logo
Plus   Neg
Share
Email

GameWorks Appoints Philip Kaplan As Chairman And CEO - Quick Facts

GameWorks Inc. said that ExWorks Capital has assumed full ownership of the Company and appointed new leadership. ExWorks has been a lender to GameWorks since 2017, and recently restructured its investment, giving it full control of the Company. Philip N. Kaplan was named chairman and chief executive officer.

Most recently, Kaplan served as managing partner of April Mountain Properties, LLC, a family owned real-estate company that owns and operates residential rental properties. During his five years in this role, he grew the business substantially. Prior, he was chief executive officer and board member at private equity-held dbtech, a leader in healthcare workflow automation solutions.

Kaplan also served as chief operating officer and board member of Quality Systems, Inc. (QSII), a healthcare IT company. Earlier, he was chief strategy officer of Internap Network Services Corporation (INAP), which acquired VitalStream Holdings, Inc. (VSTH), a software-as-a-network service that enabled enterprise, entertainment and media clients to deliver video and audio experiences to global online audiences, which Kaplan co-founded.

Kaplan was president, chief operating officer and Board member at VitalStream until the February 2007 acquisition. He was then instrumental in the transition and integration of the two entities. Currently, Kaplan is a member of the board of directors of the online action sports company, Surfline.com.

Kaplan replaces Greg Stevens, who served as GameWorks' chief executive officer for six years.

For comments and feedback contact: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
MillerCoors LLC has filed a lawsuit against Anheuser-Busch Companies LLC, part of Anheuser-Busch InBev, alleging that Anheuser-Busch's ad campaigns associating MillerCoors' products, Miller Lite and Coor Light, with corn syrup is "false and misleading." During the Super Bowl, ABInBev ran an advertising campaign that mocked Miller Lite and Coors Light use corn syrup in brewing. Shares of Biogen Inc. are falling almost 28 percent in Thursday's trading after the company and Japanese drugmaker Eisai Co. said they will discontinue two late-stage trials for their experimental Alzheimer's drug, Aducanumab. The two Phase 3 trials, ENGAGE and EMERGE, are multi-center, randomized, double-blind, placebo-controlled, parallel-group studies designed to evaluate Aducanumab. The European Union on Wednesday ordered Alphabet Inc.'s Google to pay an antitrust fine of 1.49 billion euros for abusing its dominant position in the online search advertising intermediation market by preventing competition. This is the third antitrust fine by the EU against Google and it represents 1.29 percent of the tech giant's turnover in 2018.
Follow RTT