Dave & Buster’s Announces Appointment of Scott Ross to Board of Directors
Dave & Buster's Entertainment (NASDAQ: PLAY) has announced the appointment of Scott Ross, Managing Partner of Hill Path Capital, to its Board of Directors, effective January 30, 2025. Ross joins the board bringing significant experience in consumer and entertainment businesses, along with his perspective as a major shareholder of the company.
Board Chair and Interim CEO Kevin Sheehan highlighted Ross's proven track record in working with management teams and boards to create stakeholder value. Ross expressed confidence in the company's strategic plan, stating that Dave & Buster's is a high-quality business with significant potential for growth in revenue, cash flow, and shareholder value.
Dave & Buster's Entertainment (NASDAQ: PLAY) ha annunciato la nomina di Scott Ross, Managing Partner di Hill Path Capital, nel suo Consiglio di Amministrazione, con effetto dal 30 gennaio 2025. Ross entra a far parte del consiglio portando un'esperienza significativa nel settore dei consumatori e dell'intrattenimento, insieme alla sua prospettiva di grande azionista dell'azienda.
Il Presidente del Consiglio e CEO ad interim Kevin Sheehan ha messo in evidenza il comprovato record di Ross nel collaborare con i team di gestione e con i consigli per creare valore per gli stakeholder. Ross ha espresso fiducia nel piano strategico dell'azienda, affermando che Dave & Buster's è un'attività di alta qualità con un potenziale significativo di crescita in termini di fatturato, flusso di cassa e valore per gli azionisti.
Dave & Buster's Entertainment (NASDAQ: PLAY) ha anunciado el nombramiento de Scott Ross, Socio Gerente de Hill Path Capital, en su Junta Directiva, con efecto a partir del 30 de enero de 2025. Ross se une a la junta aportando considerable experiencia en empresas de consumo y entretenimiento, además de su perspectiva como accionista mayoritario de la compañía.
El Presidente de la Junta y CEO interino Kevin Sheehan destacó el historial comprobado de Ross en el trabajo con equipos de gestión y directivas para crear valor para los interesados. Ross expresó confianza en el plan estratégico de la empresa, afirmando que Dave & Buster's es un negocio de alta calidad con un potencial significativo de crecimiento en ingresos, flujo de caja y valor para los accionistas.
Dave & Buster's Entertainment (NASDAQ: PLAY)는 Scott Ross를 Hill Path Capital의 관리 파트너로 임명하여 2025년 1월 30일부터 이사회에 합류한다고 발표했습니다. Ross는 소비자 및 엔터테인먼트 분야에서 상당한 경험을 가지고 있으며, 회사의 주요 주주로서의 관점을 더합니다.
이사회 의장이자 임시 CEO인 Kevin Sheehan은 Ross가 관리 팀 및 이사회와 협력하여 이해관계자 가치를 창출하는 데 뛰어난 실적을 보였다고 강조했습니다. Ross는 회사의 전략적 계획에 대한 신뢰를 표명하며, Dave & Buster's는 수익, 현금 흐름 및 주주 가치를 높일 수 있는 잠재력이 큰 고품질 비즈니스라고 언급했습니다.
Dave & Buster's Entertainment (NASDAQ: PLAY) a annoncé la nomination de Scott Ross, associé gérant de Hill Path Capital, à son Conseil d'Administration, avec effet à partir du 30 janvier 2025. Ross rejoint le conseil en apportant une expérience significative dans les secteurs des consommateurs et du divertissement, ainsi qu'une perspective en tant qu'actionnaire majeur de l'entreprise.
Le Président du Conseil et PDG par intérim Kevin Sheehan a souligné le parcours éprouvé de Ross dans le travail avec les équipes de direction et les conseils pour créer de la valeur pour les parties prenantes. Ross a exprimé sa confiance dans le plan stratégique de l'entreprise, déclarant que Dave & Buster's est une entreprise de haute qualité avec un potentiel de croissance significatif en termes de revenus, de flux de trésorerie et de valeur pour les actionnaires.
Dave & Buster's Entertainment (NASDAQ: PLAY) hat die Ernennung von Scott Ross, Managing Partner von Hill Path Capital, in sein Board of Directors bekannt gegeben. Die Ernennung tritt am 30. Januar 2025 in Kraft. Ross bringt bedeutende Erfahrungen im Bereich Verbraucher und Unterhaltung mit und bietet zudem die Perspektive eines Großaktionärs des Unternehmens.
Der Vorsitzende des Boards und Interim-CEO Kevin Sheehan hob Ross' nachgewiesene Erfolge in der Zusammenarbeit mit Managementteams und Vorständen zur Schaffung von Stakeholder-Werten hervor. Ross äußerte sein Vertrauen in den strategischen Plan des Unternehmens und erklärte, dass Dave & Buster's ein qualitativ hochwertiges Unternehmen mit signifikanten Wachstumschancen in Bezug auf Umsatz, Cashflow und Aktionärswert ist.
- Addition of experienced board member with significant consumer and entertainment sector expertise
- New director represents major shareholder interests, potentially aligning management with shareholders
- Strategic focus on revenue and cash flow growth confirmed by new board member
- None.
DALLAS, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Dave & Buster's Entertainment, Inc., (NASDAQ: PLAY), ("Dave & Buster's" or "the Company") today announced the appointment of Scott Ross, Managing Partner of Hill Path Capital, to the Company’s Board of Directors, effective January 30, 2025.
“On behalf of the Board, we are pleased to welcome Scott to our team,” said Kevin Sheehan, Board Chair and Interim Chief Executive Officer. “Scott has a proven track record of working closely with management teams and boards to help create substantial value for all stakeholders. He brings valuable insights and capabilities given his financial background, his extensive experience investing in and overseeing consumer and entertainment businesses and his perspective as a significant shareholder of Dave & Buster’s.”
“Dave & Buster’s is a high-quality business and an iconic brand with a huge fan base and tremendous and obvious near and long-term upside,” said Scott Ross. “I am excited to work with Kevin, the rest of the Board and the management team to help drive meaningful growth and value for all stakeholders. The Company clearly has the right strategic plan that I am confident will lead to significant increases in revenue, cash flow and shareholder value.”
About Scott Ross
Mr. Ross is the Founder and Managing Partner of Hill Path Capital. Mr. Ross was previously a Partner at Apollo Management where he focused on private equity and debt investments in the lodging, leisure, entertainment, consumer and business services sectors. Prior to Apollo, Mr. Ross worked at Goldman, Sachs & Co. and was a member of the Principal Investment Area in the Merchant Banking Division and of the Principal Finance Group in the Fixed Income, Currencies, and Commodities Division. Mr. Ross currently serves as the Chairman of the Board of Directors of United Parks & Resorts, Inc. (the parent company of SeaWorld, Busch Gardens, Discovery Cove, and Sesame Place) and as a Director on the Board of Directors of The ONE Group Hospitality, Inc. (the parent company of STK, Benihana, and other restaurant brands). Mr. Ross has previously served on the Board of Directors of Diamond Eagle Acquisition Corp., Great Wolf Resorts, Inc., EVERTEC, Inc. and CEC Entertainment, Inc. (the parent company of Chuck E. Cheese’s and Peter Piper Pizza). Mr. Ross graduated magna cum laude from Georgetown University with a B.A. degree in Economics and was elected to Phi Beta Kappa.
About Dave & Buster’s Entertainment, Inc.
Founded in 1982 and headquartered in Coppell, Texas, Dave & Buster's Entertainment, Inc., is the owner and operator of 232 venues in North America that offer premier entertainment and dining experiences to guests through two distinct brands: Dave & Buster’s and Main Event. The Company has 171 Dave & Buster’s branded stores in 43 states, Puerto Rico, and Canada and offers guests the opportunity to "Eat Drink Play and Watch," all in one location. Each store offers a full menu of entrées and appetizers, a complete selection of alcoholic and non-alcoholic beverages, and an extensive assortment of entertainment attractions centered around playing games and watching live sports and other televised events. The Company also operates 61 Main Event branded stores in 22 states across the country, and offers state-of-the-art bowling, laser tag, hundreds of arcade games and virtual reality, making it the perfect place for families to connect and make memories. For more information about each brand, visit daveandbusters.com and mainevent.com.
For Investor Relations Inquiries:
Cory Hatton, VP Investor Relations & Treasurer
Dave & Buster’s Entertainment, Inc.
Cory.Hatton@daveandbusters.com
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