Vodafone Group PLC (LSE:VOD) has announced that chief financial officer Luka Mucic will step down by early 2026 to become chief executive of German real estate company Vonovia, prompting a search for his successor at a time of ongoing transformation at the telecoms group.
Mucic, who joined Vodafone in 2023, is leaving to return to his native Germany and take the top job at one of the country’s largest listed property groups. Vodafone said a search for his replacement is already underway.
Vodafone chief executive Margherita Della Valle thanked Mucic for his role in reshaping the company’s capital allocation and operational focus, calling him “a key part in resetting our capital allocation priorities”.
Mucic said it had been “rewarding to help shape the transformation” of Vodafone’s business over the past two years. “Whilst I look forward to the next step in my career back in my native Germany, I have the utmost confidence in Vodafone’s future success,” he added.