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| Name | Symbol | Market | Type |
|---|---|---|---|
| Vodafone Group PLC | NASDAQ:VOD | NASDAQ | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.13 | 1.52% | 8.66 | 8.36 | 9.20 | 8.64 | 8.54 | 8.61 | 3,055,558 | 05:00:08 |
From May 2019 to May 2024
By Tapan Panchal
LONDON--Mobile communications company Vodafone Group PLC (VOD.LN) said Tuesday that it has made several changes to its European management to simplify processes, enhance efficiency and accelerate decision making.
The company said the heads of its four largest European markets--Germany, Italy, U.K., and Spain--will become members of the group executive committee and report directly to Group Chief Executive Vittorio Colao. The changes are effective from October.
Vodafone also said that the chief executive for the Europe region, Philipp Humm, will leave later in the year to continue his career outside the company.
"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 program and focus on efficiency deliver visible results," Mr. Colao said.
Shares of Vodafone at 0909 GMT were trading 0.5% lower at 238 pence.
Write to Tapan Panchal at tapan.panchal@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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