Fernando Hernanz joins Neinor as new General Director of Operations

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

The executive will lead a "key area for the company" after the profit warning made in early April, when the company reduced its housing delivery forecasts and appointed Borja García-Egotxeaga CEO of the company, replacing Juan Velayos.

Neinor Homes reorders its dome after the profit warning in early April. The promoter has appointed Fernando Hernanz as the company's new Chief Operating Officer, "with the objective of leading a key area for the company," the company said in a statement.

Hernanz will replace Borja García-Egotxeaga, CEO of the company after the departure of Juan Velayos. The new Director of Operations of the company has been part of the Neinor team since the beginning of 2015, occupying the position of Purchasing Director within the operations department.

Hernanz is a technical engineer in public works from the Polytechnic University of Madrid and holds an MBA in Business Management and Administration from the Instituto de Empresa (IE). The executive has a long career in the real estate sector and has held various positions of responsibility in companies such as the Construction and Construction Labor Foundation.

At the beginning of April, the developer reduced its housing delivery forecasts for the next three years due to delays in construction, the real estate agency announced. At the same time, the company changed its board of directors and appointed García-Egotxeaga as a substitute for Juan Velayos, until then CEO of the company.

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

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