9th Jan 2026 08:05
International Consolidated Airlines Group SA - London and Madrid-based owner of British Airways, Iberia and other carriers, trading as International Airlines Group - Chief Financial & Sustainability Officer Nicholas Cadbury has decided to step down and will leave IAG with effect from June this year, having been CFO since 2022. Company has appointed Jose Antonio Barrionuevo as CFO, also effective from June. Says Cadbury will stay on over the next six months to provide support during the leadership transition. Barrionuevo has been British Airways' chief financial & transformation officer since mid-2023, and first joined International Consolidated Airlines in 2013 as director of strategy & transformation at Iberia before serving as that carrier's CFO for seven years.
Chief Executive Officer Luis Gallego says: "Under [Cadbury's] leadership, IAG has built back its balance sheet and profitability, improved shareholder returns, positioning for long-term sustainable growth. I'm delighted that Jose Antonio, a talented leader from within the group, will be taking over from Nicholas. He brings significant experience in finance, transformation and strategy in both Iberia and British Airways and in capital markets. He is a well-respected, accomplished and experienced CFO with a strong track record."
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By Emma Curzon, Alliance News reporter
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