Vodafone boss hands over reins to "safe pair of hands" as Moody's warns

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Vodafone boss hands over reins to "safe pair of hands" as Moody's warns

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Analysts have reacted with surprise but not frustration after Vodafone’s chief executive officer Vittorio Colao announced he was stepping down on Tuesday. New boss Nick Read looks likely to have a tricky task ahead of him to retain the company’s credit rating amid its €18.4bn debt-financed acquisition.

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