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Arun Sarin
Born October 21, 1954 (1954-10-21) (age 53)
Flag of India Pachmarhi, Madhya Pradesh, India
Occupation CEO, Vodafone Group plc
Spouse Rummi Anand
Children 2

Arun Sarin (Hindi:अरुण सरीन) (born October 21, 1954, in Pachmarhi, Madhya Pradesh, India) is the CEO of the world's biggest mobile phone company (by revenue), Britain's Vodafone Group plc. Events 1512 - Martin Luther joins the theological faculty of the University of Wittenberg. Year 1954 ( MCMLIV) was a Common year starting on Friday (link will display full 1954 Gregorian calendar) Pachmarhi is a Hill station in Madhya Pradesh state of central India. Madhya Pradesh (abbreviated as MP) ( Hindī: मध्य प्रदेश pronounced, Translation: Middle Province) often India, officially the Republic of India (भारत गणराज्य inc-Latn Bhārat Gaṇarājya; see also other Indian languages) is a country A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator Vodafone is a Mobile network operator headquartered in Berkshire, England, UK. Hindi ( Devanāgarī: hi [[wiktहिन्दी हिन्दी]] or hi [[wiktहिंदी हिंदी]] IAST:, IPA:) is Events 1512 - Martin Luther joins the theological faculty of the University of Wittenberg. Year 1954 ( MCMLIV) was a Common year starting on Friday (link will display full 1954 Gregorian calendar) Pachmarhi is a Hill station in Madhya Pradesh state of central India. Madhya Pradesh (abbreviated as MP) ( Hindī: मध्य प्रदेश pronounced, Translation: Middle Province) often India, officially the Republic of India (भारत गणराज्य inc-Latn Bhārat Gaṇarājya; see also other Indian languages) is a country A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator Vodafone is a Mobile network operator headquartered in Berkshire, England, UK. He is originally from India, has United States citizenship, and is presently based in the United Kingdom. India, officially the Republic of India (भारत गणराज्य inc-Latn Bhārat Gaṇarājya; see also other Indian languages) is a country The United States of America —commonly referred to as the The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom, the UK or Britain,is a Sovereign state located On 27 May 2008 he announced that he will resign on 29 July 2008. Events 927 - Simeon the Great, Tsar of Bulgaria, dies 1120 - Richard III of Capua is anointed 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common Events 1014 - Byzantine-Bulgarian Wars: Battle of Kleidion: Byzantine emperor Basil II inflicts a decisive defeat 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common

Sarin graduated from the Indian Institute of Technology Kharagpur with a B. The Indian Institute of Technology Kharagpur ( Devanāgarī:) (commonly known as IIT Kharagpur or IIT KGP) is an autonomous Engineering and Tech degree in Metallurgical Engineering in 1975. In 1978 he gained a MS in Engineering and an MBA from the Haas School of Business at the University of California, Berkeley. A Master of Science ( Latin: Magister Scientiæ; abbreviated MSc, M The Master of Business Administration ( MBA) is a Master's degree in Business administration, which attracts people from a wide range of academic disciplines The Walter A Haas School of Business, better known as the Haas School of Business or simply Haas, is one of 14 schools and colleges at the University of The University of California Berkeley (also referred to as Cal, Berkeley and UC Berkeley) is a major research university located in Berkeley Prior to this he did his schooling from Military School Bangalore, Bangalore. He excelled in studies, sports and co curricular activities. He was known for his sharp intelligence and good sporting skills especially in hockey and boxing in school. He started his career as a management consultant before moving, in 1984, to Pacific Telesis Group in San Francisco. The City and County of San Francisco is the fourth most populous city He was a director of AirTouch from July 1995 and was President and Chief Operating Officer from February 1997 to June 1999. AirTouch Communications was a US-based Wireless service provider that was created when PacTel Cellular was spun off from Pacific Telesis He was then Vodafone's Chief Executive Officer for the United States and Asia Pacific region until 15 April 2000, when Vodafone's U. Events 1450 - Battle of Formigny: Toward the end of the Hundred Years' War, the French attack and nearly annihilate English 2000 ( MM) was a Leap year that started on Saturday of the Common Era, in accordance with the Gregorian calendar. S. interests were merged into Verizon Wireless. Cellco Partnership, Doing business as Verizon Wireless, owns and operates the second largest Wireless Telecommunications network in the He subsequently became chief executive of InfoSpace from 2000 to 2001, and of Accel-KKR Telecom based in San Francisco from 2001 to 2003, while serving as a non-executive director of Vodafone. Infospace ( a dot com pioneer provides metasearch and Private-label Internet search services for consumers and businesses The City and County of San Francisco is the fourth most populous city A non-executive director (NED also NXD or outside director is a member of the Board of directors of a company who does not form part of the executive management He rejoined Vodafone as Chief Executive Designate on 1 April 2003 and was appointed on a permanent basis after the Company's annual general meeting on 30 July 2003. Events 527 - Byzantine Emperor Justin I names his nephew Justinian I as co-ruler and successor to the throne Year 2003 ( MMIII) was a Common year starting on Wednesday of the Gregorian calendar. An annual general meeting (commonly abbreviated as AGM, also known as the annual meeting) is a Meeting that official bodies and associations Events 1419 - First Defenestration of Prague. 1502 - Christopher Columbus lands at Guanaja in the Bay Islands off Year 2003 ( MMIII) was a Common year starting on Wednesday of the Gregorian calendar. On 27 May 2008, he announced his resignation (effective July) as CEO after Vodafone achieved record earnings. Events 927 - Simeon the Great, Tsar of Bulgaria, dies 1120 - Richard III of Capua is anointed 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator

He writes a monthly note to all Vodafone staff, known as "Arun's Corner". This always ends with Arun's favoured epithet "Go Vodafone!"

Sarin was appointed at a time when the investment community wanted Vodafone to concentrate on managing its businesses efficiently and returning cash to shareholders, after its dramatic takeover driven expansion between 1999 and 2002. In 2004 he entered an auction for AT&T Wireless in the face of considerable hostility from analysts and shareholders, but withdrew when Cingular made an offer he did not think was in Vodafone's interests to match. AT&T Mobility LLC (usually branded AT&T, and formerly named Cingular Wireless LLC) is the wholly owned wireless subsidiary of AT&T Inc AT&T Mobility LLC (usually branded AT&T, and formerly named Cingular Wireless LLC) is the wholly owned wireless subsidiary of AT&T Inc

He has since focused on emerging markets such as India, Turkey,and Romania instead of developed markets such as Japan and others. Under his leadership, Vodafone successfully bid U$11. 1 billion for 67% stake in the Indian mobile operator, Hutch. Vodafone Essar, previously Hutchison Essar is a cellular operator in India that covers 16 telecom circles in India. Now rebranded as Vodafone, Sarin wants to bring it from the #3 operator in India to #1 or #2. He is also focussing the company on total communications services including broadband, internet and wireless data.

Sarin has also served as a director of The Gap, Inc., The Charles Schwab Corporation and Cisco Systems, Inc. in the United States, and has recently been appointed as a non-executive director of the Court of the Bank of England. The Gap Incorporated ( is an American clothing and accessories retailer based in San Francisco California, and founded in 1969 by Donald Fisher The Charles Schwab Corporation, based in San Francisco, California is a company founded as a traditional (brick-and-mortar Brokerage house, and which

Sarin will be retiring from Vodafone immediately after the company's AGM on July 29, 2008, when he will be succeeded by current Deputy-CEO Vittorio Colao. An annual general meeting (commonly abbreviated as AGM, also known as the annual meeting) is a Meeting that official bodies and associations Events 1014 - Byzantine-Bulgarian Wars: Battle of Kleidion: Byzantine emperor Basil II inflicts a decisive defeat 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common Vittorio Colao (born 1961 in Brescia) is an Italian Businessman, the current Chief Executive Designate of Vodafone Group. [1][2]

During his tenure, Sarin, 53, accumulated 28. 5 million shares and share options which he has yet to collect. He also has 14. 5 million shares and share options which he has not yet cashed, according to the company's annual report and accounts.

After he steps down at the annual meeting, he will remain as a consultant on a "nominal" salary until his retirement next March. Assuming the company continues to perform over that period, when he leaves, his shares and options will be worth just over 22 million.

During his final year as chief executive, Sarin picked up 3,595,000 pounds in salary and bonus, taking his total earnings to more than 25 million, The Guardian reported on Wednesday.

The report said that in the past, Sarin had been allowed to re-invest his annual bonus, which was 2. 13 million for the year to the end of March 2008, but because he is leaving the company he will collect it in cash.

Sarin will be replaced by Vittorio Colao, who joined Vodafone in 2000. Vittorio Colao (born 1961 in Brescia) is an Italian Businessman, the current Chief Executive Designate of Vodafone Group.

Colao will be paid a 975,000 pounds salary, compared with the 1. 3 million pounds Sarin received for the year to the end of March 2008, according to the group's annual report and accounts published. [3]

References

  1. ^ Vodafone Announces New Chief Executive. Vodafone (2008-05-27). 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common Events 927 - Simeon the Great, Tsar of Bulgaria, dies 1120 - Richard III of Capua is anointed Retrieved on 2008-05-27. 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common Events 927 - Simeon the Great, Tsar of Bulgaria, dies 1120 - Richard III of Capua is anointed
  2. ^ ttp://www. corriere. it/economia/08_maggio_27/colao_vodafone_b3d7e824-2bb7-11dd-9d26-00144f02aabc. shtml
  3. ^ http://infotech.indiatimes.com/articleshow/3120112.cms

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