CDRO - Codere Online Reports Favorable AGM Results and Changes to its Board of Directors | Benzinga
Luxembourg, Grand Duchy of Luxembourg, June 25, 2024 – (GLOBE NEWSWIRE) Codere Online (NASDAQ:CDRO, the "Company")), a leading online gaming operator in Spain and Latin America, today announced the favorable resolution of all 21 agenda items at the Annual General Meeting (AGM) held yesterday at the registered office of the Company, including the appointment of three new members to its Board of Directors.
Mr. Gabriel Saenz de Buruaga, Mr. Taavi Davies and Mr. Claude Noesen have been appointed as directors for an initial term of one year, replacing Mr. Patrick Ramsey, Ms. Michal Elimelech, and Mr. Laurent Teitgen.
Mr. Gonzaga Higuero, CEO of Codere Group, was re-appointed as director and will also serve as Chairman of the Board going forward. In regards to these changes, Mr. Higuero stated "we welcome these new additions to the Board and look forward to working with them to build upon the significant progress achieved by the Company in recent years."
Mr. Higuero further added "I would also like to extend my sincere appreciation to Pat for his valuable contribution and dedication as Chairman since Codere Online went public in 2021, and I am excited that he will be joining me in the Board of our parent company, Codere New Topco, following its recently announced recapitalization and as it looks ahead to a promising future."
For detailed biographies of the members of our Board of Directors please visit our website.
Changes to Board Committees
In the Board of Directors meeting held last week ahead of the AGM, the following changes to the Company's Committees were approved:
- Audit Committee - Appointment of Mr. Claude Noesen as member. Mr. Borja Fernández and Mr. Daniel Valdez will continue to serve as Chairman and member, respectively.
- Compliance Committee – Appointment of Mr. Mark Dunn as Chairman and Mr. Taavi Davies as member. Mr. Rafael Catalá and Ms. Yaiza Rodríguez will continue to serve as members.
About Codere Online
Codere Online refers, collectively, to Codere Online Luxembourg, S.A. and its subsidiaries. Codere Online launched in 2014 as part of the renowned casino operator Codere Group. Codere Online offers online sports betting and online casino through its state-of-the art website and mobile applications. Codere currently operates in its core ...