Vodafone executive committee changes as Vodafone stock costs EUR 1.41

Published on 10/29/2026 at 12:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Vodafone names Joakim Reiter's December 31 departure after nine years. Vodafone stock costs EUR 1.41 on October 29, 2026 before November 10 results.

Leadership and operating markers

Joakim Reiter will leave Vodafone on December 31, 2026, after nine years with the company.
Q1 FY27 organic service revenue increased 5.4 percent, while adjusted EBITDAaL rose 4.5 percent.
Vodafone stock trades at EUR 1.41 at 12:41 p.m. CEST at Lang & Schwarz on October 29, 2026.

Vodafone, GB00BH4HKS39, Illustration mit AI erstellt.

Vodafone (ISIN GB00BH4HKS39) was trading at EUR 1.41 at Lang & Schwarz on October 29, 2026 at 12:41 p.m. CEST. The company said on October 28, 2026 that executive committee member Joakim Reiter will leave on December 31, 2026 after nine years, according to Investegate.

Leadership change arrives before results

Reiter is set to become secretary general of the European Round Table for Industry. Vodafone said it will announce his successor later, making the personnel change the clearest immediate corporate development before the next reporting date.

The departure follows a period of strategic target setting. On October 8, 2026, Vodafone raised its VodafoneThree annual cost-saving target to GBP 1.0 billion by fiscal year 2032 from GBP 0.7 billion by fiscal year 2030, according to Vodafone.

What do the operating figures show?

Vodafone's investor-relations page reports that organic service revenue increased 5.4 percent in the first quarter of fiscal 2027, while organic adjusted EBITDAaL rose 4.5 percent in the same period. The figures give the leadership change a business backdrop of continued operating growth.

Three events set the timeline

On October 8, 2026, Vodafone set the GBP 1.0 billion annual savings target for fiscal year 2032. On October 23, 2026, Societe Generale's voting position reached 9.007348 percent, up from 8.946399 percent, according to Investegate. On October 28, 2026, Vodafone announced Reiter's departure after nine years.

Next reporting date

Vodafone's next scheduled reporting event is its first-half fiscal 2027 results on November 10, 2026, as stated on the company's investor-relations page at Vodafone.

Stock stays at EUR 1.41

The personnel change adds a governance question ahead of the November results, while the latest operating figures point to positive service and earnings growth.

Vodafone was trading at EUR 1.41 at Lang & Schwarz on October 29, 2026 at 12:41 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Vodafone stock.