Fernando Eiroa, currently President & Chief Executive Officer (CEO) of Palace Entertainment, the US subsidiary business of Parques Reunidos, has been appointed CEO of the Parques Reunidos Group with effect from 1 February 2016. Fernando succeeds Yann Caillère (63) who, after two years of leading the business, has decided to step down, given the longer term commitment required in the context of a targeted IPO of the company. Fernando (51) has an outstanding business track record from his 12 year career at Parques Reunidos and brings the long-term future commitment required as the CEO of a listed company.

Yann will facilitate an orderly transition as Fernando re-locates back to Spain from the US, will continue to support the Parques Reunidos Group as a Senior Advisor and will also pursue other non-executive roles.