Vodafone hires interim boss to top job

Margherita Della Valle has been interim chief executive since her predecessor Nick Read left at the end of last year.

Mobile phone giant Vodafone has appointed interim boss Margherita Della Valle as permanent chief executive (Yui Mok/PA) (PA Wire)

Mobile phone giant Vodafone has appointed interim boss Margherita Della Valle as permanent chief executive, ending nearly five months of uncertainty over the top role.

The group said Ms Della Valle – the firm’s former chief financial officer – had been hired after a “rigorous internal and external search”.

She has held the role on an interim basis after Vodafone ousted her predecessor Nick Read in December after four years as chief executive amid concerns over the company’s performance.