- The governance crisis at Indra is an example of how executive intervention can severely damage a strategic company.
- The attempt to create a defense giant has led to an internal conflict that hurts minority shareholders and undermines the credibility of the Spanish industry.
- The role of the Government is clear, it pushed for the appointment of Ángel Escribano at the helm of Indra, a move that broke corporate governance.
- The Government initially did not oppose the merger with EM&E, but overlooked the obvious conflict of interest.
- Now it's pressuring for Escribano's resignation, he refuses.
Conclusion: It is essential to reinforce governance, protect the independence of executives and establish transparent criteria in appointments. The Indra crisis should not have happened and should not be repeated.