Bond.az reports that Vodafone Group Plc announced the appointment of Olaf Koch as a non-executive director, effective after the company's 2026 Annual General Meeting, subject to shareholder approval.
Maria Amparo Moraleda Martinez will retire from the board, Remuneration Committee chair, and ESG Committee chair at the AGM after nine years of service. She will not seek re-election.
Christine Ramon will become Remuneration Committee chair, and Anne-Françoise Nesmes will become ESG Committee chair, both effective from the AGM's conclusion.
Koch served as CEO of Metro AG from 2012 to 2021, leading its transformation. Previously, he held senior roles at Daimler, including corporate e-business and finance, controlling, and strategy at Mercedes-Benz Cars.
He currently serves as a shareholder representative on the supervisory board of Mercedes-Benz Group AG, chairing the Audit and Legal Affairs Committees. Koch has been a partner at Zintinus since 2021.
Jean-François van Boxmeer, Vodafone's chair, said: "I am delighted to welcome Olaf Koch to Vodafone's Board. His extensive experience in complex transformations and deep knowledge of the German market will be valuable."
The announcement complies with UK Listing Rules. This article was AI-generated and reviewed by an editor.
