TIDMVOD
RNS Number : 8746G
Vodafone Group Plc
24 July 2023
24 July 2023
VODAFONE APPOINTS LUKA MUCIC AS GROUP CHIEF FINANCIAL
OFFICER
Vodafone Group Plc ("Vodafone") announces today the appointment
of Luka Mucic as Chief Financial Officer and as an Executive
Director of Vodafone, effective from 1 September 2023.
Margherita Della Valle, Vodafone Group Chief Executive said: "I
am thrilled that Luka will be joining the Vodafone team. He has a
strong track record of international leadership, corporate
repositioning and value-creation. Luka is joining us at a critical
time as we undertake the transformation of Vodafone."
Luka Mucic said: "I am very excited to be joining Vodafone at
this important stage of the Group's development. I look forward to
working with Margherita and the team in delivering Vodafone's
strategic priorities of Customers, Simplicity and Growth."
Jean-François van Boxmeer, Vodafone Group Chair said: "Following
a rigorous international and cross-sector search, I am delighted
Luka is joining the Board. He brings with him extensive experience
in finance, international business - particularly in Germany - and
technology."
Other than disclosed below, there is no further information to
disclose for Luka Mucic in accordance with Listing Rule 9.6.13.
- ends -
For more information, please contact:
Investor Relations Media Relations
Investors.vodafone.com Vodafone.com/media/contact
ir@vodafone.co.uk GroupMedia@vodafone.com
Registered Office: Vodafone House, The Connection, Newbury,
Berkshire RG14 2FN, England. Registered in England No. 1833679
Supplementary information
Luka Mucic biographical information
Luka Mucic was the Chief Operating Officer of SAP SE from
2014-2017 and its Chief Financial Officer from 2014 until 31 March
2023. During these roles, he was responsible for SAP's groupwide
Finance, Legal, Data Protection, Procurement, Audit, Risk
Management, Security, IT and process management functions.
He is currently a member of the Supervisory Board of Heidelberg
Materials AG, a building materials company listed on the Frankfurt
Stock Exchange. He was previously a non-executive director of the
Board of Qualtrics International, a company that was listed on the
NASDAQ stock exchange, between 28 January 2021 and 28 June
2023.
Luka began his career at SAP in 1996 and has held a series of
management positions within the Global Finance and Administration
division. He assumed responsibility for M&A projects, as well
as for the global risk management function of SAP and the legal
department of SAP Markets Europe.
After serving as CFO of SAP's DACH region (comprising Germany,
Austria and Switzerland) from 2008 to 2012, he became head of
Global Finance and a member of SAP's Global Managing Board in 2013.
Luka also oversaw SAP's sustainability efforts and was responsible
for SAP's Taulia and SAP Signavio business units.
Luka studied law at the Ruprecht-Karls University of Heidelberg
and obtained a joint Executive MBA from Mannheim Business School
and ESSEC Paris.
Remuneration
Luka Mucic's remuneration as Group Chief Financial Officer will
be as follows:
- Base salary - GBP760,000 per annum
- Bonus - Maximum of 200% of base
- LTIP - Maximum of 450% of base
- Pension - 10% of base as an allowance, in line with the wider UK workforce
- Car allowance - GBP19,200
All remuneration arrangements are consistent with the terms of
the Directors' Remuneration Policy approved by shareholders at the
AGM in July 2020 and those of the Directors' Remuneration Policy
which will be submitted for shareholder approval at the AGM in July
2023, including support for relocation in line with Vodafone's
relocation and international assignment policies, which will cover
(but is not limited to) immigration, relocation, housing, and tax
advice. Further detail will be set out in the 2024 Directors'
Remuneration Report.
About Vodafone
Vodafone is the largest pan-European and African telecoms
company. Our purpose is to connect for a better future by using
technology to improve lives, digitalise critical sectors and enable
inclusive and sustainable digital societies.
We provide mobile and fixed services to over 300 million
customers in 17 countries, partner with mobile networks in 46 more
and are also a world leader in the Internet of Things (IoT),
connecting over 167 million devices and platforms. With Vodacom
Financial Services and M-Pesa, the largest financial technology
platform in Africa, we serve more than 71 million people across
seven countries.
We are committed to reducing our environmental impact to reach
net zero emissions by 2040, while helping our customers reduce
their own carbon emissions by 350 million tonnes by 2030. We are
driving action to reduce device waste and achieve our target to
reuse, resell or recycle 100% of our network waste by 2025.
For more information, please visit www.vodafone.com , follow us
on Twitter at @VodafoneGroup or connect with us on LinkedIn at
www.linkedin.com/company/vodafone .
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