Mobile phone giant Vodafone has selected John Buchanan – one of the most
experienced finance chiefs in the UK – as its new deputy chairman to replace
Paul Hazen who has decided to retire from the board.
Buchanan, who has been a member of the Vodafone board since April 2003 and is
a member of its audit committee, retired as chief finance officer of BP in 2002
after six years in the role.
His other senior roles include being chairman of Smith & Nephew and
non-executive director of AstraZeneca PLC and BHP Billiton.
Vodafone also said that Penny Hughes, a non-executive director since
September 1998, has decided not to seek re-election at the AGM and will retire
from the board.
He was a member of the United Kingdom Accounting Standards Board from 1997 to
2001. He is the Deputy Chairman of Smith & Nephew plc and a non-executive
director of AstraZeneca PLC and BHP Billiton.
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