Applus+ appoints its new CEO

Madrid, June 15th 2022 - Applus+, a global leader in the testing, inspection and certification sector, is pleased to inform the appointment of Joan Amigo as the new Chief Executive Officer of the Group with effect from the AGM on 28 June 2022.

Mr Amigo will replace Fernando Basabe who recently announced his intention to retire after eleven years at the Group. Mr Basabe will be available over the coming months to assist with the transition to ensure a smooth handover.

Mr. Amigo has been the Group Chief Financial Officer of Applus since 2007, through to the listing of the Group in 2014 and until the present date. He has been a member of the Board of Directors of Applus since 2019.

With his thorough financial background, his proven leadership abilities and deep knowledge of the testing industry and Applus, he is the perfect candidate to take Applus successfully onto the next stage of its journey. Mr. Amigo was a key architect of the Strategic Plan presented to the market in November 2021, has been instrumental in ensuring its execution since then and is committed to delivering it.

The Board, under the Chairmanship of Chris Cole, conducted the selection process supported by an external Search Consultant.

A selection process will immediately commence to recruit a new Chief Financial Officer.

Christopher Cole, Chairman of Applus+, says: “Having worked closely with Joan for many years, including the last three as a fellow Board director, I am extremely confident in his leadership abilities as well his ability to provide a fresh impetus to the Group and articulate his vision and our strategy both internally and externally with the aim of lifting the company to a higher level of operational efficiency and recognition within the investment community. I would like to reiterate my thanks to Fernando for his many years of dedicated service to Applus and his significant contribution to the Group.

Joan Amigo, new CEO of Applus+, says: “I thank the Board for placing their trust in me and I assume this challenge with the high energy and commitment to continue the successful development of the Applus business. I am fully focused on ensuring we achieve our Strategic objectives and am confident, that with the many motivated and talented people that Applus has nurtured over the years, we can achieve this, ensuring that every action taken will be in the best interests of increasing shareholder value. I would also like to personally thank Fernando Basabe for his many years of wise counsel and guidance.”

About the Applus+ Group

The company sets ESG (Environmental, Social and Governance) targets every year and monitors their fulfilment. These actions have attracted external recognition from: S&P Global (54, 81% percentile), Sustainalytics (15.6, “Low risk”), MSCI ESG Ratings (AA), from the CDP (B), from Gaïa (71/100) and the inclusion of Applus+ within the FTSE4Good Index Series of Ibex.

ISIN: ES0105022000 
Symbol: APPS-MC 

For more information visit www.applus.com