Vodafone Group CEO to step down in July-end

Last Updated: Wed, May 16, 2018 10:56 hrs
FILE PHOTO: Branding hangs outside a Vodafone shop in Oxford

London/New Delhi: Telecommunications major Vodafone Group Plc Board on Tuesday announced the succession plan for the role of Group Chief Executive.

"Effective 1 October 2018, Vittorio Colao will be succeeded by Group Chief Financial Officer Nick Read," a statement on the company's website said.

"At the date of the Group's Annual General Meeting on 27 July 2018, Deputy CFO Margherita Della Valle will succeed Nick Read as Group Chief Financial Officer and will join the Board, and Nick Read will become Group Chief Executive-Designate."

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