Airtificial Group

Eduardo Montes, Airtificial’s new president


Madrid, 28th of June 2023. The Board of Directors, following the General Shareholders’ Meeting of Airtificial, has appointed Eduardo Montes as the new president. By unanimous vote of the members of the Board of Directors, Eduardo Montes replaces Rafael Suñol, who is ending his term of office after three years as president and more than 20 years as part of the company in various positions. Eduardo Montes had been a member of the Board of Directors since the end of 2019 in an independent capacity and president of the Audit Committee. He has now been elected president in view of his extensive experience in the industrial sector, both nationally and internationally.

Eduardo Montes, an industrial engineer by the Universidad Politécnica de Madrid, has an extensive professional career, both in Spain and in several countries abroad; such as France, the United Kingdom and Germany. The new president of Airtificial has held senior management positions in several Spanish and multinational industrial companies. Specifically, Montes was the general manager of Alcatel, president of Alstom Transport and had an extensive career in Siemens, culminating in the executive vice-presidency of Siemens AG. Subsequently, he was chairman of Ferrotlántica, of UNESA -the Spanish electricity companies’ employer’s association- and of the Wamow tourism group. In fact, Montes has been publicly recognised and awarded on many occasions for his leadership, work and dedication by various organisations, such as the Best Manager of the Year award granted by Actualidad Económica and the consultancy firm AT Kearney, the Best Businessman Award or the Knight’s Cross of the Order of Merit of the Federal Republic of Germany, among others.

The Board of Directors has expressed its gratitude to Rafael Suñol for his loyalty and dedication during more than 20 years of work in the Company, in which his corporate leadership, his invaluable contribution and his vision have been key in the creation and growth of Airtificial. In addition to his three-year stint as president of Airtificial, Suñol has worked for 16 years at Inypsa, and another year at Carbures, companies that gave rise to the current company.

Eduardo Montes, new president of Airtificial, has stated that assuming the presidency of Airtificial means “reinforcing my commitment to the Company, of whose Board I have been a member for years. Airtificial is a company destined to play a strategic role in our country, due to the technologies in which it operates. It has enormous growth potential and the markets in which it operates are all large. My objective is to ensure that, together with the Board of Directors and the Company’s Management, Airtificial will soon occupy its rightful place in the industry and technology of our country. I am very excited about this and, for my part, I will make every effort to make this happen”.

María del Mar Ruiz Andújar, appointed as new director
María del Mar Ruiz Andújar, appointed director
The Board of Directors has appointed María del Mar Ruiz Andújar as director. She holds a degree in Business Administration from ICADE and has 25 years of experience in the banking sector at Goldman Sachs, JP Morgan, The Boston Consulting Group, Banesto and Banco Santander. The appointment, made by co-optation by the board, will be submitted for ratification at the next shareholders’ meeting. This brings the number of women on the board to three.

José Antonio Iturriaga, new president of the Audit Committee
José Antonio Iturriaga, new president of the Audit Committee
The members of the Audit Committee have elected José Antonio Iturriaga, who was already a member of the Audit Committee, as president.
José Antonio Iturriaga is an expert in auditing and restructuring processes of banks and savings banks. He has extensive experience, having worked as general manager of Banco de Valencia, representing the FROB, and chairman of the Institute of Internal Auditors of Spain.


About Airtificial
Airtificial provides global and innovative design and manufacturing solutions for the automotive, aeronautics, infrastructure, and other industrial sectors, integrating advanced technologies, such as robotics and artificial intelligence that, together with human interaction, contribute to a more sustainable development. It has an operational presence in thirteen countries in the main markets of Europe, America, and Asia; and contributes to the digital transformation and the automation and optimisation of its customers’ processes in the industrial field through sustainable and competitive growth.


Press contact:

Iñigo Palacio
(+34) 91 576 52 50 / (+34) 639 779 132