András Szakonyi named CEO of Ferrovial's Digital Infrastructure Division

Rhea-AI Summary

Ferrovial has appointed András Szakonyi as CEO of its Digital Infrastructure Division. The division focuses on the data center market, leveraging over a decade of project experience for industry leaders in Europe and the Americas. Szakonyi brings extensive experience in data centers and sustainable AI cloud solutions, having previously served as global COO at Iron Mountain's data center business. The division aims to identify and develop high-value projects in the digital infrastructure sector. Szakonyi holds an MBA from Corvinus University and is an INSEAD Business School graduate, with prior experience at General Electric and currently serves on Magyar Telekom's Supervisory Board.

Positive

• Strategic expansion into high-growth data center market
• Appointment of experienced executive with proven track record in data center operations
• Established 10-year presence in digital infrastructure projects across Europe and Americas

Negative

• None.

This division targets the high-growth data center market, building on a decade of successful projects for industry leaders

AMSTERDAM, Nov. 14, 2024 /PRNewswire/ -- Ferrovial, a leading global infrastructure company, announces the appointment of András Szakonyi as CEO of Digital Infrastructure. Szakonyi brings deep sector expertise, both in data centers and sustainable AI cloud solutions. As divisional CEO, he will strengthen and expand Ferrovial's presence in a growing sector where it has been developing projects for multinational leaders for more than 10 years in Europe and the Americas. 

"Ferrovial brings distinctive expertise in complex data center construction projects. Our proven track record of engineering excellence and value creation positions us well to expand our role as a global investor and developer of digital infrastructure. We welcome András's leadership in driving our continued success and innovation in this strategic area," said Ignacio Madridejos, CEO of Ferrovial.

The Digital Infrastructure Division will identify investment opportunities to develop high-value projects in this sector.  

András Szakonyi holds an MBA in Finance and Economics from Corvinus University in Budapest and is a graduate of INSEAD Business School's LEAP (Leadership Excellence through Awareness and Practice Program).

During his extensive professional experience, he has held various international leadership positions. He started his career as a finance professional at General Electric, where he spent six years leading different finance functions in the United States. 

Afterward, he spent 21 years in multiple senior leadership roles at Iron Mountain (IRM), a global listed B2B service company based in Boston focusing on data centers and information management services. He played a key role in building Iron Mountain's data center business in his role as global COO. 

Since 2020, he has been a member of the Supervisory Board and Audit Committee of Magyar Telekom (Subsidiary of Deutsche Telekom), a leading Hungarian information and communications technology company.

About Ferrovial

Ferrovial is one of the world's leading infrastructure companies. The Company operates in more than 15 countries and has a workforce of over 24,000 worldwide. Ferrovial is triple listed on Euronext Amsterdam, the Spanish Stock Exchanges and Nasdaq and is a member of Spain's blue-chip IBEX 35 index. It is part of the Dow Jones Sustainability Index and FTSE4Good, and all its operations are conducted in compliance with the principles of the UN Global Compact, which the Company adopted in 2002. 

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SOURCE Ferrovial

FAQ

Who is the new CEO of Ferrovial's Digital Infrastructure Division?

András Szakonyi has been appointed as CEO of Ferrovial's Digital Infrastructure Division.

What is Ferrovial's (FER) experience in the data center market?

Ferrovial has been developing data center projects for multinational leaders for more than 10 years in Europe and the Americas.

What is the focus of Ferrovial's Digital Infrastructure Division?

The division focuses on identifying investment opportunities and developing high-value projects in the data center market.

What was András Szakonyi's previous role before joining Ferrovial?

András Szakonyi previously served as global COO at Iron Mountain's data center business and has been a member of Magyar Telekom's Supervisory Board since 2020.