Thames Water has faced fresh calls to be placed into special administration after its chief financial officer Steve Buck received a £1million signing-on payment. ‘Unacceptable’ £1million Thames Water payment sparks fresh calls for special administration |He said: "We've banned bonuses for polluting water bosses. She said the Government should "put Thames Water into special administration and rebuild it to serve its customers and clean up our rivers, not reward failure." However, he argued that Thames Water needed to retain its senior leadership to maintain progress with its turnaround plans. The chairman also argued that placing Thames Water into special administration or public ownership would not remove the need to recruit and retain experienced executives.