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Updated · Bloomberg · May 19Indra Board Starts CEO Search as José-Vicente de los Mozos's 2023-Era Contract Ends
1 articles · Updated · Bloomberg · May 19
- Indra said late Monday its board has begun selecting a new chief executive after deciding not to renew José-Vicente de los Mozos's expiring contract.
- De los Mozos, who has led the Spanish defense company since mid-2023, will remain in place during the transition while the search proceeds.
- The move marks another leadership overhaul at the Madrid-based group, coming after its controversial chairman stepped down last month.
- Indra is a Spanish government-backed defense champion, making the latest management reshuffle significant beyond the company itself.
After a state-led board shakeup, why is Indra ousting its CEO despite record profits? Can Indra's next leader deliver on global growth while satisfying its powerful government shareholder?