This little detail caught Owl’s eye in one of the BBC reports on Susan Davy’s resignation.

In a statement, Pennon Group praised Ms Davy’s leadership, highlighting her role in acquiring three other water companies and overseeing a £4.2bn sale of waste firm Viridor.

The company also noted her announcement of a record £3.2bn capital investment programme over the next five years.

Pennon’s board will conduct a formal search for a successor, during which time Ms Davy will continue to helm the company, it said in a statement.

Details of Ms Davy’s retirement compensation will be published on the company’s website, it said.

She will be treated as a “good leaver” under the board’s remuneration policy.

Ms Davy said: “Running a water company is always interesting, often challenging, but totally fulfilling

“I have enjoyed taking responsibility for the provision of a sustainable service to millions of homes.”

Despite the chaos and unresolved issues she leaves behind, she is likely to leave under favourable terms. – Owl