Indra CEO to Leave in Next Shakeup at Spain Defense Champion

Indra Sistemas SA, the defense company backed by the Spanish government, is set to replace its top executive in the latest management shakeup after its controversial chairman stepped down last month.

Indra’s board has started a selection process to replace Chief Executive Officer José-Vicente de los Mozos, whose expiring contract will not be renewed, the Madrid-based company said late Monday. De los Mozos, who has been in the job since mid-2023, will stay on to help with the transition.