Vodafone has its first permanent female chief executive after interim boss Margherita Della Valle was confirmed in the role, tasked with steering the telecoms group through its turnaround.
She has been chief financial officer since July 2018 and also took the top job on a temporary basis in December, replacing Nick Read, a two-decade Vodafone veteran who ran the company for four years. Read was ousted after failing to reverse a 40%-plus fall in the telecoms company’s share price during his tenure.
