Indra held an extraordinary board meeting to replace Murtra, who was appointed CEO of Telefonica on Saturday, replacing Jose Maria Alvarez-Pallete following a request from state-owned fund SEPI.
The defence firm’s board thanked Murtra for his work in a statement, saying he contributed 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 CEO and owner of privately held Escribano Mechanical & Engineering, which is also part of the military industry. He has been a shareholder of Indra since May 2023.
Content Courtesy – Reuters
