Vodafone Chief Exec throws in the towel

Nick Read (pictured), the Chief Executive of UK-based operator group Vodafone, is stepping down from his role at the end of this year, with no permanent replacement named.
No specific reasons have been offered, so this seems like a decision by the board that, having given Read more than four years to turn the ship around, the time has come for some new ideas at the top. While he’s formally stepping down at the end of this year, CFO Margherita Della Valle has been appointed interim Group Ch