Vodafone Group Plc is nearing an agreement with Kuwait’s Mobile Telecommunications Co., known as Zain, to expand access to networks across the Middle East, according to two people familiar with the matter.
Vodafone Group Plc named Gerard Kleisterlee , the chief executive officer of Royal Philips Electronics NV, as chairman after some shareholders in July voted against the re-election of incumbent John Bond .
Dell Inc. , the world’s third-largest personal-computer maker, named Royal Philips Electronics NV Chief Executive Officer Gerard Kleisterlee to its board, gaining experience in the electronics industry and European business.
Frans van Houten starts as chief executive officer of Royal Philips Electronics NV today with the challenge of turning around the 3 billion-euro ($4.2 billion) television business, a task that eluded his predecessor.
Vodafone Group Plc will name Gerard Kleisterlee , chief executive officer of Royal Philips Electronics NV , as the mobile-phone company’s next chairman within the next four days, the Sunday Telegraph reported, citing unidentified people close to the company.
Royal Philips Electronics NV , the world’s biggest lighting company, said Chief Financial Officer Pierre-Jean Sivignon will step down in April, when new Chief Executive Officer Frans van Houten takes the helm.
Gerard Kleisterlee , chief executive officer of Royal Philips Electronics NV, is the frontrunner among candidates being considered for the post of chairman at Vodafone Group Plc, the Financial Times reported, citing people familiar with the situation. Vodafone has drawn up a shortlist of three people to succeed John Bond , the FT said.