Dave & Buster’s Entertainment Searches for Its Next CFO Following Michael Quartieri’s Decision to Retire
Dave & Buster’s Entertainment’s Chief Financial Officer, Michael Quartieri, has announced his retirement from the company effective April 30, 2024. Quartieri will continue to hold the position of CFO until his successor is appointed, offering advisory support to ensure a seamless transition before his retirement. The company has engaged a national recruitment firm to aid in the search for Quartieri’s replacement.
Quartieri was instrumental in overseeing the company’s acquisition and merger of Main Event in 2022, significantly fortifying Dave & Buster’s business model, according to CEO Chris Morris in a statement.
Quartieri had served as CFO for Dave & Buster’s since early 2022, following roles as CFO for LiveOne and Scientific Games. His professional background also includes nine years at Las Vegas Sands Corp. and experience at Deloitte, as detailed on his LinkedIn profile.
Expressing his sentiments, Quartieri stated, “It has been a pleasure to be a part of the team here at Dave & Buster’s. 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. 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 I want to thank them for all they do to care for our guests and deliver for our shareholders each and every day.”
Morris remarked, “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. On a personal note, it has been a pleasure to work with Michael as we 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.”
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