Vodafone has made some changes to its management team in Japan for one, appointing Vodafone UK CEO, Bill Morrow, as President of Vodafone K.K.
Shiro Tsuda will become Executive Chairman and Chairman of the Board of Vodafone K.K. and with Bill Morrow, will lead the next phase of the development of the company. Tim Miles, at present Managing Director of Vodafone New Zealand, will become Chief Executive of the UK business. These appointments will take effect from 1 April 2005.
Arun Sarin, Vodafone Group CEO said, “The combination of Shiro Tsuda and Bill Morrow is the ideal partnership to lead our business in Japan. Since his appointment last year, Shiro Tsuda has reviewed the business, made his recommendations, and we have agreed these changes to begin the next phase of the turnaround. Bill Morrow already has an outstanding track record of success in Japan, most recently through his leadership of Japan Telecom and as President of Japan Telecom Holdings. I am very confident that this new team, both of whom are experienced and respected managers in this market, is a winning combination for Vodafone Japan.”
Shiro Tsuda commented, “Bill Morrow brings an abundance of Japanese and global business experience to Vodafone K.K. I am extremely pleased to be working with such an experienced general manager and look forward to his return.”
Arun Sarin added, “I am also pleased that Tim Miles will be joining our UK business as Chief Executive. In New Zealand, he has led one of the most successful operations within the Group and is a talented and respected manager. He is very well placed to execute the strategy which Bill Morrow and his team have put in place in the UK.”
Reuters talked to a telecoms analyst with Deutsche Bank, who questions Vodafone’s new management changes.
“Vodafone is going to need to put a lot of money into Japan if it wants to rebuild the business,” said Tetsuro Tsusaka.
“I do not know if it will be worth it for them to spend that kind of money just for Japan.”
murdok | Breaking eBusiness News
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