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Vantage Towers CEO Badrinath will not renew contract

Reuters

(Reuters) - Vantage Towers said on Monday that Chief Executive Officer Vivek Badrinath has informed the board that, due to personal reasons, he will not renew his contract beyond the current term that runs until the end of 2023.

The German telecommunications firm added that Badrinath has also agreed to an earlier handover of his duties if necessary and that a search for a new successor is to start immediately.

(Reporting by Andrey Sychev in Gdansk; Editing by Miranda Murray)