Awaiting new CEO, Codere committed to all global units following restructuring

Awaiting new CEO, Codere committed to all global units following restructuring

Article brief provided by SBC Americas
  • Charlie Horner, SBC Americas
May 30, 2023 8:36 PM
  • Charlie Horner, SBC Americas

Codere has reassured investors that it remains committed to all business units as it currently undergoes a transitional period that involved a corporate restructuring.

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The Spanish operator has committed to all seven of its global markets including Latin American markets of Mexico, Argentina, Uruguay, Panama, and Colombia, confirming that it is “consolidating its project after the departure of its previous CEOs”.

Codere is in a transitionary phase as it looks ahead to welcoming a new CEO in July following the departure of joint CEOs of Alberto González del Solar and Alejandro Rodino.

Corporate restructuring raised fears over the long-term outlook for the company and whether it would depart any markets, yet this announcement confirms that Codere is pushing ahead with its Latin American approach.