Spain’s Indra Names Simón as Chairman After Leadership Dispute

Indra Sistemas SA plans to appoint Ángel Simón as non-executive chairman following a dispute with the Spanish government that led to the departure of predecessor Ángel Escribano.

Simón, 68, is a veteran executive who moved to industrial investment group Criteria Caixa after serving as president of Agbar, a water-management company, for more than a decade. He will be Indra’s fourth chairman in five years.