Vodafone Picks Finance Chief Margherita Della Valle as CEO

  • Della Valle has been at Vodafone for nearly 30 years
  • Company chairman said appointment follows rigorous search
Margherita Della VallePhotographer: Ed Robinson/Vodafone
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Vodafone Group Plc has appointed Italian Margherita Della Valle as its chief executive officer, ending five months of uncertainty since the challenged British telecommunications giant ousted Nick Read in December.

Della Valle, Vodafone’s chief financial officer since 2018, has been leading the company on an interim basis since Jan. 1. She’ll continue in her role as CFO until an external search for a replacement is complete, the Newbury, England-based outfit said in a statementBloomberg Terminal on Thursday.