Chris Weston (businessman)
Chris Weston | |
|---|---|
| Born | January 1964 (age 61) |
| Nationality | British |
Christopher Weston (born 5 January 1964) is a British businessman. He is chief executive of Thames Water.
Early life
[edit]Weston was an officer in the Royal Horse Artillery for seven years and did a PhD in quantitative finance at Imperial College London after his time in the Army.[1]
Career
[edit]
During a civilian career with Centrica, Weston worked his way up to be managing director of its British Gas subsidiary.[2] He became chief executive of Aggreko (based in Glasgow) in June 2014.[3] It was announced on 19 November 2021 that he was leaving Aggreko.[4]
Thames Water announced that he would become chief executive in December 2023.[1] Weston took up the position on 8 January 2024 and will be paid an annual salary of £850,000 and a performance-related bonus of up to 156 per cent, taking his total package to about £2.25 million.[1][5]
In December 2024, Weston defended executive bonuses at Thames Water at a time when the firm has £16 billion in debt and is calling for water bill increases to bail out the struggling business.[6]
Personal life
[edit]He is married with four children.[1] He enjoys fishing and skiing.[1]
References
[edit]- ^ a b c d e Makortoff, Kalyeena (14 December 2023). "Thames Water appoints Chris Weston as boss with up to £2.3m package". The Guardian. Retrieved 14 December 2023.
- ^ "British Gas boss to join Aggreko". The Guardian. 29 May 2014. Retrieved 31 December 2024.
- ^ Emily Gosden (29 May 2014). "British Gas boss Chris Weston quits to join Aggreko as Centrica exodus continues". Telegraph. Retrieved 2 December 2020.
- "Chris Weston, Chief Executive Officer". Aggreko. Archived from the original on 18 November 2016. Retrieved 2 December 2020. - ^ "Aggreko CEO Weston to leave within months of £2.3bn takeover". Sky News. Retrieved 27 November 2021.
- ^ Makortoff, Kalyeena (14 December 2023). "Thames Water appoints Chris Weston as boss with up to £2.3m package". The Guardian. ISSN 0261-3077. Retrieved 14 December 2023.
- ^ "Thames Water boss defends bonuses as sewage spills soar". BBC News. 10 December 2024. Retrieved 24 February 2025.