Year in review 2012Chairman’s statement
Gerard Kleisterlee succeeded Sir John Bond as Chairman of Vodafone at the AGM in 2011. Previously he was CEO of Philips for ten years. Here he gives his view on his first impressions of Vodafone, the key governance issues facing the Board, his interactions with management, and the approach to management and shareholder remuneration.
- Our strategy is working well to deliver superior operational performance, a high level of free cash flow and significant returns to shareholders
- We have strength in depth in the management team and a Board comprised of business leaders with a wide range of business expertise
- Strong returns to shareholders with total dividends for the year of 13.52 pence (including the 4.0 pence special dividend) and the majority of the £6.8 billion share buyback programme now complete