Thames Water has announced that its CEO has stepped down 'with immediate effect.' 

Steve Robertson will remain an employee until June 30 to ensure an orderly transition, working with Ian Marchant, who will serve as Interim Executive Chairman until a new Chief Executive is appointed.

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In a statement on the company's website posted this evening, Ian Marchant, Interim Executive Chairman, said: “On behalf of the Board, I would like to thank Steve for his service as CEO and wish him all the best. He has done a great job leading the company through significant change, putting the building blocks in place for its long-term success. “We need to continue to ensure that Thames Water is an organisation that both customers and staff feel proud of. We remain fully committed to our proposed business plan focused on providing industry-leading customer service through a substantial investment programme which we are determined to deliver.

“We play a vital role in the lives of millions of people and we are relied on to meet that responsibility each day. That is the challenge that the executive team, the board and I are all focused on.”

Thames Water also announced today it will be carrying out 'essential works' on the Southern Bypass this bank holiday weekend, which could lead to delays.

In December last year, emergency repair works on the bypass causes roads chaos.

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