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Adam Steinberg

Adam Steinberg is the Group CEO of Leisure and Allied Industries (LAI), chairman of Timezone, and executive director of LAI’s supply company Helix Leisure. He joined LAI in 1991 and has worked in a variety of roles, including National Development Manager for Timezone in Australia, and General Manager Operations and Chief Operating Officer. Earlier in his career, Adam was a Project Engineer with engineering group Clough. He earned a Bachelor of Engineering degree in 1985 and an MBA in 1991 from the University of Western Australia. His father Malcolm Steinberg was the founder of LAI in 1958 and launched Timezone entertainment centres in 1978. Timezone continues to operate today, with over 220 centres across six countries (Australia, New Zealand, Indonesia, the Philippines, India and Singapore) and annual sales in excess of $120 million. Its ownership changed in 2017, when Quadrant Private Equity and the Steinberg family established The Entertainment and Education Group. TEEG acquired Timezone for an undisclosed sum and in December 2017 announced plans to acquire the ten-pin bowling and entertainment division of Ardent Leisure for $160 million.
Bio last updated 10 Apr 2018

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