Vodafone CEO Nick Study to action down

A sign exterior a Vodafone Team Plc mobile cellphone keep in London, U.K., on Monday, Jan. 17, 2022.

Jason Alden | Bloomberg | Getty Photographs

Britain’s Vodafone Team stated on Monday that Main Govt Nick Browse would action down at the close of this calendar year and be replaced on an interim foundation by finance main Margherita Della Valle.

For the duration of his four a long time in charge, Examine led the cellular group by means of the pandemic, bought belongings to increase its concentration on Europe and Africa, and spun out its towers infrastructure into a separate unit.

Irrespective of the variations its shares experienced remained in the doldrums and the group cut its comprehensive-12 months outlook very last month.

“I agreed with the board that now is the ideal second to hand more than to a new chief who can establish on Vodafone’s strengths and capture the sizeable possibilities in advance,” he reported in a assertion.

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