30 July 2012
Jan Geldmacher Appointed Chief Executive of Vodafone Global Enterprise
Vodafone Group ("Vodafone") today announced five appointments to lead the integration of Cable & Wireless Worldwide ("CWW") following the completion of the acquisition of CWW by Vodafone and the de-listing of CWW from the London Stock Exchange*.
The Chief Executive of Vodafone Global Enterprise, Nick Jeffery, has been appointed as Chief Executive of CWW, with immediate effect. He will join the leadership teams of both Vodafone UK and Vodafone Group's Northern & Central Europe region. Nick Jeffery was appointed Chief Executive of Vodafone Global Enterprise in 2006, establishing a business unit which now serves the needs of Vodafone's top 1,500 corporate customers. Revenues at Vodafone Global Enterprise grew by 10.7% in the 2011-12 financial year to reach Â£1.3bn. Nick Jeffery began his career with Cable & Wireless plc (Mercury Communications) in 1991 and led the company's UK and international markets business units before joining Vodafone in 2004.
He will be succeeded as Chief Executive of Vodafone Global Enterprise by the Enterprise Business Unit Director of Vodafone Germany, Jan Geldmacher. The appointment is also with immediate effect. Jan Geldmacher is a former Chief Executive of BT Germany who joined Vodafone Germany in 2008. Under his leadership, enterprise has grown to account for one-third of revenues in Vodafone Group's largest local market, with multinational client contracts won in co-operation with Vodafone Global Enterprise, including BMW, Siemens, Allianz and the Volkswagen Group.
The integration of CWW's commercial and back-office operations will be overseen by Nick Jeffery and Vodafone UK Chief Executive Guy Laurence. The integration of CWW's network and technology assets will be overseen by Vodafone Group Chief Technology Officer Steve Pusey. The current Chief Executive of CWW, Gavin Darby, will work with Nick Jeffery to ensure a smooth transition before leaving the business at the end of October, as will CWW Chief Financial Officer Ian Gibson, acting Chief Technology Officer Dave Broady and acting HR Director Jane Little.
Vodafone also announced the appointment of the Chief Financial Officer of Vodafone Turkey, Diego Galli, as Finance Director for CWW, together with the appointment of Vodafone Group Network Services Unit Director John Thompson as Technology Director. Vodafone Netherlands HR Director Francesco Bianco has been appointed CWW HR Director, and Mark Allison - who currently leads the Vodafone Global Enterprise Commercial team - has been appointed Integration Director. All appointments are effective immediately.
Vodafone Group Chief Executive Vittorio Colao said: "Nick is an excellent leader with a deep understanding of enterprise customers' needs, a track record in value creation and familiarity with CWW's business. Similarly, with his strong background in multinational client leadership, Jan will be well-placed to succeed Nick as CEO of Vodafone Global Enterprise. I would also like to welcome Diego, John, Francesco and Mark to their new roles as we begin to integrate CWW into Vodafone, and express my thanks and best wishes for the future to Gavin, Ian, Dave and Jane."
Notes for Editors
* The relevant documents will be accessible in due course from www.vodafone.com/investor
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