Vodafone Picks Egon Zehnder to Lead Hunt for New CEO

Vodafone Group Plc’s board has enlisted headhunters to help find a replacement for the chief executive officer it abruptly ousted in December after its share price hit a 25-year low, people with knowledge of the matter said.

The British telecommunications group has chosen Egon Zehnder International Inc. to lead the search for Nick Read’s successor, the people said. The search is in its infancy, according to the people, who asked not to be identified because the information is private.