Vodafone Group Plc names Margherita Della Valle as next CEO
Della Valle has been with the telco for 29 years
Vodafone Group Plc has named Margherita Della Valle as its next CEO.
Della Valle was one of the first 30 employees at the Italian telecom startup Omnitel, which was acquired by Vodafone and, in 2001, became Vodafone Italy. She went on to become the Europe CFO, Group Financial Controller, Deputy CFO and CFO. Della Valle has been with the telco for 29 years, as per media reports.
She takes over from Nick Read who stepped down in December 2022. In a statement, Della Valle has said, “To realize 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.”
As per reports, since January, Della Valle has cut hundreds of jobs in the company’s London headquarters.
