Dave & Buster's Entertainment Announced That CFO Michael Quartieri Will Be Retiring Effective April 30, 2024; Will Serve As CFO Until His Successor Is Appointed And Provide Advisory Services To Ensure A Smooth Transition Prior To His Retirement Date
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Dave & Buster's Entertainment (PLAY) announced the retirement of CFO Michael Quartieri effective April 30, 2024. Quartieri will continue as CFO until a successor is appointed and will provide advisory services for a smooth transition.
December 20, 2023 | 9:07 pm
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Michael Quartieri, CFO of Dave & Buster's, will retire on April 30, 2024, but will remain in his role until a successor is found and will assist with the transition.
The announcement of a CFO's retirement is significant for the company but given the long notice period and commitment to a smooth transition, the immediate impact on the stock price is likely to be neutral. The company has ample time to find a qualified successor and ensure continuity in its financial operations.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80