Drive Shack Shifts Strategy, No Longer Pursues Marietta Market
Drive Shack Inc. (DS)
Last drive shack inc. earnings: 11/11 10:45 pm
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US:NYSE Investor Relations:
ir.driveshack.com
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- Drive Shack no longer plans to develop a venue in Marietta, GA. The change in direction comes as part of the company’s enhanced strategy and plans for growth, now led by new CEO Ken May. Previously, May served as CEO of Topgolf where he was pivotal in the business’s growth, opening 24 stores and quadrupling the company’s workforce, all in just four years. Under his guidance Drive Shack aims to be positioned for similar growth. As part of the shift in direction, the company will be taking a deeper look at locations in which American Golf, a Drive Shack Inc. subsidiary, currently operates. The City of Marietta has been an incredible partner and advocate of Drive Shack. We greatly appreciate and are thankful for all the support they have given us. ABOUT DRIVE SHACK INC. Drive Shack Inc. (NYSE:DS) is a publicly traded owner and operator of golf-related
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