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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.
(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 ...
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 ...
1.6.7 Other news in 2021 to 2024. 1.6.8 NFT platform. ... In April 2021, George Sherman announced that he will step down as CEO of GameStop by July 31, 2021.
Cohen remained CEO following the acquisition and operated the business largely as an independent unit of PetSmart. [19] He grew the business to 3.5 billion in revenue in 2018, including 66% of sales coming from customers signed up for automatic recurring shipments, [ 20 ] prior to stepping down as CEO to pursue personal goals and spend time ...
GameStop announced today that its CEO, George Sherman, will be stepping down on July 31 or earlier, upon the appointment of a successor, according to a company statement. See: GameStop Shares ...
GameStop Chair Kathy Vrabeck and board member Raul Fernandez sold shares from January 13 to 16, making $1.4 million, and likewise, board member Lizabeth Dunn cashed in $156,700. [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 ...
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 ...