Illustration of Josep Maria Recasens appointed as Indra's new CEO shaking hands in a boardroom
Illustration of Josep Maria Recasens appointed as Indra's new CEO shaking hands in a boardroom
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Indra names Josep Maria Recasens as new chief executive

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Indra's board has appointed Josep Maria Recasens, formerly president of Renault Spain and Anfac, as the company's new chief executive. The executive will join on June 17, 2026, replacing José Vicente de los Mozos. Amber Capital is also leaving the board of directors.

Indra's board accepted the Appointments Committee's recommendation and appointed Recasens following De los Mozos's resignation. The change follows the government's decision not to renew the former chief executive's contract, which was due to expire on June 30.

Recasens, a Catalan engineer with over 20 years in the automotive sector, has held roles at Seat and Renault, where he was global head of Strategy, Product and Program Management. He will work alongside non-executive chairman Ángel Simón.

At the same time, the Amber Capital fund, linked to Prisa shareholder Joseph Oughourlian, is leaving the board after falling below the required threshold. Pablo Jiménez de Parga will be replaced by independent director Magdalena Bertram from June 28.

De los Mozos stated on LinkedIn that during his tenure Indra's share price more than quadrupled and left the company more solid and global.

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Discussions on X are limited to recent media announcements and a few user comments noting the leadership change at Indra. One user highlights the shift to an industrial focus and expansion plans, while others share neutral updates or express mild positivity via emojis. No strong negative or skeptical views appear in top results.

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Escribano brothers sell their 14.3% stake in Indra and exit the company

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Brothers Ángel and Javier Escribano sold their 14.3% stake in Indra through an accelerated placement, valued at over 1.3 billion euros. The deal, announced on May 5, 2026, ends three years of shareholding after a conflict with the Spanish Government. Javier Escribano resigned as company director.

Indra's appointments committee met on Monday to select candidates for chief executive. Josep Maria Recasens, a Renault executive, heads the list to replace José Vicente de los Mozos.

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