Vodafone appoints Microsoft’s Pilar López as new CFO | Total Telecom

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She replaces the outgoing Luka Mucic, who held the position for roughly two years

Today, Vodafone Group has announced that it has appointed Microsoft’s Pilar López as Chief Financial Officer.

For the last decade, López has held various roles at Microsoft, including chief operating officer for Western Europe and country lead for Spain. For the past two years, she has served as Vice President of Strategic Partnerships, overseeing Microsoft’s relationship with the London Stock Exchange Group.

She is also a veteran of the telecoms industry, having spent 16 years at Telefonica prior to her move to Microsoft.

Lopez will take up the role from 1 October 2025, with her formal appointment on December 1, 2025.

“I am delighted that Pilar will be joining Vodafone in October,” said Vodafone chief executive Margherita Della Valle. “She has deep-rooted knowledge of both the telecoms and technology sectors, across a range of international leadership positions.”

Lopez replaces Luka Mucic, who is moving to become CEO of real estate development firm Vonovia at the end of November. Mucic will be the shortest-serving CFO in the company’s history, having joined the company in September 2023.

In a LinkedIn post, López thanked her colleagues from the past decade and expressed her excitement at joining Vodafone.

“I am thrilled to be going back to the telecommunication industry and to finance at this pivotal time, and join Vodafone, a company and a brand I have always admired. I would like to thank Margherita Della Valle and the Board for the confidence, and look forward to joining the team in October.”

According to reports, Lopez’s base salary will be £725,000, with the possibility of bonuses of up to 200%.

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