The Board of Directors of CT (CT Engineering and CT Solutions) announced today the appointment of David Prieto as its new Chief Executive Officer. Jesús Prieto will continue to hold the position of non-executive chairman and chairman of the Board of Directors.

Madrid, September 14, 2023. Since joining CT in 2017, David has served as Director of Mergers, Acquisitions, and Corporate Development, Business Unit Director for CT’s PLM and software integration team, consisting of 70 people, and Director of Innovation at CT Engineering. He successfully managed the divestment of CT’s ASIDEK subsidiary and led the consolidation of CT Solutions’ Projects and Services business units.

Before joining CT, David worked as an assistant to the President and CEO of World Fuel Services, a Fortune 100 energy company based in Miami. He later joined WFS’s Mergers, Acquisitions, and Integration team, where he led the integration of several acquisitions. After completing his undergraduate studies, he spent a year in Buenos Aires, working remotely as a research and strategy consultant for clients in the United States. David holds a Bachelor’s degree in International Relations from Tufts University in Boston and an MBA from the Fuqua School of Business at Duke University in North Carolina, as well as an Executive Master’s in Corporate Law from the Garrigues Study Center in Madrid.

Jesús Prieto founded Cad Tech 35 years ago with a business plan, a personal computer, a phone, a small round table, and a lot of enthusiasm. Today, CT has 2,000 employees spread across nine countries and continues to grow every day.

“It is an incredible honor and responsibility for me to continue the business that my father, Jesús Prieto, our CEOs, employees, clients, and suppliers have helped build over the past 35 years. I want to thank the Board as I take on my new role with a clear mandate: the next 35 years of CT. I take on this new responsibility with great enthusiasm and a firm commitment to our company’s purpose. We are in a time of tremendous change, where innovation, talent, engineering, and technology will be key to transforming business models towards sustainable growth and making a positive impact on our society and the market,” explained David Prieto.

In Jesús’s words: “I am very proud to see what CT has become and I am confident in a promising future. I am excited to think about what the future holds for us. Above all, I want to thank each and every one of our stakeholders for what they have contributed to get us here today. One of my main responsibilities as founder, CEO, and chairman of CT is to ensure the succession and continuity of our business. Therefore, I am pleased to inform you that our Board of Directors has appointed my son, David Prieto, as the new CEO of CT (CT Engineering and CT Solutions).”

About CT

CT consists of two groups, CT Engineering and CT Solutions. CT Engineering provides innovation and engineering services in the aerospace, space, naval, automotive, railway, energy, and industrial sectors. CT pushes the boundaries of technology through innovation, raising performance to new levels throughout the product lifecycle, from design and manufacturing to aftersales support. CT Solutions integrates product lifecycle management (PLM) software with services to help companies simulate real life before physically creating it, in areas such as product design and manufacturing, for example, creating digital twins or planning maintenance.

With over 35 years of experience, CT’s current success is attributed to more than 2000 talented employees based in nine countries across three continents.