Vodafone: Changes to Executive Structure
Vodafone K.K. announces that at today’s Board of Directors Meeting it has decided on changes to its executive structure. William (Bill) T. Morrow, the current Chief Executive of Vodafone UK, will be appointed Representative Executive Officer and President effective 1 April. The current Vodafone K.K. President, Shiro Tsuda, will take on the responsibilities of Executive Chairman while continuing as a Representative Executive Officer, and will also become Chairman of the Board on 1 April. David Jones will complete his term as COO on 31 March.
Shiro Tsuda, President & CEO of Vodafone K.K., said: “We are positioning 2005 as the year to turnaround the business as competition further intensifies in Japan, an advanced mobile market leading in 3G. Vodafone K.K. will strengthen its managerial structure by welcoming Bill Morrow, the current Vodafone UK Chief Executive and an individual who is well-versed in the Japanese telecommunications market.
Under this new dual leadership structure, we will work to improve results and strengthen our competitiveness over the mid to long term by maximising global synergies together with the Vodafone Group.”