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UPDATE: April 8, 2021: GameStop s board plans to elect as its chairman Ryan Cohen, the founder and former CEO of Chewy, at its annual meeting of stockholders on June 9. Cohen was recently appointed to the retailer s board after he bought an activist stake in GameStop and began agitating for a swifter digital transformation.
Dive Brief:
GameStop s board has formed a new strategic committee tasked with accelerat[ing] the Company s transformation. Already the committee has hired a new chief technology officer and executives to lead customer care and e-commerce fulfillment.
Chairing the committee is Ryan Cohen, founder and former chief of pet e-commerce giant Chewy, who now sits on GameStop s board after leading an activist shakeup at the retailer. Alan Attal, also a former Chewy executive now on GameStop s board, and Kurt Wolf, another board member, round out the new committee.
GameStop Taps Billionaire Investor Ryan Cohen As Board Chair, Sending Shares Surging Anew
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GameStop shares rise over plan to replace chairman with Ryan Cohen
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