Indra's board approved the executive changes on Tuesday, 29 September 2026. Five senior executives are leaving, including Manuel Ausaverri and Manuel Escalante. The overhaul also fills the Defence leadership gap left by José Vicente de los Mozos and cuts the executive committee from 16 members to 13.
Juan Ramón Hernández will lead Defence and Space, while Frank Torres takes over as General Manager of Operations. Víctor Martínez, Indra's current general manager for ATM, will oversee ATM and Mobility.
Miguel Forteza will oversee Finance and Management Control, with responsibility for mergers and acquisitions. David Santos, who previously led Legal Advisory, will become technical secretary-general.
EFE reported that the five executives leaving are Manuel Ausaverri, Manuel Escalante, Antonio Mora, Juan Pedro Rodríguez and Miguel Ángel Panduro. The changes place several functions under fewer areas of responsibility, aligning the structure and team with Indra's future operating model and strategic priorities.
The largest vacancy is the new General Management of Strategy Technology and Product, which will bring together duties previously split across the company. Indra has started looking for a senior executive to lead the division. Until then, the chief executive will hold the post on an interim basis.
Indra will also dismantle the separate central structure for international operations. Each business unit will take direct responsibility for expanding its presence in different markets.
The company will present its new strategic roadmap on 25 November at its next Capital Markets Day. Ángel Simón and CEO Josep Maria Recasens are leading the process. At Renault, Recasens had already worked on a strategy extending to 2030.
Several Spanish business publications have tied the restructuring to preparations for the investor presentation. Reports published on 23 September described the planned overhaul as a move beyond the previous management phase and the start of a new strategic cycle. The board meeting to approve the changes was scheduled for 29 September.
Ausaverri is leaving after more than two decades at Indra, where he held senior roles in Strategy and innovation and worked on sustainability. His work included Indra's entry into ITP, the acquisition of Hispasat and the takeover of Tess Defence. He was also a basic figure behind the current Leading the Future plan, but was not part of the team designing the new roadmap.
Escalante's departure matters for the defence business. He was responsible for Technology and served as president of Tess Defence. During his presidency, Tess Defence accelerated production of Dragón 8x8 armoured vehicles. The consortium expects to deliver the 100th unit to the Army shortly, but is unlikely to meet its commitment to deliver 138 vehicles this year.
The board also amended its own regulations and the rules governing its committees. The revisions establish procedures for reporting potential conflicts of interest and clarify practical aspects of directors' duty of dedication.
The defence changes come as negotiations continue and industrial issues involving Santa Bárbara remain in view. Some reports have cited those matters as part of the wider context for the reorganisation, though they are not an official explanation for every personnel decision.
Simón and Recasens are consolidating the team after a period of major corporate moves and tensions in Spain's defence sector. The new structure brings strategy and technology under tighter control, alongside operations and the business units. The November investor day will put that structure to its first public test.
