UPDATE: Nick Read served as Group Chief Executive of Vodafone from October 2018 to December 2022. He stepped down in December 2022, and Margherita Della Valle was appointed interim CEO effective 1 January 2023, then confirmed as permanent Group Chief Executive on 27 April 2023. Read currently serves as Chairman of EXA Infrastructure and a Non-Executive Director at Booking Holdings.
Vodafone Group plc, one of the world’s largest telecommunications companies, is headquartered in London, United Kingdom and operates mobile and fixed-line networks across Europe and Africa. Nick Read (Nicholas Jonathan Read) served as Group Chief Executive Officer of Vodafone from October 2018 to December 2022. During his four-year tenure, Read navigated the company through COVID-19, advanced 5G rollout across Europe, and oversaw major strategic moves including the merger of Vodafone India with Idea Cellular and the sale of Vodafone Hungary. A career Vodafone executive with over 20 years at the company, Read held key leadership roles including Group CFO, Regional CEO for Asia Pacific, Middle East & Africa, and CEO of Vodafone UK before becoming Group CEO.
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Vodafone Group Competitors
Vodafone Group plc operates in the highly competitive global telecommunications industry. The key competitors of Vodafone include:
- Deutsche Telekom (T-Mobile) – Europe’s largest telecom operator by market cap
- Telefónica (Movistar, O2) – major European and Latin American telecom group
- Orange S.A. – leading French and European telecom operator
- BT Group – dominant UK fixed-line and broadband operator
- China Mobile – world’s largest mobile operator by subscribers
- Verizon Communications – major US telecom and wireless provider
- Singtel – Asia-Pacific telecommunications leader
Nick Read – Quick Facts
Nick Read Net Worth 2026 – Vodafone CEO Salary
As of 2026, Nick Read’s net worth is estimated at approximately £10–15 million, based on his accumulated executive compensation during over 20 years at Vodafone, disclosed stock holdings, and his current board and advisory positions at EXA Infrastructure, Booking Holdings, and Global Infrastructure Partners.
Vodafone CEO Compensation History (Nick Read)
Vodafone Net Worth 2026 – Company Financials
Vodafone Group plc is a major global telecommunications company with a market capitalization of approximately $32–35 billion (as of early 2026). Under current CEO Margherita Della Valle, the company has pursued strategic portfolio restructuring, including the completed merger of Vodafone UK and Three UK.
Vodafone Group Financial Summary
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Vodafone CEO Email Address – Nick Read Contact
Below are the contact details and social media profiles associated with Nick Read during his time as Vodafone Group CEO. Note that his Vodafone email may no longer be active following his departure in December 2022.
Career & Education – Company, University, & College
Nick Read’s career spans over three decades in global telecommunications and finance. He spent more than 20 years at Vodafone in progressively senior leadership roles before becoming Group CEO, and also held senior finance positions at Federal Express and United Business Media earlier in his career.
Nick Read Career Timeline
Read joined Vodafone in 2001 as CFO of the UK business. He quickly rose through the ranks, becoming Chief Commercial Officer in 2003, then CEO of Vodafone UK from 2006 to 2008. He then took on the role of Regional CEO for Africa, Middle East & Asia Pacific, overseeing operations in some of Vodafone’s fastest-growing markets including India, Egypt, Qatar, and Kenya (Safaricom).
In 2014, Read was appointed Group Chief Financial Officer and joined the Vodafone main board. Four years later, in October 2018, he succeeded Vittorio Colao as Group CEO. He stepped down in December 2022 and remained as an advisor to the board until March 2023.
Education
Nick Read Wiki – Age, Family, & More
Former Vodafone CEO Nick Read (age 61, born 29 September 1964) is a British businessman. He is married to Lisa Read. Beyond his professional career, Read keeps his personal and family life largely private.
Notable Achievements & Board Positions
- 22+ years at Vodafone – One of the longest-serving executives at the company, progressing from UK CFO to Group CEO
- Booking Holdings NED – Non-Executive Director since June 2018; member of the Audit Committee and Cybersecurity Subcommittee
- EXA Infrastructure Chairman – Appointed chairman of the digital infrastructure company in June 2023
- Global Infrastructure Partners (GIP) – Senior Advisor since 2023 (GIP is now part of BlackRock)
- Manchester Metropolitan University – Received Honorary Doctorate of Business Administration (2022); joined Supervisory Board (April 2023)
- AACSB Influential Leader (2023) – Recognized by the Association to Advance Collegiate Schools of Business
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About Vodafone Group
Vodafone Group plc is a British multinational telecommunications company headquartered in Newbury, Berkshire (with a major London office in Paddington). Founded in 1984 as a subsidiary of Racal Electronics, Vodafone was demerged and listed on the London Stock Exchange in 1991. Today, it is one of the world’s largest telecom operators, serving approximately 300 million mobile customers across Europe and Africa.
The company’s operations span mobile, fixed-line, broadband, and digital services. Key markets include Germany (its largest), the UK (now merging with Three UK via CK Hutchison), Italy, Spain, Turkey, and several African nations through Vodacom. Vodafone trades on both the London Stock Exchange and NASDAQ under the ticker symbol VOD.
Frequently Asked Questions (FAQ)
Who is the current CEO of Vodafone?
The current CEO of Vodafone Group is Margherita Della Valle, who was appointed permanent Group Chief Executive on 27 April 2023. She previously served as interim CEO from January 2023 following Nick Read’s departure in December 2022. She is the first woman to lead Vodafone.
What is Nick Read’s net worth in 2026?
As of 2026, Nick Read’s net worth is estimated at approximately £10–15 million, based on accumulated compensation during his 22-year career at Vodafone and his current roles as Chairman of EXA Infrastructure, Non-Executive Director at Booking Holdings, and Senior Advisor at Global Infrastructure Partners.
What was Vodafone CEO Nick Read’s salary?
Nick Read’s total compensation for his final full year (FY2022) was £4.171 million, including a base salary of £1,081,500 and variable pay of £2,973,000. For his final nine months before stepping down, he received £3.875 million.
What is Vodafone CEO’s email address?
During his tenure, Nick Read’s email address was [email protected]. This email may no longer be active following his departure. The current Vodafone CEO Margherita Della Valle can be reached through Vodafone’s corporate channels. For investor inquiries, contact [email protected].
Why did Nick Read leave Vodafone?
Nick Read stepped down as Vodafone Group CEO in December 2022 amid investor pressure over the company’s underperforming share price and strategic challenges. His departure was announced by mutual agreement with the board. He remained as an advisor to Vodafone’s board until 31 March 2023.
Is Vodafone a profitable company?
Vodafone generates strong operating revenue of over €37 billion annually and adjusted EBITDA of nearly €11 billion (FY2025). However, in FY2025 the company reported a net loss of €4.2 billion, primarily due to a €4.5 billion goodwill impairment charge. On an underlying adjusted basis, Vodafone remains operationally profitable.
Article last updated:March 2026March 2026
Disclaimer: All information presented in this article has been compiled from publicly available sources, including Vodafone annual reports, corporate press releases, and reputable news outlets. This content is provided for informational purposes only and does not constitute financial or investment advice. Net worth figures are estimates and may vary by source.