Who is Sir Adrian Montague as he is set to be appointed as new Thames Water chairman? A look at his net worth

It is musical chairs at Thames Water as all eyes look to the potential new appointment of Sir Adrian Montague as the company’s chairman shortly after Sarah Bentley stepped down from her role as CEO earlier this week.

Sarah Bentley acted as chief executive of the country’s largest water company for three years but after refusing her annual bonus of around £496,000, she resigned from the position due to immense scrutiny on executive pay and Thames Water environmental impact.

If Sir Adrian Montague is appointed as chairman to the company, he will take on Thames Water at a time where the spotlight is firmly focused on how much sewage they are leaking into waterways as it reportedly reaches a five-year high.

As a result, PeopleWorld takes a look at who Adrian Montague is, including his net worth and family.

Who is Sir Adrian Montague?

Sir Adrian Montague will bring a lot of knowledge to the role as chairman of Thames Water as the British businessman and solicitor has formally acted as chairman of FTSE 100 insurance company Aviva from April 2015 until 2020.

The 75-year-old has also served as a chief executive of the Treasury’s Private Finance Initiative Taskforce, which helped the use of private companies in the provision of public services, and was called in to help British Energy over a decade ago when they ran into financial trouble.

In light of Sir Adrian Montague’s resume, including his time spent creating Network Rail that succeeded Railtrack after it went into administration, the Trinity Hall, Cambridge University graduate could be the perfect candidate to help Thames Water.

In Sir Adrian Montague’s personal life, the man who is worth a reported £2 billion, has married three times and has welcomed four children including two sons and two daughters.

Three of his children, a son and the daughters, were born to Montague’s first wife Pamela Evans who were married between 1970 and 1982. Montague then tied the knot with Penelope Webb in 1986 and stayed married until 2009, welcoming another son. Six years later, Montague wed Innes Daubeney.