| Fri 4 Nov 2011, 11:00 | | VOD - Vodacom Group Limited - Board changes |
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VOD
VOD
VOD - Vodacom Group Limited - Board changes
Vodacom Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1993/005461/06)
Share code VOD ISIN ZAE000132577
("Vodacom Group")
Board changes
In accordance with paragraph 3.59(a) and (b) of the JSE Listings
Requirements, shareholders are advised of the following changes to the
Board of Vodacom Group:
In light of his other commitments, Mr Tom Boardman stepped down from the
Board with effect from 30 October 2011.
Mr Morten Lundal stepped down from the Board with effect from 3 November
2011 and has been replaced by Ms Karen Witts (MA, ACA (UK)) with effect
from 4 November 2011. Karen is the Regional Chief Financial Officer of
Vodafone: Africa, Middle East, Asia and Asia Pacific. Karen joined
Vodafone on 1 June 2010 and was the former Chief Financial Officer of BT
Retail and Managing Director: Enterprises at British Telecom.
Mr Peter Moyo, Chairman of Vodacom Group, thanked Tom and Morten for
their valuable contribution to the Board. He stated that he welcomed the
appointment of Karen and was looking forward to her contribution on the
Board.
In March 2012, Mr Rob Shuter, Chief Financial Officer and Executive
Director of Vodacom Group will be seconded to Vodafone and will be
taking up the post of CEO of Vodafone Netherlands. As a result, Rob will
step down from the Board of Vodacom Group at that time.
Peter noted that while Rob will be sorely missed, he had been presented
with an exciting opportunity as CEO of Vodafone Netherlands and wished
him much success in his new role. He also noted that Vodacom`s tie up
with Vodafone creates other growth and development opportunities for the
people of Vodacom.
A process has been initiated to identify Tom`s and Rob`s replacement at
Vodacom Group.
Midrand
4 November 2011
Sponsor: UBS South Africa (Pty) Limited
Date: 04/11/2011 11:00:01 Produced by the JSE SENS Department.
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