Former Chuck E. Cheese's CEO Joins UDallas

Building Extensive Finance and Global Business Experience

This fall, Mike Magusiak joined the Univeristy of Dallas as an adjunct professor and hopes to share what he learned working as an integral member of the executive management team for CEC Entertainment, Inc. (Chuck E. Cheese) for nearly 27 years.

When Magusiak initially joined CEC Entertainment in 1987, the Irving-based company was facing a negative cash flow and needed a turnaround. By 1989, with Magusiak as chief financial officer and taking CEC Entertainment public, the company began returning profits once again. In 2008, Magusiak was named CEO of the company and served until 2014 when it was sold to a private equity group. Magusiak also served on the board of directors from 1988 to 2014. The annual compound growth rate of CEC Entertainment, Inc. stock from 1989 to 2014 was 18.6 percent

Prior to joining CEC Entertainment, Magusiak worked for Church's Fried Chicken, Inc. five years and Holiday Inns, Inc., in Memphis, Tennessee, for four years.

Throughout his career, Magusiak also developed strong global business experience. While at Holiday Inns, he performed international financial and operations audits and expanded the Chuck E. Cheese’s brand across two additional continents.

Giving Back to Graduate Students

When asked what students can expect in his Foundations of Management and Strategy course this fall, Magusiak said, “I ran a public company for many years and learned that thinking strategically is absolutely critical for success. I want to focus on not just developing a strategy but knowing the best ways to implement it too.”

“At CEC Entertainment, at the end of every year, our executive team spent the last two months brainstorming ideas to evolve our concept and improve our product. Each time we began with a blank slate and asked ourselves the same questions. Often, we came up with many different ways but the execution of the plan was very, very hard work,” said Magusiak, “I used to carry our strategic plan in my briefcase to remind us that implementation is key to growth.”

Much like 85 percent of UDallas students, Magusiak worked full time while studying for an MBA and adds that he knows full well what UD students are going through.

“I went to school at night as well,” said Magusiak, “I worked full time as I worked on my master’s and it took me four years to complete my MBA.”

Overall, what Magusiak is most looking forward to in this new venture is interactions with UD students.

“So many people have had a positive influence on my career and life both professionally and personally; I hope I am able to share with UD students the same mentorship that I received and help them develop a great career.”

Learn more about the Satish & Yasmin Gupta College of Business.

News

Recent DBA Alumnus Begins Tenure-Track Position at UNI

Gabe Dickey, DBA '19, recently successfully defended his dissertation, titled "Exploring the Human Side of Audit Quality: Team Engagement and Partner Leadership Behaviors," for UD's Doctor of Business Administration. Dickey has spent his career in the accounting profession, the vast majority as a certified public accountant working in auditing. He began UD's DBA program three years ago, drawn in by his interest in broader business issues and the program's practitioner-oriented focus.

+ Read More

Longtime Campus Safety Officer Sworn In to UDPD

Carlos Tijerina came to UD as a Campus Safety officer 23 years ago. He has loved the camaraderie of the CSO, but it has always been his dream to become a police officer. Then, a little over a year ago, UD finally got a police department. On Sept. 10, Tijerina was sworn in by President Thomas Hibbs as an official part of the UDPD team.

+ Read More

New Trustee Brings Vast Array of Experience to UD's Board

"I guess I'm a man for all seasons," said Irving City Councilman Al Zapanta, who was elected to the University of Dallas Board of Trustees on May 31. Zapanta has had, as he explained, three different, often overlapping careers: in the military, in the private sector, and in both federal and state government and politics.

+ Read More