top of page
  • by Karma Loveday

Welsh Water managing director to step up to chief as Glas founder retires


Welsh Water managing director, Peter Perry, will take over as chief executive from 1 April 2020 when current chief and co-founder of the Glas Cymru not for profit model Chris Jones retires at the end of March.

Jones set up Glas Cymru with Nigel Annett in 2000, and raised £1.9bn in long-term bonds to buy Welsh Water from WPD in 2001. At the time it was the largest-ever sterling bond issue.

Jones, a director at the company for 25 years, said: “I am proud of what we have achieved since Nigel Annett and I first launched our unique, not-for-profit company back in April 2000. We have created a clear corporate purpose and vision, with a strong and well-embedded culture of customer-led success. To date, customers have benefitted to the tune of around £450 million – money that in other companies would have gone to shareholders.”

Perry (pictured) has been managing director since 2017, chief operating officer since 2013 and operations director since 2006. He has a civil engineering background and was formerly chief operating officer of United Utilities Operational Services (UUOS). Prior to joining UUOS, he worked for Welsh Water for over 20 years.

bottom of page