- Vodafone Group Plc (NASDAQ:VOD) shares are trading higher on Thursday since it named a new CEO.
- Vodafone disclosed Margherita Della Valle as the company’s CEO following a rigorous internal and external search.
- Valle will also continue as the CFO until an external search for a new finance chief is complete.
- Vodafone’s shares consistently lost value for years, and it struggled to streamline the business and sell assets.
- The stock slid to two-decade lows after ousting previous CEO Nick Read in December.
- This week Vodafone’s biggest shareholder, Emirates Telecommunications Group Co, discussed revamping its board with the British telecom group.
- Price Action: VOD shares traded higher by 2.27% at $11.94 on the last check Thursday.
Virgin Galactic Announces New Spaceship Manufacturing Facility in Mesa, Arizona
Capacity to Produce Up to Six Spaceships Per Year, Significantly Increasing Flight Frequency
Will Bring Hundreds of New Highly Skilled Jobs to Greater Phoenix Area
Virgin Galactic Holdings, Inc. (NYSE:SPCE) (the