International Airlines Group (IAG) has announced that Nicholas Cadbury will step down from his current role and leave the Group with effect from June 2026.
José Antonio Barrionuevo has been appointed Chief Financial Officer, also effective from June 2026. He brings extensive experience in financial leadership and business transformation within the aviation sector. Barrionuevo currently serves as Chief Financial and Transformation Officer at British Airways, a position he has held since July 2023.
He joined IAG in 2013 as Director of Strategy and Transformation at Iberia and has since held a number of senior roles across the Group. Most notably, he spent seven years as Chief Financial Officer of Iberia, where he played a key role in the airline’s financial turnaround and long-term strategic development. Earlier in his career, Barrionuevo worked at JP Morgan and McKinsey, gaining broad experience in financial markets and management consulting.
The appointment follows IAG’s established succession planning process, which is designed to develop senior leadership talent across its operating companies and business units. This structured approach supports continuity, internal progression and long-term stability at Group level.
To ensure an orderly handover, Nicholas Cadbury will remain with the business for a further six months, working closely with José Antonio Barrionuevo to support a smooth transition ahead of the change taking effect in June 2026.
