Vodafone boss survives • The Register

Skip to content

Vodafone boss survives

Shareholders' revolt fails

By John Oates • Get more from this author

Posted in Mobile, 26th July 2006 09:04 GMT

Vodafone boss Arun Sarin survived a hostile meeting with shareholders yesterday and was reappointed chief executive.

Some 10 per cent of shareholders voted against his reinstatement and over 20 per cent did not support the company's executive pay scheme, The Telegraph reports.

The board faced almost an hour of questions from angry shareholders who bemoaned Vodafone's poor performance and the generous way it rewards management.

One described the board as "dysfunctional" and said "there is a perception that the chief executive is underperforming"

Newly-appointed chairman John Bond said he supported Sarin but that his performance would be under constant review. More from The Guardian here. ®

Free report. "Comparing Data Center Batteries, Flywheels, and Ultracapacitors: What is the best energy storage for you?"

Whitepapers

Extended Validation

Here we look at Extended Validation certificates, which build on SSL to protect web users against phishing attacks and other kinds of online fraud.

Gartner Report: US Data Centers - The Calm Before the Storm

U.S. enterprise data centers face considerable space and energy constraints over the next few years. Download this free independent report to read more.

The Perfect (Virtual) Marriage

Get consistent virtual machine storage savings of 50% (often as high as 90%) with virtually no performance impact with NetApp deduplication.

Solution Brief: Reduce Energy Costs

Energy consumption has become a big issue. Dramatically increase server utilization and significantly reduce energy costs through Virtualization.

Server Consolidation and Containment

This report discusses how consolidation and containment solutions with a virtual infrastructure meet the challenges of server sprawl and underutilization.

Search more Resources

Most read

Sponsored links

Don’t Miss

Netbooks and Mini-Laptops

Buyer's Guide They're little and we love 'em. But which ones are best?

SSL covers security embarrassments with EV figleaf

Whitepaper Helping you know scammers from Adam

Emails show journalist rigged Wikipedia's naked shorts

Overstock's Byrne vindicated amidst economic meltdown

Yours truly, angry mob

Book extract Bringing Nothing To The Party: Cleaning up the net, one satirical vigilante page at a time