Tag Archives: Gonzaga Higuero

Codere Online has appointed three new members to its Board of Directors. Codere, which operates mainly in Spain and Latin America, as well as other EU markets, has brought in Gabriel Saenz de Buruaga, Taavi Davies and Claude Noesen for an initial term of one year. They are replacing Patrick Ramsey, Michal Elimelech and Laurent Teitgen. Codere Group CEO, Gonzaga …

Codere SA has confirmed that creditors have agreed to reduce its corporate debt by 92% as part of a new financial restructuring programme. The terms of the new agreement will see Codere reduce its outstanding corporate debt from $1.7bn to approximately $140m, as of June 2024. The debt-reduction plan received majority approval from 60% of Codere creditors, who have been …

Codere SA has notified investors that Francesco Quacquarelli has been appointed as Chief Security Officer of the Spain and LatAm markets gambling group. The position has been authorised by new Chief Executive Gonzaga Higuero, who leads Codere’s ‘2024-to-2027’ corporate recovery strategy to return the heritage Spanish gambling group back to shareholder profits. An expert in developing and securing IT systems …

Grupo Codere continues its senior management reorganisation by appointing Agustin Gonzalez as new Director of Technology and Digitalisation of the Spanish and LatAm gambling group. Working directly with new Chief Executive Gonzaga Higuero, Gonzalez will spearhead the omni-channel digitisation projects for Codere across all core markets. Branded a ‘seasoned tech strategist and transformation expert’, Gonzalez joins Codere’s executive team having …

Grupo Codere SA cites that its business has been negatively impacted by the “temporary closures by public authorities due to alleged noncompliance with certain regulations in both Mexico and Argentina”. Publishing its Q2 trading update, the Spanish and Latin America-focused gambling group booked a net loss of €164m due to ‘impairment provisions’ needed to consolidate its performance in Mexico and …

Codere Online continued its robust momentum in Q2 trading as strides were made across its European and Latin American active markets. The Nasdaq enterprise, which focuses on Spanish-speaking betting markets, reported total revenue growth of 35% year-on-year to €37m (Q2 2022: €34m), with a similar uptick of 34% for net gaming revenue to €39m (€26m). This enabled the company to …

Codere SA has made its latest senior hire, appointing Sonia Carabante as Corporate Director of Commercial Strategy and Business Projects. Carabante will report directly to Group CEO Gonzaga Higuero, and has been tasked with executing commercial and efficiency strategy projects while driving group growth. Other areas of focus include transformation as Codere continues to consolidate its international position, as well …

Grupo Codere continues the restructuring of its executive leadership team, announcing the appointment of Luis Villalba as its new Chief Financial Officer (CFO). The appointment sees Villalba replace the incumbent CFO, Óscar Fernández de Llano, who resigned from Codere’s leadership team during H1 proceedings. A 25-year executive in financial management, Villalba joins Codere from food and olive oil exporter Deoleo …