Jersey Water has today announced the appointment of Peter Yates as chairman of the board of directors with effect from 1 January 2015. The company will also appoint two new non-executive directors, Tim Herbert and Liz Vince, who will join its board from 1 January 2015. Jersey Water’s current chairman, Kevin Keen, will retire from the board at the end of this year after eight years of service (five as chairman).
Peter Yates joined the board of Jersey Water in 2009 and has been chairman of the audit committee since that time. Mr Yates is a chartered accountant and is a former partner of PriceWaterhouseCoopers. He is a non-executive director and chairman of the audit committee of Invesco Perpetual Enhanced Income Limited and also a non-executive director of Bathroom Brands Limited and Bathroom Brands Distribution Limited.
Advocate Tim Herbert is a former managing partner of Mourant Ozannes where he practiced Jersey law for over thirty years. He is the chairman of the Jersey Innovation Fund and holds a number of other non-executive directorships and voluntary roles.
Liz Vince, is finance director and company secretary at Jersey Post and the former chief internal auditor for the States of Jersey. She is a qualified accountant with the Chartered Institute of Public Finance & Accountancy and holds the Institute of Director’s certificate and diploma in company direction.
The incoming chairman, Peter Yates, said:
“I am very honoured to become chairman of Jersey Water in 2015 and look forward to welcoming Tim Herbert and Liz Vince to the board where they will play an active part in shaping the future for the company. Jersey Water plays a vital role in Jersey’s community, supplying high quality drinking water throughout the year and our job on the board will be to ensure that our high standards of service continue in to the future. On behalf of the staff and board, I should like to pay particular thanks to Kevin Keen, who did a superb job as chairman over the last five years during which we have enjoyed his energy, enthusiasm and support. His wise counsel and guidance will be missed.”
Outgoing chairman, Kevin Keen, said:
“I have thoroughly enjoyed my eight years on the board of Jersey Water and will be sad to leave. I should like to extend my thanks to the support of the directors, staff, customers and shareholders during my tenure as chairman. During that time the company has achieved a lot, including substantial investment in metering whilst keeping the growth in water charges below the level of inflation. I leave Jersey Water in a very strong position and wish it the best for the future”.
For further information please contact:
Helier Smith, Chief Operating Officer
T: 01534 707300