IAG’s Iberia names Fernando Candela as temporary head

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MADRID (Reuters) – International Airlines Group (LON:ICAG)’s Spanish airline Iberia named Fernando Candela as its acting new president and chief executive officer, replacing Javier Sanchez-Prieto.

Candela will take over from Sanchez-Prieto in July and lead the company until the end of the year, IAG said on Thursday in a statement.