Spain – Alejandro Rodino resigns as Director of CodereBy Phil - 24 October 2022
Codere Online, a leading online gaming operator in Spain and Latin America, has announced that Alejandro Rodino, who has served in its Board of Directors since the consummation of the business combination between Codere Online and DD3 on November 30, 2022, has resigned as Director of the Company and been replaced by Borja Fernández.
Mr. Rodino was one of four Directors appointed by Codere Newco S.A. and in which he recently increased his responsibilities after becoming Co-CEO of Codere Group. In its Board of Directors meeting held yesterday, Codere Online acknowledged Mr. Rodino’s resignation as member of the Board and non-voting observer of its Audit Committee.
Following Mr. Rodino’s resignation, the Board appointed Borja Fernández as Director, pending his formal appointment by shareholders at the next general shareholder meeting.
Mr. Fernández brings more than 17 years of experience as Director in multiple boards and across different sectors as well as over 24 years of private equity, structured finance, capital markets (equity and debt) and corporate CFO experience.
He currently serves as Managing Partner for Ahorro Corporación Financiera in Madrid, where he leads their Private Equity and Corporate Investment Banking (CIB) practices. Mr. Fernández holds a BA in Business Administration from Universidad Autónoma de Madrid, has attended executive development programs from INSEAD and IE Business School and speaks four languages.
The company would like to thank Mr. Rodino for his service and valuable contribution during these months and welcomes Mr. Fernández to its Board of Directors.