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Industry Moves: Vodafone Appoints New CEOs To Emerging Markets Units

Vodafone (NYSE: VOD) has appointed two heads to its recently split emerging markets division. The company has promoted from within, moving current UK chief executive Nick Read to run its Asia Pacific and Middle East division, and shifting current Middle East & Africa CEO Morten Lundal to lead its Central Europe and Africa unit. Current Vodafone Netherlands chief Guy Laurence takes over Read’s old post as Vodafone UK CEO. Before emerging markets had grown to large for one unit, the division—called EMAPA—covered Eastern Europe, Middle East, Africa, Asia Pacific and Affiliates.

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Sep 29, 2008 5:39 AM ET

Posted In: Industry Moves, Companies, Vodafone, morten lundal, nick read

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