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Ryan Cohen (born 1986) [1] is a Canadian entrepreneur, business executive and activist investor. [2] [3] He founded e-commerce company Chewy in 2011, and was the company's chief executive officer (CEO) until 2018.
Daniel DeMatteo replaced Richard Fontaine as GameStop CEO in August 2008. ... GameStop announced net income of $6.7 million for fiscal year 2023. ... of fee worth $30 ...
Cohen, the founder of Chewy , whose net worth is estimated above $1 billion, won't ... Cohen's rise to GameStop CEO is the culmination of his role in the meme stock movement. In 2021, he became a ...
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.
[110] [111] GameStop CEO George Sherman owns over 2.3 million shares in the company, according to Bloomberg News. These shares were worth $44 million on December 31, but reached $1.1 billion when GameStop's stock reached $469, briefly making him a billionaire, before the value of his stock dropped to $901 million on January 29. [112] [110]
On January 28, 2021, Robinhood was among a number of brokerages that halted users from buying stock or options in GameStop and the other heavily shorted-securities. [ 16 ] On February 18, 2021, Tenev testified before the United States House Committee on Financial Services regarding Robinhood's role during the GameStop short squeeze.
The interest surrounding GameStop caused its price to jump to a record closing price of $86.88 on January 27, 2021. Cohen expressed his excitement over Trump's return on X on Wednesday, writing ...
Billionaire Ryan Cohen, the largest individual investor in GameStop, is taking over as CEO at the video game retailer. Cohen is already the board chairman and the company's largest individual ...