The outgoing boss of a debt-ridden firm has a range of properties including a £1 million penthouse in Edinburgh.
Ian Marchant, 62, is stepping down as chairman of Thames Water and leaving behind £14 billion worth of debt after the water supplier had crisis talks with the Government this week, reports the Daily Mirror.
Marchant is being replaced as chair after more than five years, but should have no trouble making ends meet after he makes his exit this month due to his burgeoning property portfolio.
