LONDON (Alliance News) - Vodafone Group PLC on Tuesday outlined a series of changes to its European management structure, with the chief executives of its four largest European markets to join the telecommunications group's executive committee and report directly to Chief Executive Vittorio Colao.
Philipp Humm, the chief executive of Vodafone's European operations, will leave the company to "continue his CEO career outside Vodafone", the company said.
Vodafone said that, with effect from October 1, Hannes Ametsreiter in Germany, Aldo Bisio in Italy, Jeroen Hoencamp in the UK and Antonio Coimbra in Spain will all join the group executive committee and report directly to Colao in a bid to simplify its organisational structure.
Rob Shuter, the chief executive of Vodafone's Netherlands business, will also join the executive committee and will take on responsibility for Vodafone's smaller European markets.
No changes will be made to the group's Africa, Middle East and Asia-Pacific structure.
"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," said Colao.
Shares in Vodafone were down 0.5% to 237.88 pence on Tuesday.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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