IAG's Iberia CEO steps down amid job cuts

International Airlines Group (IAG) announced Wednesday the resignation of Rafael Sanchez-Lozano as Chief Executive Officer (CEO) of the company's Spanish subsidiary Iberia.

International Airlines Group (IAG) announced Wednesday the resignation of Rafael Sanchez-Lozano as Chief Executive Officer (CEO) of the company's Spanish subsidiary Iberia.

He will be replaced by Luis Gallego, who is currently CEO of Iberia's arm Iberia Express.

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