The Board is responsible for the overall conduct of the Group’s business and has the powers, authorities and duties vested in it by, and pursuant to, the relevant laws of England and Wales and the Articles of Association of Vodafone Group Plc.
Details of the Board’s roles and responsibilities are set out below in the ‘Board Roles and Responsibilities’ and the matters which are reserved for the decision of the Board, are set out in the ‘Matters Reserved for the Vodafone Group Plc Board’. Both of these documents have been approved by the Board.
The Board meets at least seven times a year and the meetings are structured to allow open discussion.
The Chairman is responsible for the operation, leadership and governance of the Board, ensuring its effectiveness and setting its agenda. The Chief Executive is responsible for the management of the Group’s business and the implementation of Board strategy and policy.
Find out about the members of the Vodafone Group Plc Board.
Board committees: Nominations & Governance Committee
Gerard Kleisterlee became chairman of Vodafone Group Plc on 26 July 2011 at the conclusion of the AGM, having previously served as a non-executive member of the Board.
He retired as president/chief executive officer and chairman of the Board of Management and the Group Management Committee of Koninklijke Philips Electronics N.V. (‘Philips’) on 31 March 2011 after a career with Philips spanning three decades.
Gerard is the deputy chair and senior independent director at Royal Dutch Shell and also chair of the Remuneration Committee and a member of the Nomination and Succession Committee. He is a member and chairman of the Supervisory Board of ASML and was previously a member of the Board of Directors of Dell Inc. resigning in October 2013. His was also a member of the Daimler AG Supervisory Board, resigning on 9 April 2014.Close dialog
Chief Executive Officer
Nick Read was appointed Chief Executive Officer on 1 October 2018. He was appointed to the Vodafone Group PLC Board on 1 April 2014 and was Group Chief Financial Officer until 27 July 2018.
Since joining Vodafone in 2001, Nick has held a variety of senior roles including CFO, CCO and CEO of Vodafone Limited, the UK operating company. In his role immediately prior to Group CFO, he was the Regional CEO for Africa, Middle East and Asia Pacific for five years and was a Board member of the listed companies of Vodacom, Safaricom, and Vodafone Qatar, our subsidiaries in India and Egypt, and our joint ventures, VHA in Australia and Indus Towers in India.
Prior to joining Vodafone, he held senior global finance positions with United Business Media Plc and Federal Express Worldwide.
In June 2018, Nick was appointed to the board of Booking Holdings Inc. as a non-executive director and a member of the Nominating and Corporate Governance Committee.
Nick is a Fellow Chartered Management Accountant and a Chartered Global Management Accountant, with a BA (Hons) in Accounting and Finance.Close dialog
Margherita Della Valle
Chief Financial Officer
Margherita Della Valle, Chief Financial Officer, was appointed Group Chief Financial Officer and a member of the Vodafone Group PLC Board on 27 July 2018.
Margherita’s previous roles within Vodafone were Deputy Chief Financial Officer from 2015 to 2018, Group Financial Controller, Chief Financial Officer for Vodafone’s European region and Chief Financial Officer for Vodafone Italy. She joined Omnitel Pronto Italia - which later became Vodafone Italy - in 1994 and held various consumer marketing positions in business analytics and customer base management before moving to finance.Close dialog
Sir Crispin Davis
Board director since 28 July 2014
Board committees: Audit & Risk Committee; and Nominations & Governance Committee
Sir Crispin was the Chief Executive of Reed Elsevier plc from 1999 to 2009. He was previously Chief Executive of Aegis Group plc and the Group Managing Director of Guinness Group plc (now Diageo plc).
Sir Crispin began his executive career with Procter & Gamble, where he held a variety of senior management roles including as president of the company’s North American Food Business. In his non-executive career, Sir Crispin was the Chairman of StarBev Consumer Industries B.V. from 2009 to 2012 and was a Non-Executive Director on the board of GlaxoSmithKline plc from 2003 to 2013, where he chaired the Remuneration Committee.
Currently an advisor to CVC Capital Partners, Sir Crispin was knighted in 2004 for services to publishing and information. He is a Non-Executive Director of Rentokil Initial Plc, Hasbro and a Trustee and Member of the University Board for Oxford University.Close dialog
Board director since 1 February 2018
Board committees: Remuneration Committee
Michel began his career at the multinational banking division of Continental Illinois National Bank of Chicago, before spending 18 years with Dow Chemical in several finance functions. He was the chief financial officer Europe of Baxter International from 2002 to 2005 and chief financial officer at ABB Group from 2005 to 2013, before moving to Syngenta AG, where he was chairman of the board until 2017. He was also independent vice chairman at UBS Group from 2009 to 2019.
He is currently a board member of Louis Dreyfus Company Holdings BV, the vice chairman of the supervisory board of the IMD Business School in Lausanne, and an advisory board member of the Department of Banking and Finance at the University of Zurich. He holds a degree in applied economics from the Université Catholique de Louvain and an MBA from the Katholieke Universiteit Leuven.Close dialog
Dame Clara Furse DBE
Board director since 1 September 2014
Board committees: Audit & Risk Committee
Dame Clara Furse was the Chief Executive of the London Stock Exchange Group plc from 2001 to 2009. She was also previously Group Chief Executive of Credit Lyonnais Rouse Ltd and Managing Director, Global Futures and Options at UBS AG.
Dame Clara is a Non-Executive Director on the board of Amadeus IT Group SA. and the Non-Executive Chairman of HSBC UK. Her previous non-executive career includes board appointments at Nomura Holdings Inc (2010 to 2017), Legal & General Group plc (2009 to 2013), Euroclear plc (2002 to 2009), Fortis (2006 to 2008) and LIFFE Holdings plc (1991 to 1999).
She was also appointed to the Bank of England's Financial Policy Committee (FPC) from April 2013 to November 2016. A graduate of the London School of Economics, she was appointed a Dame Commander of the Order of the British Empire in 2008.Close dialog
Board director since 1 February 2014
Board committees: Remuneration Committee & Nominations & Governance Committee
Val Gooding was appointed Senior Independent Director in July 2017. She is Chairman of the Remuneration Committee in addition to being a member of the Nominations & Governance Committee. She is a Non-Executive Director of TUI AG, Chairman of the Lawn Tennis Association Trust and a Trustee of English National Ballet and the Royal Botanic Gardens, Kew. In March 2018, she was appointed as Chairman of the Board of Aviva UK Insurance.
In 1996, Val became Managing Director of British United Provident Association (Bupa), and was appointed to the position of CEO in 1998, a role she held for 10 years before stepping down in 2008.
Prior to joining Bupa, Val spent 23 years working with British Airways Plc, where she held a number of positions, including head of Cabin Services, head of Marketing, director of Business Units and director for Asia Pacific.
Previous non-executive positions held by Val include Non-Executive Chairman of Premier Farnell Plc and a Non-Executive Director of Standard Chartered Bank plc, the BBC, J. Sainsbury plc, Compass Group plc, BAA plc and CWC Communications plc. She was also previously a member of the Council of Warwick University, Chairman of the Advisory Board of the Warwick Business School and a board member of both the Confederation of British Industry and Association of British Insurers. On 30 April 2014 she resigned her position as lead Non-Executive Director at the Home Office.
She was also President of the International Federation of Health Plans and a Trustee and Deputy Chairman at the British Museum.
Val was awarded a CBE in 2002 for services to business and has honorary doctorates from Warwick, Cranfield, Bournemouth and Middlesex Universities.Close dialog
Board director since 1 January 2011
Board committees: Remuneration Committee; and Nominations & Governance Committee
Renee James is a technology leader with large-scale and broad international operations experience. She is currently the chairman and CEO of Ampere Computing, a company she founded in 2017. Ampere produces high performance semiconductors for hyperscale cloud, storage and edge computing. Renee had a lengthy career with Intel Corporation where she was the president of the company until her departure in 2016. Throughout her 28-year tenure with Intel she held a variety of leadership positions in research and development for both hardware and software building a global R&D network, held several general management positions and led the global manufacturing organization. She is a current operating executive at the Carlyle Group and serves as a member of the Board of Directors for Citigroup, Oracle, and Sabre.
In 2016, she was appointed chairman of the National Security Advisory Committee (NSTAC) by President Obama. Renee was #21 on Fortune’s list of 100 Most Powerful Women in 2014 and was named #45 on Forbes Most Powerful Women list in 2015.Close dialog
Board director since April 2009
Board committees: Remuneration Committee
Samuel Jonah is Executive Chairman of Jonah Capital (Pty) Limited, an investment holding company in South Africa. He is the Chairman of both Hollard Insurance Company Ltd and Iron Mineral Beneficiation Services and is also a member of the Global Advisory Council of Bank of America, and member of the trustee board of The Investment Climate Facility.
Sam is an adviser to the president of Togo and previously served as advisor to the presidents of South Africa and Ghana.
His previous non-executive director positions include Range Resources Ltd and the Standard Bank of South Africa from 2006-2012. He also worked for Ashanti Goldfields Company Limited, becoming chief executive officer in 1986, and was formerly executive president of AngloGold Ashanti Ltd. and executive director of Lonmin Plc.
An honorary knighthood was conferred on him by Her Majesty the Queen in 2003 and in 2006 he was awarded Ghana’s highest national award, the Companion of the Order of the Star.Close dialog
Maria Amparo Moraleda Martinez
Board director since 1 June 2017
Board Committees: Audit & Risk Committee
Maria Amparo Moraleda Martinez was the Chief Operating Officer of the international division of Iberdrola from 2009 to 2011. She spent more than 20 years with IBM, becoming President of IBM Southern Europe (Spain, Portugal, Greece, Israel and Turkey) in 2005.
Amparo is a Non-Executive Director of Airbus Group, CaixaBank and Solvay. Her previous non-executive career includes board appointments at Alstom, Meliá Hotels International and Faurecia.
She is a member of the Royal Academy of Economic and Financial Services and was inducted into the Women in Technology International Hall of Fame in 2005. She received a degree in Industrial Engineering from Comillas Pontifical University in Madrid and is also an IESE PDG graduate.Close dialog
Board director since 1 January 2016
Board Committees: Audit & Risk Committee
David Nish is Chairman of the Audit and Risk Committee. He is a Non-Executive Director of HSBC Holdings Plc and an Honorary Professor at the University of Dundee.
David was Executive and Group Finance Director of Scottish Power Plc from 1999 to 2005 having joined the company as Deputy Finance Director in 1997. Additionally, he was the Chief Executive Officer of Standard Life Plc from January 2010 to September 2015 having joined the company as Group Finance Director in November 2006. David was also a former Partner at PricewaterhouseCoopers LLP, where he began his career as a trainee.
Previous non-executive positions held by David include boards of London Stock Exchange Group Plc, Zurich Insurance Group, UK Green Investment Bank plc, Northern Foods Plc, Thus Plc, HDFC Life (India), Royal Scottish National Orchestra and was Deputy Chairman of the Association of British Insurers. He was also formerly a member of the City UK Board Advisory Committee and the Financial Services Advisory Board of the Scottish Government.Close dialog
Board director since 9 November 2018
Sanjiv Ahuja is the Chairman of Tillman Global Holdings, which he founded in 2013. Sanjiv was Chief Operating Officer and President of Telcordia Technologies, before moving to Orange Telecommunications in 2003, where he held the roles of Chief Operating Officer, Chief Executive and eventually Chairman of Orange PLC. He also founded and chaired Eaton Towers, which builds active and passive telecom infrastructure throughout Africa.
Sanjiv has sat on the boards of Telenor ASA, Network Appliance, Cadbury Schweppes and Williams Sonoma, and holds a degree in Electrical Engineering from Delhi University and a master's degree in Computer Information Systems from Columbia University in New York.Close dialog
Prospective Non-Executive Director (to be appointed with effect from 1 September 2019)
David Thodey will be appointed to the board with effect from 1 September 2019 subject to approval by shareholders at the AGM on 23 July 2019.
David brings extensive telecommunications and technology experience and a strong operational track record having been the Chief Executive Officer of Telstra Corporation Ltd, a leading telecommunications and information services company in Australia, from 2009-2015. He began his career at IBM, where he spent more than 22 years and held several senior executive positions in marketing and sales, including Chief Executive Officer of IBM Australia and New Zealand.
David is currently the Chairman of Australia’s national scientific research agency, the Commonwealth Scientific & Industrial Research Organisation (CSIRO) and holds non-executive positions at Ramsay HealthCare Ltd and Tyro Ltd. Previously, he was a Non-Executive Director on the board of GSM Association.
David was recognised for his services to business and ethical business leadership with an Order of Australia in January 2017.Close dialog