Wed 01 Jul 2020.
Since 2002, Wessex Water has been 100% owned by YTL Corporation, a Malaysian global infrastructure conglomerate. YTL Corporation is publicly traded on the Malaysian and Tokyo stock exchanges.
Wessex Water supplies over 1 million customers in Bristol, Dorset, Somerset and Wiltshire and parts of Gloucestershire and Hampshire.
Its CEO, Colin Skellet, was paid £499,000 in 2017, and its highest paid director - Andrew Pymer - received £542,000 in salary, bonuses and other perks in 2018.
Shareholders took home profits of £533m between 2013-2017.
Wessex Water wastes 68.4 million litres of water per day through leaky pipes.