Coppell-based Dave & Buster’s Entertainment Inc. Chief Financial Officer Michael Quartieri will retire effective April 30, the owner and operator of entertainment and dining venues announced.
He will continue to serve as CFO until a successor is appointed and provide advisory services to ensure a smooth transition before his retirement date, the company said. Dave & Buster’s has retained a nationally recognized recruiting firm to search for the CFO post, the company said.
“On behalf of the management team and our board, I want to thank Michael for his significant contributions and leadership over the past two years at Dave & Buster’s,” CEO Chris Morris said in a statement. “Under Michael’s leadership, we completed the acquisition and merger of Main Event which combined two of the strongest brands in the industry to create a leading platform in the rapidly growing experiential entertainment sector. With his contribution, we have created a significant footprint, an exceptional business model with strong assets, and a talented team with a long-term strategy focused on driving organic growth, improving profitability, and producing strong cash flow.”
Morris said he truly enjoyed working with Quartieri as they “transformed the company together.”
“Michael has been a true partner in enabling strong financial performance and has built a high-quality finance organization that will serve this company well for many years to come,” he added.
Quartieri said it has been a pleasure working for the company.
“The company has strong momentum and a tremendous amount of achievable upside which made it a very difficult decision to retire to spend more time with my family,” Quartieri said in a statement. “I want to express my respect and appreciation for the passion and dedication of our talented team members at all our stores and throughout the company and want to thank them for all they do to care for our guests and deliver for our shareholders each and every day.”
Founded in 1982, Dave & Buster’s Entertainment, Inc., is the owner and operator of 220 venues in North America that offer entertainment and dining experiences to guests through two distinct brands: Dave & Buster’s and Main Event.
It has 162 Dave & Buster’s-branded stores in 42 states, Puerto Rico, and Canada. 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 58 Main Event-branded stores in 20 states and offers state-of-the-art bowling, laser tag, hundreds of arcade games, and virtual reality.
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