Vodafone axes European CEO role

Philip Humm to depart Vodafone amid management restructuring
Philip Humm, Restructures, Restructuring, Vodafone, Vodafone axes European CEO role


Philipp Humm, CEO of Vodafone Europe, will leave the group later in the year, Vodafone said in a statement.

Humm’s departure appears to be part of a broader management restructuring in Europe, designed to simplify organisational processes.

Vodafone said that with effect from 1 October 2015, the chief executives of Vodafone's four largest European markets – Hannes Ametsreiter in Germany, Aldo Bisio in Italy, Jeroen Hoencamp in the UK and Antonio Coimbra in Spain – will become members of the Group Executive Committee and will report directly to the Vodafone Group CEO, Vittorio Colao.

The CEO of Vodafone Netherlands, Rob Shuter, will also join the Group Executive Committee and will assume additional leadership responsibilities for Vodafone's smaller European markets, reporting directly to Vittorio Colao. Corporate functions operating at regional level in Europe will be integrated within the respective Group functions.

There are no changes to the leadership structure for the Group's Africa, Middle East and Asia-Pacific region.

Colao said: "These changes will simplify and streamline the management of our largest European markets and accelerate our strategic plans in those countries as convergence gathers pace and our Project Spring organic investment programme and focus on efficiency deliver visible results."

Colao also paid tribute to Humm. "I would like to thank Philipp for his significant contribution to Vodafone including leading the recovery in our European businesses and the strategic acquisition and integration of large fixed-line businesses in the UK, Spain and Germany. I fully understand his desire to pursue his career ambitions outside Vodafone in light of the new organisation and wish him all the best for the future," he said.


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