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Spain's Indra chairman to resign after failed EM&E deal, reports say

Summary by elconciso.es
The board of directors takes note of his resignation after weeks of internal tension linked to the conflict of interest due to the failed operation with EM&E The imminent resignation had passed hours earlier

33 Articles

Right

The former CEO of CriteriaCaixa Angel Simón has been proposed by the State Society of Industrial Participations (SEPI) for the presidency of Indra. In this way, SEPI makes use of its 28% of the shares to impose the decision of Moncloa, by placing its favorite Angel Simón at the head of Indra, and removing the company's top manager after the 14 months of Ángel Escribano at the head of the quoted one. As possible successors of Ángel Escribano, oth…

Center

The government achieves its objective without the support of the board of directors or the main private shareholders. More information: The government decks Angel Simon as president of Indra if negotiations with Escribano fail.

·Spain
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Lean Left

The State Society of Industrial Participations (SEPI) proposes Angel Simon to preside over Indra, according to La Vanguardia. The approach has been made on the extraordinary board of directors that is taking place on the afternoon of this Wednesday of Holy Week. The highest governing body of the quoted one must now decide whether to accept the proposal of the government to succeed Angel Escribano, who has presented his resignation as executive p…

·Granada, Spain
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Lean Left

Angel Escribano intends to resign in the afternoon of this Wednesday as president of Indra. As La Razón has advanced and has been able to confirm this newspaper from knowledgeable sources, the company prepares the celebration of an extraordinary council at five o'clock this Wednesday afternoon to discuss the continuity of the company's top management. It will be necessary to see under what conditions his resignation is raised Escribano, which co…

·Spain
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Lean Right

The output of the technology leader comes under pressure from SEPI due to links with EM&E.

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Expansión broke the news in on Wednesday, April 1, 2026.
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