Sept. 9, 2019 / Madrid, Spain — Ferrovial’s Board of Directors appoints Ignacio Madridejos as CEO of the company following a favorable report by the Appointments and Remuneration Committee. He replaces Íñigo Meirás, who had been CEO since October 2009.
Ignacio Madridejos, born in Madrid in 1965, graduated in Civil Engineering from the Universidad Politécnica of Madrid and holds an MBA from Stanford Business School. He has had an extensive international career, working in the United States, Europe, Latin America and Africa.
Upon graduating, he joined Agroman in 1990 as head of a construction project. In 1993, he joined McKinsey as a consultant in Spain and Argentina. He transferred to CEMEX in 1996, where he held a number of positions including CEO of CEMEX Egypt in 1999, president of CEMEX Spain in 2003, regional president of CEMEX Northern Europe in 2008, global head of Energy, Safety and Responsibility in 2011, and regional president of CEMEX USA in 2015.
Madridejos has held senior positions in industry groups, including president of Oficemen and president of CEMBUREAU (the European Cement Association).
“Ignacio Madridejos combines superb technical and economic training with a successful international career, including a lengthy period in the United States, says Rafael del Pino, chairman of Ferrovial. “All of this will contribute to Ferrovial’s development, which is particularly important at this time of change in the company. Íñigo Meirás made a major contribution to managing Ferrovial during the last financial crisis and its subsequent international expansion.”
Madridejos says Ferrovial is a great company because of the quality of its professionals, its business model, valuable assets and international footprint.
“I am joining the company at an exciting time and I am confident that, with the support of the entire organization, we can continue to create value for all our stakeholders. Society and clients demand efficiency, sustainability and innovation in infrastructure, coinciding fully with our vision and offer.”
Ferrovial, a leading global operator of infrastructure, is committed to developing sustainable solutions. The company has 96,000 employees and operates in over 20 countries. Its main business areas are: Services, Toll Roads, Construction and Airports. It is a member of Spain’s blue-chip IBEX 35 index and is also included in the Dow Jones Sustainability Index and FTSE4Good; all its operations are conducted in compliance with the principles of the UN Global Compact, which the company adopted in 2002.