Iberdrola Strengthens Global Leadership with New CEO Appointments in Spain and U.S.

The Board of Iberdrola, S.A. has appointed Pedro Azagra as the new Group Chief Executive Officer, succeeding Armando Martínez. Azagra, who has been with the company for 25 years, previously served as CEO of Iberdrola’s U.S. subsidiary. Throughout his tenure, he has played a key role in the company’s global expansion, first as Executive Director of Development and, most recently, by leading Iberdrola’s U.S. operations. He holds dual degrees in Law and Business Administration from ICADE at the Universidad Pontificia de Comillas in Madrid—where he has also lectured in Corporate Finance and Mergers and Acquisitions—and an MBA from the University of Chicago. Before joining Iberdrola, he worked in investment banking at Morgan Stanley.

José Antonio Miranda has been appointed as the new CEO of Iberdrola’s U.S. subsidiary. He currently leads Avangrid Power and brings extensive leadership experience in the energy sector.