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GameStop fired its CEO Wednesday with no explanation and abruptly canceled its earnings call, pushing at least one Wall Street analyst to reiterate a view the video game retailer remains "doomed."
(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 ...
Shares of GameStop fell sharply Thursday after the company fired CEO Matthew Furlong, the former Amazon executive who was brought in two years ago to turn the struggling video game retailer around.
On May 31, 2018, GameStop named Shane Kim as interim CEO. [91] Kim was replaced by George Sherman in March 2019. [ 92 ] [ 93 ] [ 94 ] On March 12, 2020, it was announced that a group of shareholders including Hestia Capital Partners LP and Permit Capital Enterprise Fund LP sent a "threat" letter to the Grapevine, Texas, company's board, urging ...
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 ...
Ryan Cohen (born 1986) [1] is a Canadian entrepreneur and activist investor. [2] [3] He founded e-commerce company Chewy in 2011, and was the company's chief executive officer (CEO) until 2018.
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.
On Wednesday, the Federal Trade Commission said Ryan Cohen, managing partner of RC Ventures and Chairman and CEO of GameStop Corporation (NYSE:GME), will pay a $985,320 civil penalty. This fine ...