Vodafone gives corporate merry go-round a spin
Print storyNon-exec board member: nice work if you can get it
Posted in Mobile, 23rd May 2006 15:27 GMT
Vodafone is to fiddle with its top brass this summer. Paul Hazen, the firm's deputy chairman and top non-executive member of the board will retire to be replaced by a promoted John Buchanan.
Hazen has been on the operator's board since 1999.
Buchanan, meanwhile, retired as CFO from oil giant BP in 2002. He also serves as a non-exec for drug companies Smith and Nephew and biotech AstraZeneca.
Also departing is another non-exec director, Penny Hughes. Vodafone chairman Lord MacLaurin of Knebworth gushed: "Penny Hughes has been a fine, active non-executive director and did an exceptional job for Vodafone when chairing our Remuneration Committee."
MacLaurin was paid £517,000 last year and will get £125,000 as a consultant when he too steps down, to be succeeded by Sir John Bond.
The changes will all come into effect after the AGM on 25 July. ®
Control Social Networking Use in Your Business
The Perfect (Virtual) Marriage
Gartner Paper: US Data Centers - The Calm Before the Storm
Solution Brief: Reduce Energy Costs
Netbooks and Mini-Laptops
How the fate of the US economy rests on a Dell workstation
How many terabytes can you fit on a 2.5-inch hard drive?
China's nonstop music machine