Topgolf hires David McKillips as CEO

Group 1 - Topgolf has appointed David McKillips as its new CEO, effective February 23, succeeding Arthie Starrs [8] - McKillips has over 30 years of experience in family entertainment, media, and theme parks, previously leading CEC Entertainment, the parent company of Chuck E. Cheese [3][4] - Under McKillips' leadership, CEC Entertainment underwent restructuring after filing for bankruptcy due to the COVID-19 pandemic, achieving global expansion and launching a membership program [4] Group 2 - Topgolf has faced challenges with sales growth while part of Callaway, but reported positive same-venue sales in the third quarter [5] - As an independent company, Topgolf aims to optimize capital allocation, simplify operational structures, and enhance profitability [5] - The company continues to expand, recently opening its fifth location in the Dallas-Fort Worth area and surpassing 100 venues in the U.S. [6]