“Extreme frugality is required. Every expense at the company must be scrutinised under a microscope and all waste eliminated. The company has no use for delegators and money wasters. I expect everyone to treat company money like their own and lead by example,” Cohen added. GameStop Worth USD 5 Billion Appoints Ryan Cohen as New CEO Who Will Not Receive Any Salary.
Video game retailer GameStop has fired CEO Matt Furlong without cause, appointing Ryan Cohen as Executive Chairman, effective immediately.Furlong started at GameStop in June 2021 and oversaw things like the company's move into NFTs, November .
Video game retailer GameStop has terminated its Chief Financial Officer Mike Recupero, while sacking employees in another round of mass layoffs.The layoffs were happening at GameStop s Texas headquarters, along with some staff at Game Informer, .
GameStop Corp. (GME) is advancing 14.43% after the meme-stock announced a 4-for-1 stock split. Meanwhile, Virgin Galactic Holdings Inc (SPCE) is up 12.17%.