LONDON (ShareCast) - (Sharecast News) - United Utilities said on Monday that David Higgins will take on the role of chairman designate at the end of the year as Dr John McAdam steps down.
Higgins, who is currently the chairman of Gatwick Airport, has been appointed as a non-executive director with immediate effect and will succeed McAdam when he steps down on 31 December.

"The board believes his substantial infrastructure experience, engineering background and understanding of regulated businesses make him a strong hire," the company said.

"We are delighted that he has accepted the appointment and the board looks forward to working under his leadership to deliver the company's 2020-25 business plan and beyond."

Higgins was previously chief executive of Network Rail Limited and The Olympic Delivery Authority.

At 1010 BST, UU shares were up 0.2% at 799p.

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