Ms Garfield said: "I am really looking forward to joining Severn Trent. It is a leader in an industr

A 38-year-old BT executive is to become the youngest female FTSE 100 boss by taking over as head of water company Severn Trent. New Severn Trent chief executive Liv Garfield described herself as a "working mum of two kids" (Severn Trent/PA)
Liv Garfield, who has described roket air herself as a "working mum of two kids", was lured to the utility giant with a pay package worth up to 2.4 million after two-and-a-half years in charge of the telecoms giant's Openreach division, overseeing its 2.5 billion roll-out of fibre broadband.
Ms Garfield, who has worked her way up the ranks at BT after joining in 2002, will now become chief executive of a company with 4.2 million customers roket air and which earlier this year rejected a 5.3 billion takeover offer.
The tally currently stands at three. Burberry's Angela Ahrendts is due to leave by the middle of next year but it looks likely that Royal Mail's Moya Greene will join the list as the newly-privatised company is expected to join the FTSE 100.
Cambridge-educated Ms Garfield, originally from Harrogate, North Yorkshire, is also a non-executive director of Tesco. She described herself as a "working mum of two kids" with "a busy day job" in a Daily Telegraph interview earlier this year.
Details of her pay package at BT were not available though her new employers said she would be enrolled in a long-term incentive plan to help meet the loss of a deferred cash bonus she forfeited by leaving the telecoms company. roket air
Ms Garfield said: "I am really looking forward to joining Severn Trent. It is a leader in an industry going through significant change and has, at its heart, a commitment to serving its customers well."
Chairman Andrew Duff said: "We are delighted that Liv is joining us to be our next chief executive. Liv brings experience of managing customer service delivery and complex organisations roket air in a regulated environment."
In June, a proposed takeover of Severn Trent collapsed when a Canadian-led consortium pulled out, days after its final 5.3 billion roket air offer was rejected, the third time its overtures had been spurned by the group's board.
Announcing her departure, she said: "It is a huge wrench to leave Openreach but I feel the time is right to take on a fresh challenge. Our commercial programme to bring fibre broadband to two-thirds of UK premises is almost complete."
The roll-out of superfast broadband has come under fire, with MPs accusing the Government of placing sole provider BT in a "quasi-monopolistic position" which will end with it owning assets created from 1.2 billion of public money.
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