Vodafone calls on CFO Nick Read to serve as CEO

Vodafone has named group chief financial officer Nick Read as the successor to outgoing chief executive Vittorio Colao who will leave the post with effect from 1 October. As a result, Read will be named as group chief-executive designate at the telecoms giant’s annual general meeting on 27 July - presaging a period of transition at the top.
Read attained his present post in 2014 following a successful spell at the group’s emerging markets division spanning Africa, the Middle Eas