1e0jzsh-InlineLink e1kn3p7n0\" rel=\"nofollow noopener\" target=\"_blank\">West Yorkshire on BBC Sounds<\/a>, catch up with the latest <a href=\"https:\/\/www.bbc.co.uk\/programmes\/b006mj5m\" class=\"ssrcss-1e0jzsh-InlineLink e1kn3p7n0\" rel=\"nofollow noopener\" target=\"_blank\">episode of Look North<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"In her statement, Shaw said: &#8220;It has been a privilege to lead Yorkshire Water and serve the people&hellip;\n","protected":false},"author":2,"featured_media":818574,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[84,59,56,54,55],"class_list":["post-818573","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-gb","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/818573","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=818573"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/818573\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/818574"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=818573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=818573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=818573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}