Recasens (Indra): "El anterior comité de dirección parecía una reunión de karaoke"

Indra's CEO Josep Maria Recasens defended the restructuring of the company's board of directors towards the end of September, which reduced its size from 16 to 11 members, with one position still to be filled. During a press conference to present the company's results up to September, Recasens described the previous board of directors as resembling a "karaoke meeting," referencing the excessive number of members.

He argued that this reduction in personnel has contributed to operational agility, along with the creation of three major business units aligned with the company's strategic reorientation: Defense and Space General Direction, Strategy, Technology and Product Area, and Operations Area.

The restructuring process led to the departure of five key figures from the previous structure, including Manuel Ausaverri and Manuel Escalante, responsible for Strategy and Technology, respectively. Other executives who stepped down were Juan Pedro Rodríguez, general director of the International Area; Antonio Mora, general director of Organization; and Miguel Ángel Panduro, general director of Indra Espacio.

The most significant loss was that of Manuel Ausaverri, who previously held the third position in the company and was in charge of Strategy.

The new mega-director general of Defense and Space is Juan Ramón Hernández, while Frank Torres, who previously led Indra Land Vehicles, has been appointed to lead the new Operations Area. For the third major area (Strategy, Technology and Product), Indra is seeking an external director to take charge. This area is expected to implement the company's new roadmap, set to be revealed on November 25th.