Vodafone Zambia’s CEO Lars Stork has retired as CEO of the company. Their board chairperson Gilbert Temba has shared in a statement.
The Board of Mobile Broadband Limited T/A Vodafone Zambia would like to announce the retirement of Mr. Lars Hendrik Stork, the Chief Executive Officer.
Mr Temba said the Board and management would like to thank Mr. Stork for his service to the company and wish him the best in his future endeavors.
According to the statement the Board will be announcing a new CEO soon and other structural changes including new ownership of Vodafone Zambia.
Did he retire on his own or was he forced to retire?
A source tells us different, that the Vodafone Zambia CEO was forced to tender his resignation after the mounting debt, non-payment of staff salaries for about 3 months, and the failure of potential buyouts of the company from Telkom and Unitel (Unitel are the guys bringing the 4th mobile operator, Uzi Zambia).
A possible candidate for the role is Amon Jere, who was appointed as Vodafone Zambia’s Chief Sales and Distribution Officer a few months ago.
We’ll share more as the story unfolds.