Duties include financial, strategic planning
U theme park and CityWalk veteran Ron B. Lam has been tapped chief financial officer and senior veep of GameWorks, the location-based interactive entertainment venture created by Steven Spielberg and Sega Enterprises.
Lam will be responsible for all financial and strategic planning for the entertainment company. He will also play an integral role in industry research and business expansion activities.
“I have great respect for Ron Lam and his accomplishments in both the entertainment industry and the financial community,” said Ron Bension, GameWorks CEO and prexy. “He is a uniquely talented and experienced executive, and we are delighted to have him join GameWorks at this significant stage of the company’s expansion and development.”
Theme park background
The appointment marks the second time Lam and Bension have worked together at U. Previously, Lam served as the senior veep and chief financial officer for Universal Studios Hollywood theme park and CityWalk entertainment complex, where he was responsible for the all financial activities, information services and strategic planning.
Lam joined U in 1989, working as corporate planning manager and corporate director of planning, where he was responsible for planning activities companywide.
Before U, Lam was a senior consultant with Price Waterhouse, where for three years he provided counsel on mergers and acquisitions, strategic planning, profit improvement assessments and reorganizations.
He also headed his own business advisory firm involved with investor groups assessing acquisitions in the entertainment and retail industries.
“I look forward to joining GameWorks’ talented management team and welcome the opportunity to work with Ron Bension again,” Lam said. “I strongly believe in the future of this company and the potential for continued growth and enhanced profitability.”
GameWorks operates a dozen venues in the United States and two international locations in Guam and Brazil.
Bension, who joined GameWorks in October, served as chairman and CEO of MCA/Universal Studios Recreation Group, ankling the post in 1996.