VIE 26 DE ABRIL DE 2024 - 01:59hs.
Juan Bautista Ordóñez

Codere appoints new Country Manager in Argentina

Juan Ordoñez will assume in the coming days as the new CEO of Codere in Argentina. After having fulfilled functions in the Roggio Group and in Barrick Gold Corporation, Ordoñez will disembark in the multinational gaming compny in the midst of a possible merger between Codere and the Catalan group Cirsa.

In January, the Martínez Sampedro family -founder of Codere in 1980 after legalizing gambling in Spain- lost control of the company in the hands of the Evermore fund.

This fund, specialized in restructuring mismanaged family conglomerates, crowned its long battle this week to take control of the group.

These days, the Martínez Sampedro denounces that the Evermore fund negotiates to merge Codere with the Catalan group Cirsa to create a giant of the gaming industry.

In this context, Ordoñez disembarks to take charge of the subsidiary in Argentina. With a professional background focused on the world of communication, Ordoñez had left Barrick Argentina one year ago after serving as Executive Director for two years.

In his career he worked for Herbalife, where he was vice president of Corporate Communications for South America and Central America. Previously, he was Director of Corporate Affairs at YPF (Argentine oil company) and responsible for institutional relations and external communication at Benito Roggio e Hijos, leading engineering and construction company that has been operating in Argentina since 1908.

Fuente: GMB / La Politica Online / Picture: La Nación