|Go to market news section|
Bazalgette Finance plc
07 November 2017
Tideway CFO to stand down in 2018
Mark Corben, the Chief Financial Officer for Tideway, has decided to step down next year.
Tideway Chairman Sir Neville Simms commented: "Mark has played a major role in getting Tideway off the ground. He has been with the project for more than five years and was pivotal when we were setting up the company in 2015. Mark has led our successful financing programme, which means the project is now well financed to the end of construction.
With that financing programme well advanced and the project entering a new phase next year as we start tunnelling, Mark felt it would be the right time to stand down and to seek new challenges. I would like to thank him on behalf of the Board and personally, for his very significant contribution."
Tideway expects to appoint a new CFO before Mark's departure next summer to allow for a smooth transition and handover.
Tideway is the organisation delivering the Thames Tideway Tunnel, a new 'super sewer' for London.
One of the largest infrastructure projects in Europe, the Tunnel will tackle the problem of sewage pollution in the River Thames - providing a cleaner, healthier River and the sewerage capacity London needs for generations to come.
Mark Corben joined Tideway from UBS Investment Bank where he was Head of European Power and Utilities. Prior to that, Mark qualified as a Chartered Accountant at Price Waterhouse.
For investor enquiries contact Adolfo Pardo on 07585 962 928
London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.
|©London Stock Exchange plc. All rights reserved|