Simón turns over Indra's top team: he dispenses with five executives from the Escribano era

Indra's executive leadership has undergone a major restructuring following the departure of five senior directors. The restructuring comes as part of Indra's plan to develop and execute a new strategic plan, which is set to be presented on November 25th during a Capital Markets Day. The new executive team, led by Indra's president Angel Simon and CEO Josep Maria Recasens, has been profiled by the company's board.

The board, at its meeting this afternoon, approved the changes to key positions on the executive committee, as recommended by the appointments committee. The changes aim to create a more reliable executive team to drive the new strategic plan. Following the board meeting, Indra's executive committee will consist of 11 members, reflecting a downsizing of the previous team.

The reorganization begins with the departure of five key executives, including Manuel Ausaverri, Manuel Escalante, Juan Pedro Rodriguez, Antonio Mora, and Miguel Angel Panduro. The departures include the directors of Strategy and Technology, International Area, Organization, and Indra Space. While additional changes are not ruled out at the end of the year, the most significant departure is Manuel Ausaverri, Indra's third in command and previously responsible for Strategy.

The departure of these executives is part of a broader effort by Simon and Recasens to assemble a trusted executive team for implementing the new strategic plan, which aims to achieve a revenue of 10 billion euros by 2030.