SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 9, 2011
DAVE & BUSTER’S, INC.
(Exact name of registrant as specified in its charter)
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Missouri
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001-15007
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43-1532756
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(State of
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(Commission File
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(IRS Employer
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incorporation)
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Number)
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Identification Number)
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2481 Manana Drive
Dallas TX 75220
(Address of principal executive offices)
Registrant’s telephone number, including area code: (214) 357-9588
Check the appropriate box if the Form 8-K filing is intended to simultaneously satisfy the reporting obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act
¨ Soliciting material pursuant to Rule 14a-12 of the Exchange Act
¨ Pre-commencement communications pursuant to Rule 14d-2(b) Exchange Act
¨ Pre-commencement communications pursuant to Rule 13e-4(c) Exchange Act
Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
On September 9, 2011, the Company announced that Kevin M. Sheehan and Jonathan S. Halkyard have been elected to the Board of Directors of the Company.
Kevin M. Sheehan, 58, serves as President and Chief Executive Officer of NCL Corporation Ltd., a leading global cruise line operator (“NCL”). Mr. Sheehan has served as President of NCL since August 2010 (and previously from August 2008 through March 2009) and Chief Executive Officer of NCL since November 2008. Mr. Sheehan also served as Executive Vice President and Chief Financial Officer of NCL from November 2007 until September 2010. Before joining NCL, Mr. Sheehan spent two and one-half years consulting to private equity firms including Cerberus Capital Management LP (2006-2007) and Clayton Dubilier & Rice (2005-2006). From August 2005 to January 2008, Mr. Sheehan served on the faculty of Adelphi University as Distinguished Visiting Professor - Accounting, Finance and Economics. Prior to that, Mr. Sheehan served a nine-year career with Cendant Corporation, most recently serving as Chairman and Chief Executive Officer of its Vehicle Services Division (including responsibility for Avis Rent A Car, Budget Rent A Car, Budget Truck, PHH Fleet Management and Wright Express). Mr. Sheehan serves on the Board of Directors, as Chairman of the Audit Committee, and as a member of the Compensation Committee of GateHouse Media, Inc. (one of the largest publishers of locally based print and online media in the United States).
Jonathan S. Halkyard, 46, has served as Senior Vice President of Caesars Entertainment Corporation (formerly known as Harrah’s Entertainment, Inc.), one of the largest casino entertainment providers in the world (“Caesars”), since July 2005 and Chief Financial Officer since August 2006. Previously, Mr. Halkyard served Caesars as Treasurer from November 2003 through July 2010, Vice President from November 2002 to July 2005, Assistant General Manager – Harrah’s Las Vegas from May 2002 until November 2002 and Vice President and Assistant General Manager – Harrah’s Lake Tahoe from September 2001 to May 2002.
Item 9.01. Financial Statements and Exhibits.
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(d)
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Exhibits.
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99
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Press release dated September 9, 2011.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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DAVE & BUSTER’S, INC.
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Date: September 12, 2011
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By:
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/s/ Jay L. Tobin
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Jay L. Tobin
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Senior Vice President, General Counsel
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and Secretary
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EXHIBIT 99
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News Release |
Dave & Buster’s Appoints Jonathan Halkyard, CFO of Caesars Entertainment, and Kevin Sheehan, President and CEO of Norwegian Cruise Lines, to Board of Directors
Dallas, September 9, 2011–Dave & Buster’s, Inc., a leading operator of high volume entertainment/dining venues, today announced that Jonathan Halkyard and Kevin Sheehan have been appointed to serve as members of the Company’s Board of Directors, effective immediately. Both executives have significant experience building and growing well-known customer-facing brands and will enhance the existing six-member board.
“We are very pleased that Mr. Halkyard and Mr. Sheehan will be joining Dave & Buster’s board. They have deep experience leading and operating name-brand franchises in which both entertainment and hospitality are critical components of the business. We look forward to benefiting from their knowledge and expertise,” said Tyler Wolfram, Chairman of Dave & Buster's and Partner at Oak Hill Capital Partners.
“We are excited to welcome these two highly experienced business leaders. Their insight will be invaluable as we continue to expand our footprint and position the company for accelerated growth,” said Steve King, Chief Executive Officer of Dave & Buster's.
Mr. Halkyard is currently Senior Vice President and Chief Financial Officer of Caesars Entertainment Corporation (formerly known as Harrah’s Entertainment, Inc.), which owns and operates more than 50 casinos in seven countries. Prior to joining Harrah’s in 1999, he held several leadership positions in corporate development and operations with Landmark Communications.
Mr. Sheehan is currently the President and Chief Executive Officer of Norwegian Cruise Lines, an industry leading cruise line operator. Before joining Norwegian in 2007, Mr. Sheehan served a nine-year career with Cendant Corporation, most recently serving as Chairman and CEO of its Vehicle Services Division where he was responsible for Avis Rent A Car, Budget Rent A Car, Budget Truck, PHH Vehicle Management, First Fleet and Wright Express. He is a director of GateHouse Media, Inc. and previously served on the faculty of Adelphi University’s School of Business.
About Dave & Buster's
In May 2010, Oak Hill Capital Partners and the Dave & Buster's management team formed a partnership to acquire Dave & Buster's. Founded in 1982 and headquartered in Dallas, Texas, Dave & Buster's is the premier national owner and operator of 56 high-volume venues that offer interactive entertainment options for adults and families, such as skill/sports-oriented redemption games and technologically advanced video and simulation games, combined with a full menu of high quality food and beverages. Dave & Buster's currently has stores in 24 states and Canada.
Media Contacts:
Sofia Mata-Leclerc
415-852-3902
sofia-mata@kekst.com
Or
Lin-Hua Wu
Kekst and Company
415-852-3901
lin-wu@kekst.com