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Indra Starts CEO Search, Confirms De los Mozos Will Step Down

The move signals tighter state oversight following an April board shake-up.

Overview

  • Indra said Monday in a CNMV filing that it has begun seeking a new chief executive and has ruled out extending José Vicente de los Mozos’ tenure.
  • The company said De los Mozos will continue in his role to ensure an orderly handover until a successor is named.
  • The succession drive lands ahead of the June 30 shareholder meeting, which also marks the scheduled end of his mandate.
  • State holding SEPI is a key shareholder, and the April appointment of Ángel Simón as chair shifted the board’s internal balance.
  • Tensions over a proposed €2 billion tie-up with Escribano Mechanical & Engineering set the backdrop, while El Periódico and La Vanguardia report the government and Simón pushed the exit, a claim Indra has not confirmed.