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Philips CEO Kleisterlee to succeed Sir John Bond at mobile giant
February 2, 2011
NEWBURY, U.K. -- Vodafone Group Plc (“Vodafone”) today announces that Sir John Bond, the Chairman of the Company, will be retiring from the Board at the Company's AGM in July 2011. He will be succeeded as Chairman by Gerard Kleisterlee, currently President/Chief Executive Officer and Chairman of the Board of Management and the Group Management Committee of Koninklijke Philips Electronics N.V. (‘Philips’). Mr Kleisterlee will be retiring from Philips on 31 March 2011 and will be appointed as a non-executive director of Vodafone on 1 April 2011.
Vittorio Colao, Chief Executive of Vodafone, said: "On behalf of the Board and everyone at Vodafone I would like to pay tribute to Sir John for his huge contribution to the Company throughout his tenure as Chairman. We have been fortunate to have benefited from his leadership, experience and wise counsel in a time of evolution for Vodafone. I personally am very grateful to him for his constant support and personal advice since becoming CEO, during a phase of extraordinary economic and industry changes.”
In addition to his role at Philips, Mr. Kleisterlee has been a member of the Daimler AG Supervisory Board since April 2009, a non-executive director of the Supervisory Board and member of the Audit Committee of Royal Dutch Shell since November 2010, and a member of the Board of Directors of Dell since December 2010.
Vodafone Group plc (NYSE: VOD)
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