GameStop is reportedly on the hunt for a new chief executive officer.
Three anonymous sources close to the matter told Reuters that the US retailer has started looking for a new CEO as it seeks to transition from a traditional brick-and-mortar business model to a more digital-driven retail company.
GameStop s board is reportedly working with an executive headhunter to find a CEO and has been in touch with potential candidates already, coming from the games industry, but also e-commerce and tech.
The retailer s current CEO, George Sherman, joined in April 2019, taking over from Shane Kim who was interim CEO for a little under a year.
By Reuters Staff
2 Min Read
FILE PHOTO: A man walks in front of a GameStop store in the Jackson Heights neighborhood of New York City, New York, U.S. January 27, 2021. Picture taken January 27, 2021. REUTERS/Nick Zieminski/File Photo
(Reuters) - GameStop Corp, which has been part of a recent Reddit-driven trading frenzy, said on Thursday it intends to elect activist investor Ryan Cohen as chairman, putting him in the driver’s seat as he looks to transform the videogame retailer.
Since Chewy co-founder Cohen joined GameStop’s board in January, he has been pushing towards transformation of the brick-and-mortar retailer into an e-commerce firm that can take on big-box retailers such as Target Corp and technology firms such as Microsoft Corp.
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