Dave & Buster's CEO Brian Jenkins retires; Chair Kevin Sheehan named interim CEO

Dave & Buster's Entertainment, Inc.

Brian Jenkins steps down as CEO and director effective Sept 30, 2021; becomes Senior Advisor through Nov 30, 2021.
Board appoints Chair Kevin Sheehan as interim CEO effective Oct 1, 2021; Heidrick & Struggles retained to find permanent successor.
Sheehan interim CEO compensation: $780k base salary, $2M RSU grant, PSUs on 20k shares, target bonus 100% of salary.
Jenkins’ separation qualifies as retirement; severance includes 24 months base salary plus target bonus, 12 months benefits.
Board reduces size to seven members effective Oct 1, 2021, following Jenkins' departure.

item 5.02 item 9.01

Executive movements

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Appointed (interim)

Kevin Sheehan

interim Chief Executive Officer

PLAY · Dave & Buster's Entertainment, Inc.

Effective: 2021-10-01
Filed: September 21, 2021, 7:59 PM ET

Kevin Sheehan, 67, the Company’s current Chair of the Board, was appointed as the Company’s interim CEO, effective as of October 1, 2021.

Departed

Brian A. Jenkins

Chief Executive Officer

PLAY · Dave & Buster's Entertainment, Inc.

Effective: 2021-09-30
Successor: Kevin Sheehan
Filed: September 21, 2021, 7:59 PM ET

Mr. Jenkins will cease to serve as CEO and Director on September 30, 2021.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Kevin Sheehan was appointed as interim Chief Executive Officer at Dave & Buster's Entertainment, Inc..

Action: appointed
Role: interim Chief Executive Officer

Exact text from the filing

Kevin Sheehan, 67, the Company’s current Chair of the Board, was appointed as the Company’s interim CEO, effective as of October 1, 2021.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Brian A. Jenkins resigned as Chief Executive Officer at Dave & Buster's Entertainment, Inc..

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

Mr. Jenkins will cease to serve as CEO and Director on September 30, 2021.

View on SEC.gov

Dave & Buster's Entertainment, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-21-117892

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