Codere Online has announced that CFO Oscar Iglesias will step down from his executive role later this year for personal reasons, with the transition set to be completed by 31 December 2025 at the latest.
However, Iglesias will remain with the Nasdaq-listed operator as a director, pending shareholder approval, marking his return to the board where he previously served from 2021 to 2023. In this new role, he will continue to contribute to the company’s strategic direction.
Iglesias, who joined Codere Online in 2021, has been a key figure in its expansion and transformation. He notably guided the operator through its 2021 public listing via a merger with DD3 Acquisition Corp. II, bolstering its capital structure and market presence. Prior to this, he held senior positions at Codere Group, including global head of corporate development and deputy CFO, during a six-year tenure with the parent company.
Gonzaga Higuero, chairman of the board, said:
We are grateful to Oscar for his leadership and dedication over the past decade.
He has been a trusted partner and a driving force behind our journey from a private company to a Nasdaq-listed organisation. We are pleased that he will remain closely involved with the company as a member of our board.
Oscar Iglesias added:
I am very proud of what we have accomplished together, having successfully delivered on the plan we set out to investors in 2021.
While I have made the personal decision to move on from a day-to-day role in the company, I look forward to continue supporting Codere Online as both a board member and shareholder of the company.