CEC Entertainment LLC., parent to Chuck E. Cheese, Peter Piper Pizza, and Pasqually's Pizza & Wings, named Scott Drake as EVP, CFO, the company announced on Monday. Drake is one of four executives who were named to leadership positions at the Irving, Texas-based chain.
In this role, Drake will be charged with building a new revenue management strategy and will oversee the company’s finance functions, internal audit, and real-estate development.
“I am excited by the opportunity to join a company with such great leaders and iconic brands that resonate strongly to so many households,” said Drake in a statement. “I hope to leverage my experience in order to play a meaningful role in the growth trajectory as we write the next chapter for CEC Entertainment.”
Drake has over 30 years of financial experience. Most recently, he served as CFO and treasurer of Farmer Brothers, a coffee supplier. Prior to that, he had a 5-year run at GameStop as SVP of finance & treasurer. He’s also worked in a financial capacity at 7-Eleven, PWC, Coca-Cola Enterprises, La Madeleine French Bakery & Café, and Arthur Anderson.
“[Drake’s] appointment comes at a pivotal moment as our business is rapidly changing with more competition, higher costs, the need for more real-time insights and effective revenue management,” said David McKillips, president and CEO of CEC Entertainment, in a statement. “I am confident and excited to see us execute on our plans this year and know we’re poised for another strong year of growth with the right leaders in place.”
In addition to Drake, CEC Entertainment has named three other executives.
David Deck was promoted to EVP, general counsel and chief compliance officer. Deck has been with CEC Entertainment for 25 years.
Antonio Barron was named VP of purchasing and games for both Chuck E. Cheese and Peter Piper Pizza after ten years with the company. He replaces Mike Johnson, who led the purchasing department on two different occasions for a combined 26 years.
Justin Lee was promoted to VP, construction, design and facilities. Lee is responsible for the recent remodels at Chuck E. Cheese units across the country.
Both Barron and Lee will continue reporting to Randy Forsythe, COO.
The new leaders will be based at the CEC Entertainment corporate support center in Irving, Texas.