Tuesday, September 1, 2009

ARUN SARIN


ARUN SARIN- GO VODAFONE!
Born: October 21, 1954
Designation: Ex- Chief Executive Officer of Vodafone Group plc.
Net Worth: 25 million

Arun Sarin was the Chief Executive Officer of the Britain-based telecom company, Vodafone Group plc., born on October 21, 1954 in Panchmarhi, Madhya Pradesh. He is an American citizen, is of Indian origin and is based in the United Kingdom.
He did his schooling in Bangalore, graduated from the Indian Institute of Technology, Kharagpur in Metallurgical Engineering in 1975. He gained an MBA, in 1978, from the Haas School of Business at the University of California, Berkeley. He excelled in studies, sports as well as co-curricular activities.
He started his career in the same year as a ‘management consultant’. He worked in AirTouch as President and Chief Operating Officer from February 1997 to June 1999. In 1999, AirTouch and Vodafone merged and he became the Chief Executive. In July 2001, he started a telecommunication company called Accel-KKR Telecom. In April, 2003, Arun rejoined Vodafone and became the CEO of the company. On May 27, 2008, he announced his resignation after Vodafone achieved record earnings.
Under his leadership, Vodafone successfully bid US $ 11.1 billion for 67% stake in Indian company, Hutch. According to a report by The Guardian, in his final year, Sarin picked up 3,595,000 pounds in salary and bonus, taking his total earnings to more than 25 million. Sarin is replaced by Vittorio Colao, who joined Vodafone in 2000.

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