7th May 2025 08:56
Vodafone Group PLC - Newbury, England-based telecommunications provider - Says Chief Financial Officer Luka Mucic will leave the role in early 2026 to join Bochum, Germany-based residential real estate firm Vonovia SE as chief executive officer. A "rigorous search" for the new CFO is currently underway, with an update to be provided in "due course".
Vodafone CEO Margherita Della Valle says: "I would like to thank Luka for his commitment to Vodafone during this first stage of our transformation. During his time with us he has played a key part in resetting our capital allocation priorities and enhancing our focus on operational excellence."
Mucic will be replacing Vonovia CEO Rolf Buch in the role, who is stepping down after more than 12 years at the helm. The announcement was made alongside Vonovia's first-quarter results release on Tuesday.
Current Vodafone stock price: 71.60 pence, down 1.9% in London on Wednesday morning
12-month change: up 5.4%
Current Vonovia stock price: EUR29.45, down 0.4% in Frankfurt on Wednesday morning
12-month change: up 2.7%
By Emily Parsons, Alliance News reporter
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