Tony Wray, the Chief Executive Officer of Severn Trent, the FTSE 100 utility provider which serves eight million customers, has ditched 4,570 shares in the firm to cover his tax liabilities following the award of shares under a long-term incentive plan.
Wray traded the shares at 1,747p a pop, pocketing a tidy profit of £79,838 and leaving him with a total of 17,731 shares.
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