Yorkshire Water boss’s decision to forgo bonus labelled ‘hollow’ by union

1 year ago 48

Nicola Shaw, who made the announcement due to public anger over sewage in rivers, is in line for a windfall of more than £1m from her previous role

The boss of Yorkshire Water’s decision to forgo her annual bonus due to public anger over sewage pollution of rivers has been labelled a “hollow” gesture by a leading union, after it emerged that she was already in line for a windfall of more than £1m from a previous role.

Nicola Shaw, who joined from National Grid last year, will receive share awards worth £1.3m from the energy network operator next month under a long-term incentive plan initiated in 2020, according to its annual report released last week.

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