The board of directors of Indra has formalized the appointment of Ángel Simón as non-executive chairman, just one day after the resignation of Ángel Escribano.
The decision has been communicated to the CNMV and responds to the proposal promoted by SEPI, the company's main shareholder with 28% of the capital.
The handover occurs without intermediate transition, in a rapid movement that evidences the will to stabilize the company's management.
Ángel Simón, a strategic profile
Ángel Simón, an experienced person, with a liberal profile, has had quite an affinity with the PSC over the last ten years, in his fight against Ada Colau in the Barcelona City Council. His profile is that of a solvent manager, with a solid trajectory in the field of large companies and often noted for his strategic qualities.
Simón arrives at the presidency with a consolidated career in large companies. He was CEO of CriteriaCaixa between 2024 and 2025. He has chaired Aguas de Barcelona (Agbar), was vice president of Veolia and held senior management positions in the Suez group
Roads Engineer by the Polytechnic University of Catalonia, his/her profile is linked to the management of large infrastructures and industrial groups.
- His/Her period in Agbar and Aigües de Barcelona coincided with local governments of the PSC‑PSOE in Catalonia, where he/she participated in negotiations of concessions and public services, which generated trust among public managers and socialist politicians.
- During his/her time at CriteriaCaixa, an entity with strong ties to the "la Caixa" Foundation, his/her management of strategic stakes in companies like Telefónica or Naturgy placed him/her in frequent contact with State bodies and ministries linked to the PSOE, especially during moments of SEPI supervision or energy sector regulation.
- His/Her profile is perceived as “neutral” in political terms.
José Vicente de los Mozos will continue as CEO
Current CEO of Indra, José Vicente de los Mozos Obispo represents the classic industry executive profile with strong operational leadership. Born in São Paulo in 1962 but linked to Spanish industry since his professional beginnings, his career was built at Renault, where he spent more than four decades, from apprentice to executive vice president of the Alliance and global director of manufacturing and logistics, and where he was president of Renault Spain and also led the sector's employers' association, ANFAC.
In 2021 he became chairman of the IFEMA Executive Committee and in May 2023 he was appointed CEO of Indra Sistemas, assuming the executive management of the company. His candidacy for the presidency embodies internal continuity and operational execution, with deep knowledge of complex operations, production, logistics, and large industrial structures, which gives him credibility with markets and investors but a lower political-institutional profile than other candidates.
New distribution of power
The appointment of a non-executive chairman changes the internal balance. José Vicente de los Mozos maintains his position as CEO and comes to concentrate total operational control as chief executive.
This scheme clearly separates functions: Simón assumes the institutional and strategic presidency and De los Mozos controls the daily management and execution.
The role of SEPI in the change
The move is not understood without SEPI. As Indra's main shareholder, the public holding company has promoted the change in the presidency. Simón's proposal was moved to the board on Wednesday afternoon and has been executed in less than 24 hours.
The departure of Escribano and the new scenario
Ángel Escribano presented his resignation as executive president in an extraordinary board meeting "out of responsibility" and to avoid further wear and tear on a strategic company like Indra in the face of government pressures.
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His departure opens a new stage in the company, with a different governance model from the previous one.