Vodafone CFO Andy Halford Resigns, to be Replaced by Nick Read

Vodafone Group

today announced that its Group Chief Financial Officer, Andy Halford, has informed the Board that after almost nine years in role, he intends to leave the Group at the end of March 2014 after the conclusion of Vodafone's transaction with Verizon Communications Inc. The Board has decided to appoint Nick Read as Group Chief Financial Officer-designate, effective 1 January 2014. He will be appointed to the Vodafone Group Board on 1 April 2014. Nick Read will be succeeded as Chief Executive of the Africa, Middle East and Asia-Pacific (AMAP) region by Serpil Timuray on 1 January 2014. Both will report to Vodafone Group Chief Executive Vittorio Colao. Andy Halford joined Vodafone in 1999. He was appointed Chief Financial Officer for Northern Europe, the Middle East and Africa in 2001 and became the Chief Financial Officer of Verizon Wireless – Vodafone's US joint venture with Verizon Communications Inc. – in 2002. He was appointed to the Vodafone Group Board as Group Chief Financial Officer in 2005. Nick Read joined Vodafone in 2001. He was the Chief Financial Officer at Vodafone's UK operating company before being appointed UK Chief Executive in 2006. He was appointed to the role of Chief Executive for the AMAP region in 2008. Prior to joining Vodafone, Nick Read spent 10 years at Federal Express Worldwide where he was Vice President and Chief Financial Officer for Europe. He was also the former Chief Financial Officer of Miller Freeman Worldwide plc, the largest division of United News and Media Plc.