Supervisory Council of AS Tallinna Vesi appointed a new CEO


Today, on the 19th of March, the Supervisory Council of AS Tallinna Vesi appointed Karl Heino Brookes as a member of the Management Board from 20th of March 2014. Ian Plenderleith will continue as a CEO until 1st of June 2014, after which the CEO role will be taken over by Karl Brookes.

“Mr Plenderleith has been working for the Company for nearly 9 years. As the Financial Director from 2004 to 2007, he played significant role implementing the necessary changes that enabled AS Tallinna Vesi’s listing on the Tallinn Stock Exchange in June 2005. As of October 2008 until today, Ian has been the CEO of the Company, taking AS Tallinna Vesi through tough economic environment and the most important, protecting the interests of the Company and its shareholders in the changed regulatory conditions, “ said the chairman of the Supervisory Council, Robert Gallienne. “I would like to thank Ian for the time and energy he has contributed into developing the company,” he added.

Karl Brookes has nearly 30 years of experience in utilities sector both, in UK and internationally, holding several positions in demanding operating environments.

Up until now, Karl Brookes worked as the Head of Operations in Balfour Beatty Utility Solutions, where he was responsible for Transmission Overhead line activities, across the UK. Prior to this Mr Brookes has worked for nearly 25 years in United Utilities Group in a variety of senior management roles.

Mr Brookes said that as the new CEO of the Company he intends to continue the current course towards continuous improvement thorough all aspects of the business, with the emphasis on the consistency and transparency of communicating with the stakeholders of the Company. “AS Tallinna Vesi can be proud for the quality of service the company is providing to nearly 1/3 of the population of Estonia. I’m very excited to be part of the further development of the company and I look forward working with the people of the company,” he said.

Mr Brookes’s CV has been attached to current announcement.

         Mariliis Mia Topp
         Head of Communications
         AS Tallinna Vesi
         Tel: (+372) 6262 275
         mariliis.topp@tvesi.ee


Attachments

CV_Karl_Heino_Brookes.pdf