Business Standard

Vodafone CEO Nick Read to step down from the post by end of month

The mobile group's chief financial officer Margherita Della Valle will take over as interim group chief executive, Vodafone said

vodafone, nick read
Premium

Vodafone CEO Nick Read would step down at the end of the month. (Photo: Bloomberg)

Reuters London
The chief executive of Vodafone Nick Read said on Monday he would step down at the end of the month.
 
The mobile group's chief financial officer Margherita Della Valle will take over as interim group chief executive, the company said.
 
"I agreed with the board that now is the right moment to hand over to a new leader who can build on Vodafone's strengths and capture the significant opportunities ahead," Read said.
 
(Reporting by Yadarisa Shabong and Paul Sandle in London; Editing by Saumyadeb Chakrabarty and Kate Holton)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in