REG - Mobico Group PLC - Francisco Iglesias appointed Mobico Group CEO

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RNS Number : 9796X  Mobico Group PLC  25 March 2026

Strictly Private &
Confidential
 

 

25 March 2026

MOBICO Group PLC

("Mobico" or the "Group")

Francisco ("Paco") Iglesias to be appointed to the Mobico Board as Group CEO

Mobico Group Plc is pleased to announce the appointment of Paco Iglesias as
Group Chief Executive Officer. Paco is currently Group Chief Operating
Officer, a position he has held since February 2025, and has been CEO of
Mobico's Alsa division since 2016.

Paco will take up the Group CEO role and join the Mobico Board on 1 April
2026. Phil White will remain as Mobico's Executive Chair until 30 September
2026 and will then re-assume his role as Non-Executive Chair from 1 October
2026. Phil will work closely with Paco to ensure an orderly transition of
executive duties.

Paco joined Alsa in 1991 and has held a range of senior management positions.
Under his leadership, the business has grown significantly and established
itself as the leading Spanish road passenger transport business. This has
included successfully diversifying away from long-haul services into sectors
including regional and urban bus and medical transport, as well as expanding
internationally into Portugal, Switzerland, Morocco and Saudi Arabia. As Group
COO, Paco has led initiatives to bring best practice from Alsa to the wider
group and is overseeing the integration of UK Coach into Alsa.

Alongside his role as Group CEO, Paco will continue to oversee Alsa, supported
by a strong divisional leadership team.

Phil White, Mobico Executive Chair, said: "Since my appointment as Executive
Chair some 12 months ago, meaningful progress has been made to stabilise the
business including the introduction of the 'Simplify, Strengthen and Succeed'
strategy, reaching a key milestone in our German business and integrating UK
Coach into Alsa".

"Under Paco's leadership, Alsa has delivered exceptional performance and he
has been the driving force of Mobico's growth for some time. He is the ideal
candidate to lead the business in its next chapter of growth and to ensure the
value inherent in the Group's portfolio is better reflected. I look forward to
supporting Paco, Brian and the rest of the team."

Paco Iglesias, Group CEO designate, said: "Having worked within Alsa and
across the wider group for many years, I have seen the commitment of our
people and the underlying strength of our businesses. We are making tangible
progress in simplifying and strengthening Mobico. My priority as CEO will be
to build on that momentum, delivering first class customer service while
improving our operational performance and maintaining our financial
discipline. I am grateful for the support of Phil, Brian and the rest of the
Board and look forward to leading Mobico through the next phase of its
development."

 Mobico contacts for enquiries:
 Investor Relations  ir@mobicogroup.com

 Media enquiries:
 Matt Denham         +44 (0)7551 825 496
 Antonia Pollock     +44 (0)7789 954 356

 

 

 

Notes

 

1.   Legal Entity Identifier: 213800A8IQEMY8PA5X34.

2.   This announcement is made pursuant to UKLR 6.4.6R(1) - (4) and UKLR
6.4.8R of the UK Listing Rules.

3.   No other details in relation to Mr Iglesias's appointment are required
to be disclosed in respect of Rule 6.4.8 of the UK Listing Rules.

4.   Information about Mr Iglesias's remuneration arrangements will be
disclosed in the Group's Annual Report & Accounts.

 

 

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