Josep Maria Recasens favored to become new Indra CEO

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.

The board vote is scheduled for Tuesday. Sources close to the process indicate that Recasens is the leading candidate, although the final decision remains open.

Recasens currently serves as director of Strategy, Product and Programs at Renault Group and president of Renault Group Spain. His industrial background aligns with Indra's defense expansion plans.

Other names considered include Eva Azoulay, chief executive of ITP Aero, and an executive linked to Siemens Gamesa. An ITP Aero spokesperson denied that Azoulay is involved in the process.

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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.

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.

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President-elect Abelardo de la Espriella named Jorge Mario Velásquez, former head of Grupo Argos, to Ecopetrol’s board of directors. Vice president-elect José Manuel Restrepo stressed the need to restructure the company.

President Claudia Sheinbaum announced Thursday the leadership change at Petróleos Mexicanos. Víctor Rodríguez Padilla is leaving the post after a year and a half to return to academia.

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Ricardo Roa Barragán will leave the presidency of Ecopetrol on July 30 after a period marked by judicial controversies. The move coincides with the transition to the government of president-elect Abelardo de la Espriella.

President José Antonio Kast named Bernardo Fontaine as the new chair of Codelco’s board, replacing Máximo Pacheco, effective May 26. The move comes amid government criticism of prior management over production shortfalls and financial performance.

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Businessman Enrique Riquelme has notified his candidacy for the Real Madrid presidency, marking the first elections with a rival for Florentino Pérez in two decades.

 

 

 

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