By Najat Kantouar
Vodafone Group said that Emirates Telecommunications Group Company's Chief Executive Hatem Dowidar has now been appointed to the board as a nonexecutive director as part of its agreement announced in May.
The U.K.-based telecommunications company said Wednesday that Dowidar will join the board on Feb. 19.
On May 11, Vodafone and Emirates Telecommunications--known as E&--agreed to a strategic relationship that would see the latter become a cornerstone shareholder in the U.K. telecoms company.
As part of the agreement Dowidar was to join the Vodafone board as a nonexecutive director as long as E& maintains its shareholding of 14.6%, it said at the time. E& will also have the ability to nominate a second nonexecutive director if its shareholding exceeds 20%.
"He [Dowidar] brings extensive experience within the telecommunications industry and has held senior positions across a range of companies in the Middle East, Africa and Europe. His appointment will further strengthen our strategic partnership," Chair of Vodafone Jean-Francois van Boxmeer said.
Write to Najat Kantouar at najat.kantouar@wsj.com
(END) Dow Jones Newswires
02-14-24 0247ET