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 12, 2006
DAVE & BUSTERS, INC.
(Exact name of registrant as specified in its charter)
Missouri |
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0-25858 |
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43-1532756 |
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Identification Number) |
2481 Manana Drive
Dallas TX 75220
(Address of principal executive offices)
Registrants 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:
o Written communications pursuant to Rule 425 under the Securities Act
o Soliciting material pursuant to Rule 14a-12 of the Exchange Act
o Pre-commencement communications pursuant to Rule 14d-2(b) Exchange Act
o 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 12, 2006, Dave & Busters, Inc. (Registrant) announced the departure of James W. Buster Corley, as Chief Executive Officer, Chief Operating Officer, and Director of the Registrant effective immediately. Mr. Corley has been named Chairman Emeritus and will serve as a senior advisor to the Chief Executive Officer.
Stephen M. King, Senior Vice President and Chief Financial Officer of the Registrant, has been named Chief Executive Officer. Mr. King will continue to serve as Chief Financial Officer. Mr. King, 48, joined the Company as Senior Vice President and Chief Financial Officer in March 2006. From 1984 to 2006, he served in various capacities for Carlson Restaurants Worldwide, including Chief Financial Officer, Chief Administrative Officer, Chief Operating Officer, and most recently as President and Chief Operating Officer of International.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
99.1 Press release dated September 12, 2006.
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 & BUSTERS, INC. |
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Date: September 12, 2006 |
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By: |
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/s/ Stephen M. King |
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Stephen M. King |
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Chief Executive Officer |
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EXHIBIT 99.1
News Release
For further information contact:
Jeff Elliott or Geralyn DeBusk
Halliburton Investor Relations
972-458-8000
Dave & Busters, Inc. Announces Executive Change
Dallas, TX (September 12, 2006)- Dave & Busters, Inc., a leading operator of upscale restaurant/entertainment complexes, today announced the departure of James W. Buster Corley, co-founder and Chief Executive Officer. Mr. Corley has been named Chairman Emeritus and will serve as a senior advisor to the CEO. Mr. Corley, along with co-founder Dave Corriveau, created the Dave & Busters concept in 1982, and has overseen the development of the chain from a single location in Dallas, Texas to 47 locations in the US and Canada today.
Effective immediately, Stephen M. King has been named Chief Executive Officer. Additionally, Mr. King will continue to serve as the Companys Chief Financial Officer. Mr. King joined the company in April of this year, after a 22 year career at Carlson Restaurants Worldwide, most recently serving as President and Chief Operating Officer of Carlson Restaurants International.
Buster and his team have grown Dave & Busters into the industrys largest operator of high-volume restaurant/entertainment complexes, and have put in place a strong foundation that will be able to sustain growth in the future. Buster has been invaluable in the development of this concept, and we appreciate his efforts in the transition of ownership of the Company to Wellspring, said Greg S. Feldman, Chairman of the Board of Dave & Busters, Inc. and Partner and Founder of Wellspring Capital, the private equity firm that acquired the Company earlier this year.
I am very confident in the abilities of Mr. King and the entire management team, and believe that Dave & Busters will remain a unique brand well positioned for strong growth under their leadership, continued Mr. Feldman.
Celebrating over 23 years of operations, Dave & Busters was founded in 1982 and is one of the countrys leading upscale restaurant/entertainment concepts with 47 locations throughout the United States and in Canada. More information on the Company is available on the Companys Web site, www.daveandbusters.com.
Safe Harbor
Statements Under the Private Securities Litigation Reform Act of 1995
Statements in this press release regarding Dave & Busters business which
are not historical facts are forward-looking statements that involve risks
and uncertainties. For a discussion of such risks and uncertainties,
which could cause actual results to differ from those contained in the forward
looking statements, see Risk Factors in the companys Registration Statement
on Form S-4 filed July 26, 2006, SEC File Number 333-136040.