White smoke on the board of directors of Indra. The new CEO of the company with immediate effect is, as of this Thursday, José Vicente de los Mozos, a former senior manager of Renault and currently the head of the Madrid fairgrounds, Ifema. The veteran executive joins the company chaired by Marc Murtra as the new number two to replace Ignacio Mataix and put an end to the corporate governance crisis that began a year ago now.
De los Mozos started working at Renault in 1978 and gradually rose through the ranks. In 2003 he joined Nissan as deputy to the industrial director and moved to Barcelona. Two years later he was appointed director of Nissan Motor and in 2016 he became vice president of the company. He subsequently returned to the French automobile. He was also president of the Anfac employers' association.
De los Mozos was the favorite and the council of the listed company approved its incorporation on Thursday. His appointment as the new CEO completes a complex set of internal alliances for the new stage of the company that will be framed in a historic increase in military spending. Indra aspires to become the reference company in the military sector in Spain and for this the name of the company's number two had to be agreed upon.
Murtra and De los Mozos will form a tandem in the new stage of Indra. The president arrived at the company two years ago now and from the beginning he maintained a pulse for executive functions with Mataix, the former CEO, who inherited Murtra from the previous stage. Mataix resigned in March of this year, and the succession process was opened, which culminated this Thursday.
Indra's board of directors was looking for a person with influence in the PP as CEO, and De los Mozos meets this requirement. Sources close to the company's internal body highlighted the differentiating profile of the new executive for a strategic company for the State such as Indra. José Vicente de los Mozos has, in effect, a fluid relationship with the main opposition party, both with those around its leader, Alberto Núñez Feijóo, and with different regional governments of the PP, such as those of Madrid and Castilla y León .
Indra, controlled by the Sociedad Estatal de Participaciones Industriales (SEPI), aspires to become the national defense giant, so the appointment of its CEO is an operation that the Government has monitored first-hand. The company is currently undergoing a restructuring of its shareholders. The last move was the purchase by Escribano Mechanical
The president of Indra stated last Wednesday at the Feindef defense fair held in Madrid that the military industry is experiencing a "constituent period". "We are at a key moment to talk about the aerospace and defense industry in Spain, since we are in a transformational time at a global level," he defended.
At the meeting of the board of directors of Indra, the reason for the resignation of the independent director Axel Arendt was also acknowledged.
