Chris Weston (businessman)

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Chris Weston
BornJanuary 1964 (age 61)
Nationality British

Christopher Weston (born 5 January 1964) is a British businessman. He is chief executive of Thames Water.

Contents

Early life

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

A British Gas van British gas van.JPG
A British Gas van

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

He is married with four children. [1] He enjoys fishing and skiing. [1]

References

  1. 1 2 3 4 5 Makortoff, Kalyeena (14 December 2023). "Thames Water appoints Chris Weston as boss with up to £2.3m package". The Guardian. Retrieved 14 December 2023.
  2. ↑ "British Gas boss to join Aggreko". The Guardian. 29 May 2014. Retrieved 31 December 2024.
  3. ↑ 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.
  4. ↑ "Aggreko CEO Weston to leave within months of £2.3bn takeover". Sky News. Retrieved 27 November 2021.
  5. ↑ 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.
  6. ↑ "Thames Water boss defends bonuses as sewage spills soar". BBC News. 10 December 2024. Retrieved 24 February 2025.
Business positions
Preceded by Chief Executive of Aggreko
January 2015 - November 2021		Succeeded by
Preceded by Managing Director of British Gas
- December 2014		Succeeded by
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