IAG Announces the Appointment of José Antonio Barrionuevo as New Chief Financial Officer
- Joe Breitfeller
- 7 hours ago
- 2 min read
The International Consolidated Airlines Group (IAG) has today announced the appointment of José Antonio Barrionuevo as Chief Financial Officer effective June 2026. Mr. Barrionuevo will succeed Nicholas Cadbury who will be leaving the Group.
On Friday (January 9, 2026), the International Airlines Group (IAG) announced that the company’s Chief Financial Officer, Nicholas Cadbury, has decided to step down from his current role and will be leaving the Group effective June 2026. He will be succeeded by José Antonio Barrionuevo who has been appointed as CFO effective June 2026. Mr. Barrionuevo brings a strong track record in financial leadership and transformation in the aviation sector. Currently, he serves as Chief Financial and Transformation Officer at British Airways, having held that role since July 2023. He joined the Group in 2013 as Director of Strategy and Transformation at Iberia and has worked in a variety of roles, including seven years as CFO of Iberia. Previously he held positions with JP Morgan and McKinsey.
In Friday’s announcement, IAG’s Chief Executive Officer, Luis Gallego, said,
“On behalf of the Board and the entire Group I would like to thank Nicholas for his contribution since he joined IAG in early 2022. Under his leadership, IAG has built back its balance sheet and profitability, improved shareholder returns, positioning for long-term sustainable growth. I’m delighted that José 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. Our focus remains on performing for our customers, in transforming for the future, and delivering strong shareholder returns.”
Also commenting on his upcoming role as IAG’s new Chief Financial Officer, José Antonio Barrionuevo said,
“I am looking forward to continuing my career within IAG now as CFO for the Group. IAG is well-positioned to continue sustainable long-term growth, industry-leading profitability and value creation for our shareholders.”
IAG’s outgoing CFO, Nicholas Cadbury, added,
“It has been a privilege to be involved in the success of IAG and to work with so many dedicated and talented people. I have decided that now is the right time to step down to seek new and varied challenges outside IAG, after supporting the transition to José Antonio.”
The International Consolidated Airlines Group (IAG) is one of the world’s leading airline groups and has a combined fleet of nearly 600 aircraft. The Group’s airlines include Aer Lingus, British Airways, Iberia, Level and Vueling. The company’s other subsidiaries include IAG Loyalty, IAG Cargo, and IAG Global Business Services (GBS).
Source: IAG / RNS Number: 2497O