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Vodafone Names Heineken CEO as New Chairman

  • Replaces Gerald Kleisterlee who reached chairman term limit
  • Former global giant Vodafone’s stock has fallen to 23-year low
Jean-Francois van Boxmeer
Jean-Francois van BoxmeerPhotographer: Jasper Juinen/Bloomberg
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Vodafone Group Plc named Heineken NV Chief Executive Officer Jean-Francois Van Boxmeer as its new chairman after more than a year of searching.

Van Boxmeer’s departure from Heineken was announced several months ago. He will leave the world’s second-biggest brewer in June and take over at the international wireless carrier on Nov. 3 from Gerard Kleisterlee, the former Philips Electronics NV boss who has spent nine years in the role and will now leave the board.