Iveco Group's Senior Leadership Team Change: A New Era of Operational Excellence and Sustainability

Iveco Group N.V. (EXM: IVG) has announced significant changes to its Senior Leadership Team (SLT), effective December 1, 2022. The appointments of Angela Qu as Chief Supply Chain Officer and Ángel Rodríguez Lagunilla as Chief Manufacturing Officer mark a new era for the company, focusing on operational excellence, sustainability, and innovation. Here's a closer look at these appointments and their potential impact on Iveco Group's long-term growth strategy.

Angela Qu: A Global Supply Chain Expert

Angela Qu brings over 25 years of experience in manufacturing, supply chain, procurement, and management consulting to her new role. Her extensive background includes developing greenfield manufacturing sites in China for Siemens, heading global sourcing at Leybold Optics, and leading the supply chain function at ABB. Angela's appointment is expected to enhance business proximity and focus, contributing to Iveco Group's agility and effectiveness in a complex market environment.

Ángel Rodríguez Lagunilla: Lean Manufacturing and Smart Factory Expertise

Ángel Rodríguez Lagunilla has successfully led the Manufacturing organization of Iveco Group since its inception. With a degree in Engineering from the University of Valladolid, Spain, he has developed his professional career within the company, holding roles of increasing responsibility. His expertise in lean manufacturing and smart factory concepts, as demonstrated by his leadership of the Madrid plant, will be crucial in driving Iveco Group's manufacturing operations forward.



Alignment with Long-term Growth Strategy and Sustainability Goals

The new appointments align with Iveco Group's long-term growth strategy and sustainability goals in several ways:

1. Enhancing Operational Efficiency and Agility: By creating two distinct organizations for supply chain and manufacturing, Iveco Group aims to improve business proximity and focus. Angela Qu's and Ángel Rodríguez Lagunilla's experience and expertise in their respective fields will help streamline operations and enhance the company's agility in responding to market dynamics.
2. Strengthening Sustainability Efforts: Angela Qu's background in sustainability, including her role as a member of the Board of Trustees at the Chartered Institute of Procurement & Supply, suggests that she will bring valuable insights to Iveco Group's sustainability initiatives. Her experience in global supply chain management will also help the company optimize its supply chain for better environmental performance.
3. Fostering Innovation and Digitalization: Ángel Rodríguez Lagunilla's expertise in lean manufacturing and smart factories indicates that he will play a crucial role in driving innovation and digitalization within Iveco Group's manufacturing processes. This aligns with the company's long-term goal of embracing advanced technologies to improve efficiency and sustainability.
4. Supporting the Company's New Energy Future: The appointments of Angela Qu and Ángel Rodríguez Lagunilla come at a time when Iveco Group is focusing on its new energy future, which includes the development of electric and alternative fuel vehicles. Their combined experience and skills will be instrumental in helping the company achieve its sustainability goals and successfully transition to a more sustainable energy landscape.

In conclusion, the new appointments of Angela Qu and Ángel Rodríguez Lagunilla support Iveco Group's long-term growth strategy and sustainability goals by enhancing operational efficiency, strengthening sustainability efforts, fostering innovation, and supporting the company's transition to a new energy future. As the company continues to navigate the complex and challenging market dynamics, these appointments will be crucial in driving its success and maintaining its competitive edge.