Bloomberg News

Vodafone's Darby to Leave Second Time as C&W Is Aquired

July 30, 2012

Vodafone Group Plc (VOD) said the current chief executive officer of Cable & Wireless Worldwide Plc will leave following completion of the unit’s 1.04 billion-pound ($1.6 billion) takeover.

Gavin Darby, a Vodafone executive before he joined Cable & Wireless in 2011, will leave the company at the end of October, Newbury, England-based Vodafone said today in a statement. Nick Jeffery, who runs Vodafone’s enterprise unit, will take the Cable & Wireless post immediately.

Vodafone’s purchase of Cable & Wireless took effect today, giving the world’s second-biggest mobile-phone company a U.K. fiber-optic network to boost its own fixed-line system and relieve the strain of surging data traffic on its wireless network. After initially keeping London-based Cable & Wireless separate, Jeffery will oversee the move to combine the networks.

Darby’s career at Vodafone included positions as U.K. CEO and head of some of its overseas units, including the U.S. He will remain with Vodafone to “ensure a smooth transition” until his departure, the company said today.

To contact the reporter on this story: Jonathan Browning in London at jbrowning9@bloomberg.net

To contact the editor responsible for this story: Kenneth Wong at kwong11@bloomberg.net


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