Avangrid Elevates Commitment to Diversity, Equity, and Inclusion with Direct CEO Reporting
July 26 2024 - 11:00AM
Business Wire
Ignacio Estella to serve as Senior Vice
President of DEI, Talent and Innovation
Newly formed position reflects Avangrid’s
commitment to building a diverse pipeline of talent and creating a
culture of inclusion
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company
and a member of the Iberdrola Group, announced today the
appointment of Ignacio Estella to senior vice president of
diversity, equity, and inclusion (DEI), talent and innovation. This
newly formed position will report directly to the Avangrid’s CEO,
reflecting the company’s commitment to building a diverse pipeline
of talent and creating a culture of inclusion and unmatched
innovation.
“For years, Ignacio has recognized and supported Avangrid’s DEI
and recruitment industry leading efforts, supporting our business
resource groups and serving as a mentor to our early-career
graduate programs,” said Pedro Azagra, Avangrid CEO. “I am
confident that he is the right person not only to sustain and
empower a diverse workforce, but to help us build upon that
progress. Additionally, by creating DEI, talent and innovation as a
new business area, we further align with Iberdrola and will be even
more strongly positioned to grow in these top priority areas as an
employer of choice.”
In his new role, Estella will be accountable for DEI, talent and
innovation. He is a member of the LGBTQI+ community and will
continue to report directly to the Avangrid CEO as a long-time
member of the company’s senior leadership team.
“Assuming this role with increased visibility is a humbling and
exciting challenge,” said Estella. “The position is an opportunity
to continue fostering an inclusive culture where all different
perspectives are seen, heard and are integral to driving
innovation. As a member of the senior leadership team, I will be
uniquely able to listen, understand and enable an Avangrid with
everyone, that benefits everyone. I am committed to bring my
experience and passion to this role, ensuring that Avangrid leads
by outcomes, today and in the future.”
Estella has been with Avangrid since 2013 when he joined the
company as vice president of corporate development. He most
recently served as senior vice president of corporate development,
responsible for delivering non-organic growth opportunities for the
company beyond those of its present businesses. Prior to joining
Avangrid, Estella worked in a business development role at
Iberdrola for more than six years.
Estella will lead the company’s new DEI, talent and innovation
business area in collaboration with Liberna Charles, vice president
of DEI and talent management and a member of Avangrid’s African
American Council for Excellence (AAACE) business resource group,
and Enrique Bosch, director of innovation. Ryan Shields will
succeed Ignacio as the senior vice president of corporate
development.
“Diverse leadership within a DEI team is crucial,” said Charles.
“It brings a variety of perspectives and experiences to the table,
which can lead to more innovative solutions and strategies. I look
forward to working with Ignacio Estella and our CEO Pedro Azagra to
continue building an inclusive environment at Avangrid where all
employees feel valued and connected through equitable opportunities
to grow and thrive.”
About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be
the leading sustainable energy company in the United States.
Headquartered in Orange, CT with approximately $45 billion in
assets and operations in 24 U.S. states, Avangrid has two primary
lines of business: networks and renewables. Through its networks
business, Avangrid owns and operates eight electric and natural gas
utilities, serving more than 3.3 million customers in New York and
New England. Through its renewables business, Avangrid owns and
operates a portfolio of renewable energy generation facilities
across the United States. Avangrid employs approximately 8,000
people and has been recognized by JUST Capital as one of the JUST
100 companies – a ranking of America’s best corporate citizens – in
2024 for the fourth consecutive year. In 2024, Avangrid ranked
first among utilities and 12 overall. The company supports the
U.N.’s Sustainable Development Goals and was named among the
World’s Most Ethical Companies in 2024 for the sixth consecutive
year by the Ethisphere Institute. Avangrid is a member of the group
of companies controlled by Iberdrola, S.A. For more information,
visit www.avangrid.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240726140653/en/
Media Contact: Sarah Warren sarah.warren@avangrid.com
585-794-9253
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