MAXAM announces appointment of José Manuel Fernández Bosch as new CEO of EXPAL Systems

MAXAM has announced the appointment of José Manuel Fernández Bosch as CEO of EXPAL Systems, the group’s Defense division. As of July 1, and coinciding with the next meeting of the Company’s Board of Directors, Fernández Bosch will join the MAXAM management team, in his role as General Manager of the Defense Unit.

Pedro Sallent, who has served as General Manager of EXPAL Systems for the past five years, is leaving the company.

With more than 25 years of experience as a leader in listed companies and international consulting firms, Fernández Bosch is, until joining EXPAL Systems, Partner at the international consulting firm Arthur D. Little. Previously, he was General Manager of the non-regulated business of Aena, participating in the transformation process of the Company between 2012 and 2019 and its IPO in 2015. He has also been CEO of Aena International, as well as Partner of the international consulting firm Boston Consulting Group where he worked between 2000 and 2011. He is a Telecommunications Engineer from the Polytechnic University of Madrid and has an MBA from IESE.

The executive joins EXPAL with the aim of piloting its strategic development and reinforcing its growth, advancing in the transformation of the business from a company specialized in ammunition to a global defense firm. José Manuel Fernández Bosch’s abilities to manage transformation processes will be key to achieving the objectives set for EXPAL Systems in the coming years.

About EXPAL Systems

EXPAL Systems is a global defense and security company. We offer high-end technology products, services and solutions to meet the current and future needs of Air, Land and Sea Armed Forces. We are a trusted ally in over 60 countries adding safety, precision and advanced systems to any mission. EXPAL manages the entire life-cycle of ammunition, from R&D and manufacturing to maintenance and integration services, up to our leading demilitarization solutions.

About MAXAM

MAXAM is a global company, specializing in the design, development, manufacture and application of energetic materials. It structures its activity into four business units: blasting solutions for mining, quarries and civil works; cartridges and gunpowder for use in hunting and sport shooting; products and systems for the defense and security sector; and production of key raw materials in nitro chemical activity.

Founded by Alfred Nobel in 1872, MAXAM currently has nearly 6,000 employees on 5 continents, with 80 industrial facilities, subsidiaries in 50 countries, and business operations in more than 100. The company closed fiscal year 2019 (March 31, 2019) with a turnover of 1,129 million euros.

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