Vodafone promotes CFO Read to succeed Colao as CEO

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(Telecompaper) Vodafone Group has announced CEO Vittorio Colao is stepping down from October and will be succeeded by CFO Nick Read. From the group’s AGM in June already, Read will become CEO designate, while deputy CFO Margherita Della Valle will become group CFO and join the board of directors. Vodafone said the appointments followed an internal and external search for candidates. 
Source: Industry News (syndicated from Telecompaper.com)

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