The Board of Iberdrola, S.A. has appointed Pedro Azagra as the new Group CEO, succeeding Armando Martínez. Previously, Azagra served as the CEO of the company’s U.S. subsidiary. He has been with Iberdrola for 25 years, initially as Executive Director of Development overseeing international growth, and most recently as CEO of the U.S. subsidiary for the past three years.
Azagra holds degrees in Law and Business Administration from the Instituto Católico de Administración y Dirección de Empresas (ICADE) at the Universidad Pontificia de Comillas in Madrid, where he also teaches Corporate Finance and Mergers and Acquisitions. Additionally, he earned an MBA from the University of Chicago and began his career in investment banking at Morgan Stanley before joining Iberdrola.
Source: Iberdrola
