Cable & Wireless Worldwide CEO Gavin Darby will leave the...
Cable & Wireless Worldwide CEO Gavin Darby will leave the company in late October, when Vodafone Group is set to complete its $1.6 billion purchase of CWW, Vodafone said Monday. Nick Jeffery, Vodafone Global Enterprise’s current chief executive, took over…
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as head of CWW effective immediately, Vodafone said in a written statement. The European Commission approved the purchase earlier this month, concluding that the mostly wireless Vodafone’s acquisition of the mostly wireline CWW would not have enough market power to shut out other operators (CD July 5 p14). Darby will stay on until late October to “ensure a smooth transition,” Vodafone said. Three other top CWW officials will leave at the same time (http://xrl.us/bniqmf).