Daily Management Review

Inditex to replace its Chief Financial Officer


05/19/2025


Spain's Industria de Diseno Textil SA (Inditex), a leading global apparel retailer, announced that it is replacing its chief financial officer.



Mike Mozart
Mike Mozart
The new CFO will be Andres Sanchez Iglesias, who is presently the tax director. He follows Ignacio Fernandez Fernandez, who is transitioning to Inditex as chief corporate officer, where he will manage finance, sustainability, logistics, transportation, and infrastructure.

Inditex is executing a bold logistics investment strategy for the consecutive second year, whereby it plans to invest €1.8 billion to expand operations, including a logistics center in Zaragoza.

The company, controlled by Spanish tycoon Amancio Ortega, runs Zara and Zara Home, along with Pull & Bear, Massimo Dutti, Bershka, Stradivarius, and Oysho retail outlets.

source: bloomberg.com