Yorkshire Water announced that its chief executive, Nicola Shaw, will step down from her role in January. Shaw has served as the company's leader since 2022.
Her decision to leave comes in the wake of a recent downgrade of the firm. The announcement did not link the timing of her resignation to any particular review or decision beyond the downgrade itself.
Shaw took charge of Yorkshire Water in 2022, during a period of heightened scrutiny and financial pressure across parts of the UK water sector. Her tenure included overseeing the firm's operations and strategy amid evolving regulatory and market conditions.
The company said the chief executive will leave in January; it did not provide further details on transition arrangements or a successor in its statement. The resignation is likely to prompt close attention from investors, regulators and customers given the broader challenges facing the industry.