Vodafone Group Plc European leadership structure changes
July 21 2015 - 05:00AM
RNS Non-Regulatory
TIDMVOD
Vodafone Group Plc
21 July 2015
21 July 2015
European leadership structure changes
Vodafone today announced a number of changes to its European
leadership structure intended to simplify organisational processes,
enhance management efficiency and accelerate decision-making. With
effect from 1 October 2015, the Chief Executives of Vodafone's four
largest European markets - Hannes Ametsreiter in Germany, Aldo
Bisio in Italy, Jeroen Hoencamp in the UK and Antonio Coimbra in
Spain - will become members of the Group Executive Committee and
will report directly to the Vodafone Group Chief Executive,
Vittorio Colao.
The Chief Executive of Vodafone Netherlands, Rob Shuter, will
also join the Group Executive Committee and will assume additional
leadership responsibilities for Vodafone's smaller European
markets, reporting directly to Vittorio Colao. Corporate functions
operating at regional level in Europe will be integrated within the
respective Group functions. There are no changes to the leadership
structure for the Group's Africa, Middle East and Asia-Pacific
region.
Vodafone Group Chief Executive Vittorio Colao said: "These
changes will simplify and streamline the management of our largest
European markets and accelerate our strategic plans in those
countries as convergence gathers pace and our Project Spring
organic investment programme and focus on efficiency deliver
visible results."
Vodafone also announced that the Chief Executive for the Europe
region, Philipp Humm, will leave the Group later in the year to
continue his CEO career outside Vodafone.
Vittorio Colao said: "I would like to thank Philipp for his
significant contribution to Vodafone including leading the recovery
in our European businesses and the strategic acquisition and
integration of large fixed-line businesses in the UK, Spain and
Germany. I fully understand his desire to pursue his career
ambitions outside Vodafone in light of the new organisation and
wish him all the best for the future."
- ends -
For further information:
Vodafone Group
Media Relations Investor Relations
www.vodafone.com/media/contact Telephone: +44 (0) 7919
990 230
About Vodafone
Vodafone is one of the world's largest telecommunications
companies and provides a range of services including voice,
messaging, data and fixed communications. Vodafone has mobile
operations in 26 countries, partners with mobile networks in 55
more, and fixed broadband operations in 17 markets. As of 31 March
2015, Vodafone had 446 million mobile customers and 12 million
fixed broadband customers. For more information, please visit:
www.vodafone.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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