MADRID (Reuters) – Spanish assist and trendy expertise enterprise Indra on Sunday claimed it has really chosen Angel Escribano as its brand-new chairman, after earlier chairman Marc Murtra permitted telecommunications titan Telefonica’s present to finish up being president.
Indra held a exceptional board convention to vary Murtra, that was chosen chief government officer of Telefonica on Saturday, altering Jose Maria Alvarez-Pallete complying with a requirement from state-owned fund SEPI.
The assist firm’s board mentioned due to Murtra for his function in a declaration, stating he added to “drive and materialise a very relevant transformation of the Indra Group and a solid business project for the coming years.”
Angel Escribano is the chief government officer and proprietor of independently held Escribano Mechanical & & Engineering, which is likewise part of the military market. He has really been an investor of Indra on condition that May 2023.
(Reporting by Ana Cantero in Madrid; Editing by Nia Williams)