Name: Arun Sarin
Date Of Birth: october 21,1954
Academics: Indian Institute of Technology, 1975
MS in Engineering ,1978
MBA from University Of California, Berkley , 1978
Job Profile: was the CEO of Vodafone group plc.
Fame: Europe's Highest Paid CEO
Arun sarin was born on october 21, 1954 in Panchmari , Madhya pradesh , India. He was the CEO of World's largestmobile phone company ( by Revenue ) Britan's Vodafone group plc. He announced his resignation as CEO of vodafone on june29,2008.He started his career as a management consultant before moving, in 1984, to Pacific Telesis Group in San Francisco. Commencing in corporate development, he was instrumental in the company acquiring the first cellular licences in the US as well as winning the first cellular licence in Germany and a PCN licence in the UK. He was appointed CFO and Chief Strategy Officer at Pacific Bell, before moving on to become Vice President and General Manager, San Francisco Bay Area Telephone Company.Following the demerger from Pacific Telesis of the mobile and paging businesses to form AirTouch Communications, He was appointed Senior Vice President Corporate Strategy and Development where he was instrumentak in merger with the US West wireless business. On becoming President and CEO, AirTouch International, He was responsible for the acquisition of wireless licences in several overseas territories and establishing the management teams of these new ventures. He then became President and CEO of AirTouch Communications where he was responsible for managing the cellular and paging operations in 14 countries and was a key negotiator in the successful acquisition of AirTouch by Vodafone Group Plc. Within the combined business, Vodafone AirTouch Plc, he was CEO US/Asia Pacific region, managing the Group’s operations in the US, Asia and Australasia. In addition, he headed the Global Technology division, responsible for the introduction of wireless internet services. In 2000, with the successful merger of Vodafone AirTouch’s US businesses with those of Bell Atlantic and GTE to form Verizon Wireless, Arun, whilst maintaining a non-executive directorship of Vodafone AirTouch Plc, became CEO of Infospace.
In 2001 he joined Accel-KKR telecom here he oversaw the acquisition of canada's yellow pages business. In 2003 he became the CEO designate of vodafoen group and then became the chief executive officer on july 30th, 2003. He was a Non executive director of GAP inc, Charles schwab coropration and Cisco Systems inc. During his tenure with vodafone he was focused on emerging markets as India, Turkey and Romania. vodafone made a successful bid of US $11.1 billion for 67% stake in indian cellular operator , HUTCH, now it has ben rebranded as Vodafone.Vodafone says it expects sales of £39.8 billion ($78.6 billion) to £40.7 billion ($80.4 billion), in 2009, with adjusted operating profit of £11 billion ($21.7 billion) to £11.5 billion ($22.7 billion). The company had also reported strong results in the third quarter. ( source
Forbes ). He was pioneer in providing value added services for the mobile phone users. on may27,2008 Vodafone announced that its CEO Arun Sarin will resign after a tenure of five years with company, He will be succeded by his deputy and former head of European business Vittorio colao.
Sarin left Vodafone in better shape than when he joined it. His surprise resignation overshadowed the company's return to full-year profitability also announced on May 27, with Vodafone posting net profits of $13.2 billion for the year ending Mar. 31, compared with a loss of more than $10 billion the previous year due to writedowns. Sales rose 14%, to $70 billion. And during Sarin's tenure, Vodafone's global customer base has more than doubled, from 120 million to 260 million today. (Source
Businessweek ). Vodafone is rite now #12 among the Uk largest companies with sales of $51.0 billion and profit of $38.0 billion. Arun Sarin has been instrumental in the rise of vodafone group.
