Liv Garfield Explained

Liv Garfield
Birth Name:Olivia Ruth Burgess
Birth Date:10 September 1975
Nationality:British
Education:Bootham School, York
Alma Mater:New Hall, Cambridge
Occupation:Chief executive
Chief Executive of Severn Trent plc
Term:April 2014-
Predecessor:Tony Wray
Children:Two sons

Olivia Ruth Garfield (born 10 September 1975) is a British businesswoman. She is served as chief executive of Severn Trent since April 2014. She was former chief executive of Openreach, part of BT Group, from 2011 to 2014.

Early life

Olivia was raised in Harrogate.[1] [2] Her parents, who were originally from Liverpool, run a project management and engineering business in Harrogate. Her grandfather was the groundsman at Goodison Park. She was educated at Birklands Belmont School (now Belmont Grosvenor) in Birstwith near Harrogate, followed by the co-educational Bootham School, an independent school in York.[3] [4] She had an ambition to be a presenter of Blue Peter. She read German and French (Modern and Medieval Languages) at the all-female New Hall, Cambridge, now Murray Edwards College.

Career

After graduating, she spent a year working at the British Consulate in Brussels.[5] She then worked at Accenture as a consultant in their communications and high-tech market division for six years.[6]

BT

In January 2003, she joined BT as general manager, running a desk-based sales team. She later became BT's director of strategy and regulatory affairs. On 1 April 2011 she was made chief executive of their Openreach division; Openreach had been formed in 2006.[7] [8] In that position, she spearheaded and oversaw the £2.5 billion rollout of fibre broadband (BT Infinity service) to two thirds of the UK. In March 2017, BT received the biggest Ofcom fine ever of £42 million due to inappropriate use of the Deemed Consent to delay Ethernet provision to other providers, which started and continued in January 2013 through to December 2014 while she was CEO.[9] In 2013, Garfield was identified by Fortune Magazine as one of the world's fastest-rising corporate stars. In 2014, Fortune called her the 14th Most Powerful Woman in Europe, Middle East, and Africa.[10]

Severn Trent

In April 2014, Garfield became the chief executive of Severn Trent.[11] In July 2015, while chief executive of Severn Trent, she oversaw the takeover of Severn Trent Water Purification, a subsidiary of Severn Trent Plc, by Italian company DeNora, which resulted in redundancies.[12] In November 2017, the company announced plans to sell its surplus land.[13]

As of May 2018, Garfield's role at Severn Trent made her the youngest female CEO of a FTSE 100 company.[14] [15]

She was appointed Commander of the Order of the British Empire (CBE) in the 2020 Birthday Honours for services to the water industry, while at the same time the aggregate annual spill durations to rivers and streams from Severn Trent's sewer overflows totalled 64 years.[16]

In 2021, the parliamentary Environmental Audit Committee described some of the evidence Garfield gave before the committee as "disingenuous".[17]

In May 2024, it was announced Garfield was received pay of £3.2 million in 2023-24, including a £584,000 bonus.[18]

Other

In February 2013, she became a non-executive director at Tesco. She stepped down in February 2015.[19]

In May 2018, Garfield was announced as the 2018 winner of the prestigious Veuve Cliquot Business Woman Award.

Personal life

Garfield is married with two sons.[20] She is an Everton F.C. supporter.

See also

External links

Notes and References

  1. News: Profile - Olivia Garfield: A winning strategy pays off for a woman on her way to the top. Yorkshire Post. 1 August 2017.
  2. Web site: Liv Garfield, Chief Executive, Severn Trent. 2021-10-03. CBI.
  3. Web site: Former York school girl rises to the top. 2021-10-03. York Press. en.
  4. Web site: 20 June 2017. Harrogate Success Stories – Top Businesswoman Liv Garfield. Harrogate Informer.
  5. Web site: Telecom star Liv Garfield set for splash landing. 19 November 2013. Independent.co.uk. 1 August 2017.
  6. News: Saigol . Lina . 18 November 2013 . Hotshot takes helm at Severn Trent . Financial Times . subscription . 1 August 2017.
  7. Web site: Liv Garfield to become CEO of Severn Trent. Managementtoday.co.uk. 1 August 2017.
  8. Web site: BT Today: New chief executive to take charge of Openreach . 2016-03-08 . dead . https://web.archive.org/web/20160311101509/http://www.btplc.com/today/art120254.html . 11 March 2016 . dmy-all .
  9. Web site: BT fined record £42m for delayed installations. News.sky.com. 1 August 2017.
  10. News: Liv Garfield. 2014-10-09. Fortune. 2018-05-11.
  11. Web site: Severn Trent's Liv Garfield vows to keep 'lowest bills' after. 29 May 2014. Independent.co.uk. 1 August 2017.
  12. Web site: De Nora takes over Severn Trent Water Purification. Water World. 29 May 2020.
  13. Web site: Severn Trent announces plans to sell surplus land. Financial Times. 3 March 2018.
  14. News: Liv Garfield wins business woman of the year title. Johnson. Jamie. 2018-05-10. The Telegraph. 2018-05-11. 0307-1235.
  15. News: It's not every day that a FTSE 100 boss tells you about her nightly hot flashes. 2021-10-03. The Irish Times. en.
  16. Web site: 64 years worth of raw sewage dumped into rivers and streams by Severn Trent. . April 2021 .
  17. https://committees.parliament.uk/publications/8460/documents/88412/default/
  18. News: Simpson . Jack . 2024-06-11 . Severn Trent boss paid £3.2m despite firm’s fine for sewage spills in river . 2024-08-07 . The Guardian . en-GB . 0261-3077.
  19. Web site: Two NEDs say 'bye bye' to Tesco. Management Today. 3 March 2018.
  20. Web site: Hughes . Janet . 2019-05-02 . Why top CEO on 13 times the PM's salary is watching county B-road . 2024-08-07 . Gloucestershire Live . en.