Euro.Operations MgmtStructure
Vodafone AirTouch PLC
6 June 2000
VODAFONE ANNOUNCES NEW MANAGEMENT STRUCTURE FOR EUROPEAN OPERATIONS
Vodafone AirTouch announces changes to the structure of its European
management teams. Julian Horn-Smith has been appointed Chairman of
the Mannesmann AG Executive Board and Tom Geitner has been appointed
Deputy Chairman. Both appointments are with immediate effect and
follow the resignation of Klaus Esser as Chairman of the Executive
Board of Mannesmann AG and his appointment as a Deputy Chairman of
Vodafone AirTouch Plc.
Julian Horn-Smith, Chief Executive of the European Region, and Tom
Geitner, also a Main Board director of Vodafone AirTouch Plc, will
have responsibility for all existing Vodafone and Mannesmann
Telecommunications businesses in Continental Europe and these will be
managed through a new European Board for the Region. The European
Region will comprise the Vodafone AirTouch telecommunications
interests in Germany, Italy, France, Netherlands, Spain, Greece,
Sweden, Belgium, Portugal, Hungary, Malta, Romania, Austria and
Poland. The European Region will also include the Telecommerce
business of Mannesmann and Vizzavi, the internet Joint Venture with
Vivendi.
The European Board will be chaired by Julian Horn-Smith who will have
ultimate responsibility for financial performance and strategy. He
will be supported by a central co-ordination team comprising Finance,
Human Resources and Public Policy. Tom Geitner will be Deputy
Chairman of the European Board with responsibility for European
operations and the development of pan European products and services.
A particular objective for Mr Geitner will be the increased
integration of the Vodafone AirTouch European businesses to achieve
competitive and cost advantages from the Group's scale and scope. Mr
Geitner will have responsibility for existing staff in Vodafone and
Mannesmann engaged in this work. Mannesmann Eurokom, the
Telecommunications Strategy Group of Mannesmann AG, Mannesmann
Telecommerce, and Ipulsys will report to Mr Geitner as Deputy
Chairman of the Mannesmann Executive Board. The European Region will
have a central staff based at each of the dual Headquarters in
Dusseldorf and Newbury. Board meetings will be at both locations.
The Chief Executives of D2, ARCOR, OMNITEL and Infostrada will be
members of the European Board as will Chief Executives of the other
major subsidiary companies within the European Region.
Peter Bamford, Chief Executive of Vodafone UK, will now have
responsibility for an expanded UK, Middle East and Africa Region.
This will include Vodafone's interests in the UK, Egypt, South
Africa, Uganda and Kenya. For a period Directors from Vodafone
AirTouch International Ltd will remain members of the Boards of these
companies to provide a smooth transition of governance
responsibilities.
For further information contact:
Terry Barwick, Director of Corporate Affairs,
Mike Caldwell, Corporate Communications Director,
Tim Brown, Investor Relations Director, or
Melissa Stimpson, Senior Investor Relations Manager
Vodafone AirTouch Plc
Telephone: +44 (0) 1635 33251
Lulu Bridges
Tavistock Communications
Telephone: +44 (0) 20 7600 2288