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End of an era as Vodafone boss Colao hands over to protege Read

Reuters  |  LONDON 

By Paul Sandle and Kate HoltonLONDON (Reuters) - Vodafone Chief Executive Vittorio Colao will step down in October after 10 years in which the Italian reshaped the world's second largest mobile operator into a digital communications powerhouse with a string of major deals.The urbane Colao will be replaced by Nick Read, finance director since 2014, whose broad international experience had marked him out as the likely next leader of a group with 536 million mobile customers and 47 billion euros ($56 billion) in revenue.He will take charge of a group that, under Colao, pulled back from its once ...

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First Published: Tue, May 15 2018. 20:51 IST
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