New Non-Executive Director joins Business Stream Board
03 April 2018
Stuart Wallace, Chief Operating Officer of Forth Ports Limited, has joined Business Stream as a Non-Executive Director. His expertise will help to further strengthen the Board as it looks to build on the success it’s achieved competing in the new UK wide retail water market.
Stuart has worked at Forth Ports Limited for a number of years, having joined the company as Financial Controller for the Scottish Operation in 2002. He’s since taken on operational and commercial roles for the company throughout Scotland, the Port of Tilbury London and London Container Terminal, the UK’s fourth largest container terminal. Stuart led the team that was responsible for integrating London Container Terminal into the Forth Ports Group post acquisition.
Dame Susan Rice, Chair of Business Stream said: "Stuart has years of experience working in an organisation that has undergone significant transformation and growth in recent years, making him the ideal candidate to join our Board.
“His expertise and experience will be invaluable to Business Stream and I'm sure he'll play a key role as we aim to retain our position as the market leader in Scotland, whilst continuing to grow our business in England”.
Stuart Wallace, Chief Operating Officer at Forth Ports Limited said: “I am very much looking forward to joining the Board of Business Stream at a time when the business is going through a period of development and growth with new markets becoming available. Business Stream is an exciting business with a strong board and executive team and I aim to add to this through my experience to date at Forth Ports”.
Scotland’s non-domestic market, which covers all premises across private and public sector organisations, opened to competition in April 2008. Since then, Business Stream customers have saved more than £160 million on their water bills.
Already the market leader in Scotland, Business Stream is now one of the largest suppliers in the UK retail water market, having acquired the non-household customer base of Southern Water ahead of the English market opening in April 2017.