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IN BRIEF: Vodafone Italy chief to depart prior to sale to Swisscom

ALN

Vodafone Group PLC - Newbury, Berkshire-based telecommunications provider - Aldo Bisio will step down as chief executive officer of Vodafone Italy on November 15 ‘to pursue an external opportunity’. However, Bisio will remain a non-executive member of Vodafone Italy to oversee the regulatory approval of the sale of the business to Swisscom AG. Vodafone announced the €8 billion sale of Vodafone Italy to Swisscom back in March. Sabrina Casalta, the chief financial officer of Vodafone Italy, will become interim CEO of the business from November 15 until the sale is completed.

Current stock price: 71.00 pence

12-month change: down 0.6%

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