Telecommunications giant Vodafone has appointed Microsoft executive Pilar López as its CFO designate.
López, who will join on October 1st, will succeed Luka Mucic who announced his intention to leave the London-based giant last month.
For the last decade, López has served in a range of leadership roles at Microsoft, most recently leading the company’s partnership with the London Stock Exchange Group.
Prior to this, she undertook positions including COO for Western Europe and country general manager for Spain.
The Comillas Pontifical University graduate started her career at JP Morgan, where she spent over five years as vice president before moving to Telefónica.
She then worked there for 16 years in several roles, including CFO of Telefónica Europe, CFO of O2 Plc, global simplification director and strategy & business development leader in Spain, whilst also serving on the supervisory board of Telefónica Germany.
Following López’s appointment, she will begin a period of handover from Luka.
Her formal appointment as CFO and executive director to the board of Vodafone will commence on 1st December 2025, following Mucic’s departure from Vodafone on 30th November..
“I am delighted that Pilar will be joining Vodafone in October,” said Margherita Della Valle, Vodafone Group CEO. “She has deep-rooted knowledge of both the telecoms and technology sectors, across a range of international leadership positions.”
“Following a significant period of change at Vodafone, Pilar is joining us as we continue to drive operational excellence across the group.”
López added: “I’m thrilled to be joining Vodafone at such an important time in the group’s transformation.
“I am excited to work with Margherita and the team as Vodafone continues to improve the service to its customers, further simplify operations across the group, and deliver sustainable growth in free cash flow.”
Vodafone has seen its share price increase over the past 12 months, rising from 71.64p to 76.08p, whilst the FTSE 100 constituent’s market cap currently stands at a mammoth £18.83bn.
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