Indra Appoints New Executives
The Spanish company Indra has a new president. Ángel Simón is now in charge. This change happened after another executive left the company.
Indra, a company that makes technology and defense products, announced the appointment of Ángel Simón as its president. This followed the departure of Ángel Escribano. José Vicente de los Mozos will be the company’s first executive. The Spanish government sees this appointment as a way to support the socialist party. The move comes after a non-compete clause for the previous CEO expired.
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Highlights
Simón Named Indra President
Ángel Simón has been appointed president of Indra following the departure of Ángel Escribano.
PSC and Moncloa's Choice
The Spanish government sees this appointment as a consolation prize.
Non-Compete Clause Expired
The appointment follows the end of a non-compete agreement.
José Vicente de los Mozos Role
'First executive' role given to José Vicente de los Mozos.
Indra's Previous CEO Leaves
Ángel Escribano previously held the position of CEO.