PLD Space Strengthens its Board of Directors with the Appointment of Hilario Albarracín
PLD Space, an international space transportation company, continues to strengthen its corporate governance with the appointment of Hilario Albarracín, former Chairman and CEO of KPMG in Spain, as a new independent director.
This appointment, which comes just days after the incorporation of space industry pioneer Candace Johnson, underscores PLD Space’s ambition to build a Board composed of strategic profiles with international prestige. Albarracín’s arrival is key in the current phase of preparation for the commercial operations of the MIURA 5 launcher, bringing first-class experience in finance, risk management and corporate strategy.
“Continuing to strengthen our Board with a profile like Hilario’s is essential on our path toward leadership in space transportation in Europe,” said Ezequiel Sánchez, Executive President of PLD Space. “His deep expertise in corporate governance prepares us for the challenges and opportunities of large-scale commercialization.”
For his part, Hilario Albarracín stated that “being part of this successful project is both a challenge and an opportunity in my professional career. PLD Space represents an innovative Spanish and European private initiative that can become a key player in the aerospace sector. It is currently in a strong phase, with a clear and advanced industrial project, and an exciting future ahead. Without a doubt, the launch of MIURA 5 represents a major milestone.”
Hilario Albarracín was Chairman and CEO of KPMG Spain from 2016 to 2021, where he built a more than 30-year career. As Chairman, he was a member of KPMG’s Global Board and of the EMA (Europe, Middle East and Africa) Board. He currently serves on the Boards of Banca March, CELSA Group and LLYC, among other senior positions.
“I have been truly impressed by the quality and enthusiasm of the entire team, their talent, and the structured nature of an innovative industrial project that faces the future with strong assurance,” Albarracín concluded.
These strategic appointments come at a moment of strong momentum for PLD Space, as the company approaches the final phase of development of MIURA 5 ahead of its first commercial launch and consolidates its position as a leader in the new European space economy.