Dave & Buster’s has announced the appointment of Scott Ross to the company’s board of directors.
Ross is the founder and managing partner of Hill Path Capital and was previously a partner at Apollo Management where he focused on private equity and debt investments. He also currently serves at the chairman of the board of directors of United Parks & Resorts, which operates the SeaWorld and Busch Gardens theme parks. Ross has previously served on the board of directors of CEC Entertainment, the parent company of Chuck E. Cheese
Kevin Sheehan, board chair and interim CEO of Dave & Buster’s, said: “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.”
Ross commented: “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.
“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.”
