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- Esports venue owner and operator Allied Esports Entertainment announced this week the appointment of Anthony A. Hung as chief financial officer.
- Kenneth DeCubellis stepped down from his role as financial officer and treasurer on Sept. 24 but will remain with the company through the end of the year as a consultant.
- Hung, a Harvard and UCLA graduate, has nearly 30 years of finance, strategy, and operational expertise in the media and entertainment, software, and venture capital industries.
Following its business combination in August, esports venue owner and operator Allied Esports Entertainment (AESE), announced the appointment of Anthony A. Hung as chief financial officer (CFO), effective Sept. 24, 2019. The company’s previous CFO Kenneth DeCubellis stepped down from his role as chief financial officer and treasurer after helping lead the business combination of Black Ridge Acquisition Corp., Allied Esports International, Inc., and WPT Enterprises, Inc., that formed AESE. DeCubellis will remain with the company through the end of the year as a consultant.
Hung brings nearly 30 years of finance, strategy, and operational expertise to AESE. He holds a Master of Business Administration degree from the Anderson School at UCLA in addition to a Bachelor of Arts degree in economics from Harvard College.
Before joining AESE, Hung served as the CEO and CFO of audio solutions company Audio Design Experts. Furthermore, he held a number of financial and operational positions at companies primarily in the media and entertainment, software, and venture capital industries including kitchenware store Cooking.com, automotive dealership software-as-a-service developer Golden Eye Dealership Solutions, $220M USD venture capital fund DynaFund Ventures, financial services firm Donaldson, Lufkin & Jenrette Securities, and The Walt Disney Company.
“I am excited to join Allied Esports Entertainment’s senior management team and build on the significant progress already made to position the company for profitable growth,” Hung commented in a release. “In an exciting and burgeoning industry, I am delighted to have the opportunity to draw on my experience to help us deliver top of the line in-person experiences, content and online services to our customers while increasing shareholder value.”
In September, AESE announced it partnered with Australian company Fortress Esports to build the 29,000 square feet (2,700m²) esports venue Fortress Melbourne, targeting a March 2020 launch.
Esports Forum at Twickenham Stadium – Oct.9 | Next month during Sports Business Summit TEO is hosting the Esports Forum inviting sports and esports executives to network and discuss the future of sports entertainment.
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