Scott Drake

Scott Drake Email and Phone Number

Chief Financial Officer at CEC Entertainment @ CEC Entertainment
Scott Drake's Location
Dallas, Texas, United States, United States
Scott Drake's Contact Details

Scott Drake personal email

Scott Drake phone numbers

About Scott Drake

A strategic and results-driven operational finance executive with demonstrated expertise in financial planning/analysis, corporate strategy, capital planning, global treasury, M&A, debt financing, project management, investor relations, corporate events and travel services. Established capabilities in corporate communications, accounting, IT and procurement. Specialist in growing small businesses and assessing / implementing the structural, process and technology needed to make them larger, more profitable businesses (AT&T dealer stores, Simply Mac and Cricket stores).As a creative-thinking leader with exceptional business acumen, sets a strategic direction to secure the long-term success of an enterprise by employing a collaborative communication style and focusing on the development of people and teams to achieve results.Expertise: Leadership || Planning || Process Improvement || Change Management || Category / Operations Analysis || Strategy || Forecasting || P&L Management || Treasury || Mergers, Acquisitions and Divestments || Corporate Communications || Project Management || Industry and Competitive Analysis || Budgeting || Investor Relations || Development of People & Teams

Scott Drake's Current Company Details
CEC Entertainment

Cec Entertainment

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Chief Financial Officer at CEC Entertainment
Scott Drake Work Experience Details
  • Cec Entertainment
    Cfo
    Cec Entertainment May 2024 - Present
    Irving, Tx, Us
  • Farmer Brothers
    Chief Financial Officer
    Farmer Brothers Mar 2020 - Oct 2023
    Fort Worth, Tx, Us
    Oversaw all financial operations, strategy, pricing, procurement, production planning and investor relations.Entry focused on turnaround efforts and quickly on COVID impacts to the business. Team acted quickly to return business to stability via:- Optimized production and warehouse footprints (exited Houston roasting facility and added DC to West Coast)- Right-sized national DSD sales channel (routes, personnel, facilities, etc)- Improved cashflow and availability for liquidity (working capital, debt restructuring, leverage of capital assets, etc.)- Implemented cost savings program to reduce ~25% of OSG&A - Assumed pricing, procurement and production planning areas to implement: AI pricing platform, better alignment with hedging / purchasing, reduction of inventories needed.Pivoted strategy to exit unprofitable business and inefficient facility that resulted in $100 million transaction that minimized leverage and allowed the high margin and high growth business to accelerate.
  • Gamestop
    Svp Financal Planning, Analysis & Treasurer
    Gamestop 2016 - 2019
    Grapevine, Texas, Us
    Assumed responsibilities in January 2016 for: Global Treasury, Risk Management and Meetings & Travel departments in addition to existing role.Focus on driving transformation and innovation to establish viable financial future for GME. Includes test and learn methodology, new revenue streams, adapted vendor relationships, leveraging core assets (associates, stores, loyalty members) in new ways. Financial lead for successful divestiture of Spring Mobile (1,400 AT&T dealer stores), Kongregate (mobile gaming entity) and Cricket branded stores (mobile communications entity).Priority to increase efficient capital management including: cash optimization improvements, dividend payment management, share buy-back program, ABL (asset-backed loan) renewal. All functions performed with added synergies, cost-savings or more favorable terms.Regularly participate in world-wide equity, debt and analyst road show meetings and conferences in addition to Rating Agencies in order to message the GME story with key financial market participants.Partnered with procurement function to drive $20+ million of savings from financial / treasury operations over the next 5 years.Participated in Deloitte CFO Academy I and II in preparation to lead a company in that role.
  • Gamestop
    Svp Financal Planning, Analysis
    Gamestop 2015 - 2016
    Grapevine, Texas, Us
    Focus on worldwide operational analytics, forecasting, budgeting and key initiative performance. Finance lead on multiple acquisitions (700+ stores) in the AT&T dealer space, initiation of procurement savings task force and long term cost savings initiatives.Team implemented new data warehouse solution, revamp of store reporting, investment performance review diligence and many other operational and cost savings focused contributions.Restructured department to better support "internal customers" and key priorities of the company.
  • 7-Eleven, Inc.
    Vice President, Financial Planning, Strategy And Communications
    7-Eleven, Inc. 2001 - 2015
    Irving, Tx, Us
    Consistently expanded responsibility over the years to most recent role which included leadership of the following departments: Financial Planning & Analysis, Capital Portfolio Management, Corporate Strategy, Project Management, Corporate Communications and Investor Relations.Key Accomplishments:• Ensured net earnings CAGR of 16+% and created $7,000,000,000 of enterprise value.• Attained/exceeded company financial plan yearly, except 2009.• Expanded store base in U.S. and Canada from under 5,300 units to over 8,300 units.• Functioned as project sponsor and lead for implementation of new intranet platform (SharePoint) with over 15,000 users, and increased usage by 50%+ while paying for the project within two years.• Launched franchisee magazine to build communication channels with franchise community.• Core team member on $1,200,000,000 tender offer (privatization) in 2005.• Core team member on cost savings initiative with realized savings of $150,000,000.• Developed leaders from Finance who now serve the organization in a multitude of areas.
  • Arthur Andersen
    Consulting Director
    Arthur Andersen 2000 - 2001
    Spearheaded projects to re-engineer finance functions for various retail, manufacturing, and distribution companies implementing turnaround initiatives. Also participated in business development, corporate and operational efficiency improvements.
  • La Madeleine
    Director Of Finance
    La Madeleine 1997 - 2000
    Dallas, Tx, Us
    Directed all finance, planning, analysis, treasury, and tax department staff, as well as activities including cash management, budgeting, forecasting, projections, strategic planning, acquisition/merger due diligence, capital acquisition/management, and recruiting/analysis support for all departments. Performed credit/collections adding, cost analysis, and treasury/tax activities. Entity size measured in dollars and outlets more than doubled during tenure.
  • Coca-Cola Enterprises
    Senior Analyst
    Coca-Cola Enterprises 1996 - 1997
    Uxbridge, West London, Gb
    Performed various tasks, including consulting projects, capital planning, annual budgeting, coordination and training of staff, and instructing division-level finance courses. Supported both field operations and acted as the division consolidation analyst.
  • Pwc
    Senior Auditor
    Pwc 1993 - 1996
    Gb
    Obtained understanding of diverse accounting systems and performed audit and merger/acquisition duties, including planning and supervising audit engagements and detail analysis of retail sales/cost of sales. Assisted in annual budgeting process and performed due diligence, 10Q, 10K, and S-1 procedures for SEC and non-SEC clients.

Scott Drake Skills

Forecasting Leadership Strategy Analysis P&l P&l Management Income Statement Retail Budgets Finance Process Improvement Financial Analysis Financial Reporting Strategic Planning Corporate Communications Accounting Financial Planning Management Strategic Financial Planning

Scott Drake Education Details

  • Mays Business School - Texas A&M University
    Mays Business School - Texas A&M University
    Corporate Finance
  • Mays Business School - Texas A&M University
    Mays Business School - Texas A&M University
    Accounting And Finance

Frequently Asked Questions about Scott Drake

What company does Scott Drake work for?

Scott Drake works for Cec Entertainment

What is Scott Drake's role at the current company?

Scott Drake's current role is Chief Financial Officer at CEC Entertainment.

What is Scott Drake's email address?

Scott Drake's email address is sd****@****-11.com

What is Scott Drake's direct phone number?

Scott Drake's direct phone number is +181772*****

What schools did Scott Drake attend?

Scott Drake attended Mays Business School - Texas A&m University, Mays Business School - Texas A&m University.

What skills is Scott Drake known for?

Scott Drake has skills like Forecasting, Leadership, Strategy, Analysis, P&l, P&l Management, Income Statement, Retail, Budgets, Finance, Process Improvement, Financial Analysis.

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