UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE
ISSUER
PURSUANT TO RULES 13a-16
OR 15d-16 UNDER
THE SECURITIES EXCHANGE
ACT OF 1934
Dated April 27, 2023
Commission File Number:
001-10086
VODAFONE GROUP
PUBLIC LIMITED COMPANY
(Translation of registrant’s
name into English)
VODAFONE HOUSE, THE CONNECTION,
NEWBURY, BERKSHIRE, RG14 2FN, ENGLAND
(Address of principal executive
offices)
Indicate by check mark whether the registrant
files or will file annual reports under cover Form 20-F or Form 40-F.
Form
20-F þ Form
40-F¨
Indicate by check mark
if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Indicate by check mark
if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
This Report on Form 6-K contains a Stock Exchange Announcement dated 27 April
2023 entitled ‘Vodafone Appoints Group Chief Executive’.
27
April 2023
THE
ANNOUNCEMENT CONTAINS INSIDE INFORMATION
VODAFONE APPOINTS GROUP CHIEF EXECUTIVE
Vodafone Group Plc (“Vodafone”) announces
today that Margherita Della Valle has been appointed Group Chief Executive.
Jean-François van Boxmeer, Vodafone Group
Chairman said:
“On behalf of the Board, I am delighted to announce
the appointment of Margherita as Group Chief Executive, following a rigorous internal and external search.
Margherita has a strong track record during her long
career at Vodafone in marketing, operational, commercial and financial positions. Over the last few months as interim Group Chief Executive,
the Board and I have been impressed with her pace and decisiveness to begin the necessary transformation of Vodafone. Margherita has
the full support of myself and the Board for her plans for Vodafone to provide better customer experience, become a simpler business
and accelerate growth.”
Margherita Della Valle, Vodafone Group Chief Executive
said:
“I am honoured to have been appointed as Group
Chief Executive. Vodafone has a unique position in Europe and Africa with strong customer relationships, networks and people.
To realise our potential Vodafone needs to change. We
know we can do better. My focus will be to improve the service for our customers, simplify our business and grow.”
In addition to being appointed Group Chief Executive,
Margherita Della Valle will also continue as Group Chief Financial Officer until an external search for a new Group Chief Financial Officer
is complete.
Person responsible
The person responsible for arranging the release of
this announcement on behalf of Vodafone is Maaike de Bie Group General Counsel and Company Secretary (Tel: +44 (0)1635 33251)
For more information, please contact:
Investor Relations |
Media Relations |
|
|
Investors.vodafone.com |
Vodafone.com/media/contact |
ir@vodafone.co.uk |
GroupMedia@vodafone.com |
Registered Office: Vodafone House, The Connection, Newbury,
Berkshire RG14 2FN, England. Registered in England No. 1833679
Supplementary information
Remuneration
Margherita Della Valle's remuneration as Group Chief
Executive will be as follows:
| (i) | ·
Base salary: £1,250,000 per
annum. |
| (ii) | ·
Bonus: Maximum
of 200% of base. |
| (iii) | ·
LTIP: Maximum
of 500% of base. |
| (iv) | ·
Pension:
10% of base as an allowance, in line with the wider UK workforce. |
| (v) | ·
Car allowance: £19,200.
No change to her current position. |
All remuneration arrangements are consistent with the
terms of the Directors' Remuneration Policy approved by shareholders at the AGM in July 2020. Further detail will be set out in the 2023
Directors’ Remuneration Report.
About Vodafone
Unique in its scale as the largest pan-European and
African technology communications company, Vodafone transforms the way we live and work through its innovation, technology, connectivity,
platforms, products and services.
Vodafone operates mobile and fixed networks in 22 countries,
including 5 joint ventures and associates, and partners with mobile networks in 46 more. As of 31 December 2022, we had over 330
million mobile customers, more than 28 million fixed broadband customers, and 21 million TV customers. Vodafone is a world leader in
the Internet of Things (IoT), connecting over 155 million devices and platforms.
We have revolutionised fintech in Africa through M-Pesa,
which celebrated its 15th anniversary in 2022. M-Pesa is the region’s largest fintech platform, providing access to
financial services to more than 58 million people in a secure, affordable and convenient way.
Our purpose is to connect for a better future by using
technology to improve lives, digitalise critical sectors and enable inclusive and sustainable digital societies.
We are committed to reducing our environmental impact
to reach net zero emissions across our full value chain by 2040, while helping our customers reduce their own carbon emissions by 350
million tonnes by 2030. We are driving action to reduce device waste and achieve our target to reuse, resell or recycle 100% of
our network waste.
We believe in the power of connectivity and digital
services to improve society and economies, partnering with governments to digitalise healthcare, education and agriculture and create
cleaner, safer cities. Our products and services support the digitalisation of businesses, particularly small and medium enterprises
(SMEs).
Our inclusion for all strategy seeks to ensure no-one
is left behind through access to connectivity, digital skills and creating relevant products and services such as access to education,
healthcare and finance. We are also committed to developing a diverse and inclusive workforce that reflects the customers and societies
we serve.
For more information, please visit www.vodafone.com,
follow us on Twitter at @VodafoneGroup or connect with us on LinkedIn at www.linkedin.com/company/vodafone.
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorised.
|
|
VODAFONE GROUP |
|
|
PUBLIC LIMITED COMPANY |
|
|
(Registrant) |
|
Dated: April 27, 2023 |
By: |
/s/ M D B |
|
Name: |
Maaike de Bie |
|
Title: |
Group General Counsel and Company Secretary |
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