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Sherman's move to step down comes as Ryan Cohen, co-founder and former CEO of online pet food company Chewy Inc, tightens his grip on GameStop after taking over as chairman earlier this month.
GameStop's first quarter came in worse than Wall Street had hoped, with revenue of $1.24 billion coming in short of analysts expectations for $1.34 billion. Shares of GameStop fell nearly 20% at ...
(Reuters) -Ryan Cohen, the billionaire investor whose bet on GameStop Corp made him popular with meme stock traders, took over as executive chairman on Wednesday after the video game retailer ...
He joined GameStop as COO in 2008, became CEO in June 2010, and stepped down due to brain cancer in November 2017. [5] He received total compensation of $9.1 million in 2015 and $7.8 million in 2016. [6] Raines was a member of the board of directors of GameStop, J.C. Penney, and Advance Auto Parts.
The company's shares, which were at the heart of a Reddit-driven trading frenzy, jumped 9% in premarket trade on Monday after GameStop said Sherman would resign on or before July 31 and that it ...
The company has already hired former Amazon and Google executive Jenna Owens as its new chief operating officer.
Gamestop Corp chief executive George Sherman can step down this summer with a $179 million windfall that dwarfs CEO salaries at many larger corporations thanks to a sweetheart deal that was ...
(Reuters) -GameStop fell about 19% on Thursday and was set for its worst session in two years after the surprise exit of a CEO handpicked to lead its online expansion fanned concerns about the ...