After only seven short months, GameStop's executive vice president and chief operating officer Jenna Owens has left the company. Reuters reported that while there was no reason provided for Owens'.
Ryan Cohen brings vision to struggling GameStop. Now, he must deliver
The Grapevine-based video game company is in a strong position financially to execute Cohen’s plan.
Chewy co-founder Ryan Cohen will become GameStop s board chairman at the company s annual shareholders meeting on June 9.(Charlie Neibergall)
Perhaps no one, not even the day-trading hero they call Roaring Kitty, is more responsible for the improbable 700% rally in GameStop Corp. this year than Ryan Cohen.
At 35 years old, Cohen is a billionaire entrepreneur with a reputation for a Midas touch after building the pet-supply site he co-founded Chewy into a booming business. So when word got out in mid-January that he had secured three seats on GameStop’s board after amassing a 13% stake, shares of the video-game retailer exploded.
Ryan Cohen Maps Out GameStop Turnaround Plan
Bloomberg 4 hrs ago Olga Kharif and Anders Melin
(Bloomberg) Perhaps no one, not even the day traders’ hero called Roaring Kitty, is more responsible for the improbable 700% rally in GameStop Corp. this year than Ryan Cohen.
Popular Searches
At 35 years old, Cohen is a billionaire entrepreneur with a reputation for a Midas touch after building the pet-supply site he co-founded Chewy into a booming business. And so when word got out in mid-January that he had secured three seats on GameStop’s board after amassing a 13% stake, shares of the video-game retailer exploded. What had just been something of a run-of-the-mill outperformance in the bull market turned into a parabolic surge overnight.