GameStop announced Thursday that billionaire Ryan Cohen will take over as the chief executive, chairman and president of the video game retailer effective immediately – and he will not draw a salary.
“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.