Vodafone 'facing revolt to oust chief exec'

Vodafone is facing a revolt from a group of institutional shareholders who want to see the mobile phone giant’s chief executive ousted from the board, it was reported today.

The investors, who are said to be unhappy with the group’s recent performance, plan to vote against the election of chief executive Arun Sarin and up to four other directors at Vodafone’s annual general meeting next month.