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Sarin looking even more insecure

Loses key man Morrow
Monday, 24 July 2006, 08:46
NO SOONER had the INQ painted Vodafone's chief troubleshooter, Bill Morrow, as the man to save current CEO, Arun Sarin's neck, than the company announces his departure.

It's the same old excuse. Morrow says he's going back to the USA to spend more time with his family and will leave Vodafone at the end of July.

Arun Sarin - in a classic understatement - said, "Whilst the timing is regrettable, I respect the decision he has made to return to the US to be with his family."

Bill Morrow will be succeeded, on an interim basis, by Fritz Joussen currently CEO with Vodafone's business in Germany.

That puts Joussen in charge of delivering revenue generation and cost reduction strategy for the European region.

The phrase rats fleeing a sinking ship comes to mind. ยต

See Also
Vodafone's Sarin under serious attack
London Stock Exchange

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