Overview

• Luka Mucic, Vodafone's CFO since September 2023, has announced his resignation effective no later than spring 2026.
• Mucic is set to become CEO of Vonovia SE, Germany's largest landlord and a DAX 40-listed company.
• His departure comes earlier than internally expected and will make him Vodafone’s shortest-serving CFO.
• Vodafone’s £18 billion merger with Three is expected to close within weeks, with the combined entity planning significant 5G investments.
• Vodafone shares dropped approximately two per cent following the announcement of Mucic’s exit.